Property and Equipment, net (Tables)

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment, net consists of the following:



(In millions)	March 31, 2013			December 31, 2012
Land and land improvements	$	7,208.6		$	7,208.8
Buildings, riverboats, and improvements	8,693.4			8,725.7
Furniture, fixtures, and equipment	2,518.2			2,491.0
Construction in progress	508.9			378.3
	18,929.1			18,803.8
Less: accumulated depreciation	(3,252.9		)	(3,102.1		)
	$	15,676.2		$	15,701.7

Depreciation Expense

Depreciation expense, which is included in depreciation and amortization, corporate expense and (loss)/income from discontinued operations in our Consolidated Condensed Statements of Operations, is as follows:



	Quarter Ended March 31,
(In millions)	2013		2012
Depreciation expense	$	163.5	$	190.3

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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