Property and Equipment, net

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]



(In millions)	March 31, 2014			December 31, 2013
Land and land improvements	$	6,273.3		$	6,266.8
Buildings, riverboats, and improvements	6,610.0			6,668.1
Furniture, fixtures, and equipment	2,244.4			2,297.7
Construction in progress	1,099.4			824.6
	16,227.1			16,057.2
Less: accumulated depreciation	(2,879.2		)	(2,819.3		)
	$	13,347.9		$	13,237.9

Depreciation expense is included in depreciation and amortization, corporate expense, and income from discontinued operations, and was as follows:



	Three Months Ended March 31,
(In millions)	2014		2013
Depreciation expense	$	129.0	$	163.5

Tangible Asset Impairments

Tunica, Mississippi

During the three months ended March 31, 2014, due to our announced plans to permanently close the Harrah’s Tunica casino, we recorded tangible asset impairment charges of $66.8 million.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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