Property and Equipment (Notes)

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property and Equipment

(In millions)	June 30, 2019			December 31, 2018
Land	$	4,771		$	4,871
Buildings, riverboats, and leasehold and land improvements	12,352			12,243
Furniture, fixtures, and equipment	1,672			1,563
Construction in progress	577			406
Total property and equipment	19,372			19,083
Less: accumulated depreciation	(3,480		)	(3,038		)
Total property and equipment, net	$	15,892		$	16,045

Our property and equipment is subject to various operating leases for which we are the lessor. We lease our property and equipment related to our hotel rooms, convention space and retail space through various short-term and long-term operating leases. See Note 7 for further discussion of our leases.

Depreciation Expense and Capitalized Interest
	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2019		2018		2019		2018
Depreciation expense	$	223	$	251	$	452	$	515
Capitalized interest	7		1		12		3