Property and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

(In millions)	March 31, 2020			December 31, 2019
Land	$	4,211		$	4,218
Buildings, riverboats, and leasehold and land improvements	12,454			12,022
Furniture, fixtures, and equipment	1,804			1,762
Construction in progress	327			706
Total property and equipment	18,796			18,708
Less: accumulated depreciation	(3,960		)	(3,732		)
Total property and equipment, net	$	14,836		$	14,976

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.

Depreciation Expense and Capitalized Interest
	Three Months Ended March 31,
(In millions)	2020		2019
Depreciation expense	$	238	$	229
Capitalized interest	8		5