Property And Equipment, Net

3 Months Ended

Mar. 31, 2012

Property And Equipment, Net [Abstract]

Note 3—Property and Equipment, net

Property and equipment, net consisted of the following:


(In millions)	March 31, 2012			December 31, 2011
Land and land improvements	$	7,461.4		$	7,460.8
Land concessions		605.8			606.7
Buildings, riverboats, and improvements		9,121.0			9,103.5
Furniture, fixtures, and equipment		2,418.1			2,415.2
Construction in progress		260.1			361.1

		19,866.4			19,947.3
Less: accumulated depreciation		(2,864.6	)		(2,681.3	)

	$	17,001.8		$	17,266.0

Depreciation expense for the three months ended March 31, 2012 and 2011, was $189.8 million and $179.8 million, respectively, and is included in depreciation and amortization and corporate expense in our consolidated statements of comprehensive loss.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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