MCDONALDS CORP | 2013 | FY | 3

Property and Equipment
 
Net property and equipment consisted of:
In millions
December 31, 2013
 
 
2012

Land
 
$
5,849.3

 
$
5,612.6

Buildings and improvements
on owned land
 
14,715.6

 
14,089.0

Buildings and improvements
on leased land
 
13,825.2

 
12,970.8

Equipment, signs and
seating
 
5,376.8

 
5,241.0

Other
 
588.7

 
577.7

 
 
40,355.6

 
38,491.1

Accumulated depreciation
and amortization
 
(14,608.3
)
 
(13,813.9
)
Net property and equipment
 
$
25,747.3

 
$
24,677.2


Depreciation and amortization expense for property and equipment was (in millions): 2013–$1,498.8; 2012–$1,402.2; 2011–$1,329.6.

us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock