Depreciation and Amortization Property and equipment are stated at cost, less accumulated depreciation or amortization, whenever applicable. Depreciation and amortization expenses for property and equipment were approximately $1.2 billion, $1.1 billion, and $1.1 billion for fiscal 2013, 2012, and 2011, respectively. Depreciation and amortization are computed using the straight-line method, generally over the following periods:
|
| | |
Asset Category | | Period |
Buildings | | 25 years |
Building improvements | | 10 years |
Furniture and fixtures | | 5 years |
Leasehold improvements | | Shorter of remaining lease term or 5 years |
Computer equipment and related software | | 30 to 36 months |
Production, engineering, and other equipment | | Up to 5 years |
Operating lease assets | | Based on lease term generally up to 3 years |
