Humana 2015 Annual Report Download - page 118

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
110
8. PROPERTY AND EQUIPMENT, NET
Property and equipment was comprised of the following at December 31, 2015 and 2014, excluding Concentra
amounts classified as held-for-sale at December 31, 2014 for comparative purposes. Net property and equipment
associated with Concentra and classified as held-for sale at December 31, 2014 was $191 million.
2015 2014
(in millions)
Land $ 20 $ 18
Buildings and leasehold improvements 633 602
Equipment 645 631
Computer software 1,424 1,656
2,722 2,907
Accumulated depreciation (1,338) (1,679)
Property and equipment, net $ 1,384 $ 1,228
Depreciation expense was $354 million in 2015, $328 million in 2014, and $309 million in 2013, including
amortization expense for capitalized internally developed and purchased software of $220 million in 2015, $191 million
in 2014, and $172 million in 2013.
9. GOODWILL AND OTHER INTANGIBLE ASSETS
The carrying amounts of goodwill for our reportable segments have been retrospectively adjusted as of January 1,
2014 to conform to the 2015 segment change discussed in Note 2. Changes in the carrying amount of goodwill for our
reportable segments for the years ended December 31, 2015 and 2014 were as follows:
Retail Group
Healthcare
Services Total
(in millions)
Balance at January 1, 2014 $ 1,069 $ 385 $ 1,799 $ 3,253
Acquisitions — — 19 19
Dispositions — — (40)(40)
Subsequent payments/adjustments — — (1)(1)
Balance at December 31, 2014 1,069 385 1,777 3,231
Acquisitions — — 35 35
Dispositions — — (1)(1)
Balance at December 31, 2015 $ 1,069 $ 385 $ 1,811 $ 3,265
Healthcare Services segment goodwill of $480 million associated with the sale of Concentra was reclassified to
assets held-for-sale as of January 1, 2014 for comparative purposes and excluded from the table above. This $480
million of goodwill was disposed of on June 1, 2015 with the completion of the sale of Concentra.