Notes to the Financial Statements
June 30, 2012
Capital asset activity for the year was as follows (amounts in thousands):
Beginning | Ending | |||
---|---|---|---|---|
Balance | Additions | Retirements | Balance | |
Governmental Activities | ||||
Capital Assets not being Depreciated: | ||||
Land | $1,594,804 | $45,082 | $789 | $1,639,097 |
Construction in Progress | 2,340,153 | 1,231,383 | 986,255 | 2,585,281 |
Total Capital Assets not being Depreciated | 3,934,957 | 1,276,465 | 987,044 | 4,224,378 |
Other Capital Assets: | ||||
Buildings | 3,275,887 | 54,717 | 27,030 | 3,303,574 |
Improvements Other than Buildings | 471,291 | 14,138 | 5,249 | 480,180 |
Equipment | 1,907,526 | 241,015 | 39,100 | 2,109,441 |
Infrastructure | 12,655,722 | 368,078 | - | 13,023,800 |
Total Other Capital Assets at Historical Cost | 18,310,426 | 677,948 | 71,379 | 18,916,995 |
Less: Accumulated Depreciation For: | ||||
Buildings | 1,799,382 | 82,587 | 27,030 | 1,854,939 |
Improvements Other than Buildings | 294,713 | 23,866 | 5,249 | 313,330 |
Equipment | 1,754,168 | 328,452 | 39,100 | 2,043,520 |
Infrastructure | 7,472,822 | 490,878 | - | 7,963,700 |
Total Accumulated Depreciation | 11,321,085 | 925,783 | 71,379 | 12,175,489 |
Other Capital Assets, Net | 6,989,341 | (247,835) | - | 6,741,506 |
Governmental Activities, Capital Assets, Net | $10,924,298 | $1,028,630 | $987,044 | $10,965,884 |
* Depreciation expense was charged to functions as follows:
Governmental Activities: | |
Legislative | $6,179 |
General Government | 40,101 |
Regulation and Protection | 37,946 |
Conservation and Development | 15,926 |
Health and Hospitals | 14,330 |
Transportation | 689,140 |
Human Services | 2,226 |
Education, Libraries and Museums | 42,357 |
Corrections | 47,864 |
Judicial | 22,225 |
Capital assets held by the government's internal | |
service funds are charged to the various functions | |
based on the usage of the assets | 7,489 |
Total Depreciation Expense | $925,783 |
---|
Beginning | Ending | |||
---|---|---|---|---|
Balance | Additions | Retirements | Balance | |
Business-Type Activities | ||||
Capital Assets not being Depreciated: | ||||
Land | $64,670 | $83 | $44 | $64,709 |
Construction in Progress | 295,488 | 150,287 | 22,345 | 423,430 |
Total Capital Assets not being Depreciated | 360,158 | 150,370 | 22,389 | 488,139 |
Capital Assets being Depreciated: | ||||
Buildings | 4,050,454 | 121,432 | 7,949 | 4,163,937 |
Improvements Other Than Buildings | 532,945 | 19,703 | 182 | 552,466 |
Equipment | 954,562 | 74,071 | 43,642 | 984,991 |
Total Other Capital Assets at Historical Cost | 5,537,961 | 215,206 | 51,773 | 5,701,394 |
Less: Accumulated Depreciation For: | ||||
Buildings | 1,535,066 | 122,235 | 5,496 | 1,651,805 |
Improvements Other Than Buildings | 286,167 | 21,211 | 30 | 307,348 |
Equipment | 608,808 | 66,784 | 42,018 | 633,574 |
Total Accumulated Depreciation | 2,430,041 | 210,230 | 47,544 | 2,592,727 |
Other Capital Assets, Net | 3,107,920 | 4,976 | 4,229 | 3,108,667 |
Business-Type Activities, Capital Assets, Net | $3,468,078 | $155,346 | $26,618 | $3,596,806 |
Component Units
Capital assets of the component units consisted of the following as of June 30, 2012 (amounts in thousands):
Land | $29,031 |
Buildings | 369,994 |
Improvements other than Buildings | 2,961 |
Machinery and Equipment | 433,615 |
Construction in Progress | 14,137 |
Total Capital Assets | 849,738 |
Accumulated Depreciation | 442,036 |
Capital Assets, net | $407,702 |