Notes to the Financial Statements
June 30, 2014
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 | $1,666,409 | $22,713 | $2,589 | $1,686,533 |
Construction in Progress | 2,999,504 | 1,766,755 | 1,301,202 | 3,465,057 |
Total Capital Assets not being Depreciated | 4,665,913 | 1,789,468 | 1,303,791 | 5,151,590 |
Other Capital Assets: | ||||
Buildings | 3,616,027 | 444,889 | 55,042 | 4,005,874 |
Improvements Other than Buildings | 490,508 | 24,200 | 71,674 | 443,034 |
Equipment | 2,312,058 | 368,822 | 132,628 | 2,548,252 |
Infrastructure | 13,653,034 | 253,432 | 81,818 | 13,824,648 |
Total Other Capital Assets at Historical Cost | 20,071,627 | 1,091,343 | 341,162 | 20,821,808 |
Less: Accumulated Depreciation For: | ||||
Buildings | 1,726,962 | 100,145 | 55,042 | 1,772,065 |
Improvements Other than Buildings | 334,919 | 22,005 | 71,674 | 285,250 |
Equipment | 2,235,366 | 373,144 | 132,628 | 2,475,882 |
Infrastructure | 8,453,483 | 528,911 | 81,818 | 8,900,576 |
Total Accumulated Depreciation | 12,750,730 | 1,024,205 | 341,162 | 13,433,773 |
Other Capital Assets, Net | 7,320,897 | 67,138 | - | 7,388,035 |
Governmental Activities, Capital Assets, Net | $11,986,810 | $1,856,606 | $1,303,791 | $12,539,625 |
* Depreciation expense was charged to functions as follows: | ||||
Governmental Activities: | ||||
Legislative | $6,167 | |||
General Government | 37,285 | |||
Regulation and Protection | 42,165 | |||
Conservation and Development | 17,073 | |||
Health and Hospitals | 15,457 | |||
Transportation | 784,351 | |||
Human Services | 2,580 | |||
Education, Libraries and Museums | 49,460 | |||
Corrections | 33,842 | |||
Judicial | 22,041 | |||
Capital assets held by the government's internal service funds are charged to the various functions |
|
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based on the usage of the assets | 13,784 | |||
Total Depreciation Expense | $1,024,205 | |||
Beginning | Ending | |||
Balance | Additions | Retirements | Balance | |
Business-Type Activities | ||||
Capital Assets not being Depreciated: | ||||
Land | $67,011 | $1,572 | $795 | $67,788 |
Construction in Progress | 407,953 | 337,816 | 235,149 | 510,620 |
Total Capital Assets not being Depreciated | 474,964 | 339,388 | 235,944 | 578,408 |
Capital Assets being Depreciated: | ||||
Buildings | 4,215,619 | 311,161 | 24,694 | 4,502,086 |
Improvements Other Than Buildings | 342,182 | 21,140 | 176 | 363,146 |
Equipment | 975,753 | 65,622 | 72,440 | 968,935 |
Total Other Capital Assets at Historical Cost | 5,533,554 | 397,923 | 97,310 | 5,834,167 |
Less: Accumulated Depreciation For: | ||||
Buildings | 1,667,925 | 133,032 | 5,913 | 1,795,044 |
Improvements Other Than Buildings | 177,805 | 14,389 | 206 | 191,988 |
Equipment | 644,562 | 66,151 | 66,374 | 644,339 |
Total Accumulated Depreciation | 2,490,292 | 213,572 | 72,493 | 2,631,371 |
Other Capital Assets, Net | 3,043,262 | 184,351 | 24,817 | 3,202,796 |
Business-Type Activities, Capital Assets, Net | $3,518,226 | $523,739 | $260,761 | $3,781,204 |
Component Units
Capital assets of the component units consisted of the following as of June 30, 2014 (amounts in thousands):
Land | $54,430 |
Buildings | 661,379 |
Improvements other than Buildings | 309,992 |
Machinery and Equipment | 498,757 |
Construction in Progress | 41,370 |
Total Capital Assets | 1,565,928 |
Accumulated Depreciation | 814,572 |
Capital Assets, Net | $751,356 |