Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v2.4.1.9
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net

Property and equipment, net consists of the following (in millions):

 
December 31,
 
2014
 
2013
Distribution and support equipment (a)
$
114.5

 
$
114.3

Furniture, fixtures and equipment
53.9

 
43.0

Building (b)
44.8

 
44.8

 
213.2

 
202.1

Less accumulated depreciation
(123.4
)
 
(106.4
)
 
$
89.8

 
$
95.7



(a)
The cost of satellite transponders accounted for as capital leases was $57.5 million as of December 31, 2014, and 2013. Accumulated depreciation for these transponders was $37.8 million and $33.9 million at December 31, 2014 and 2013, respectively.

(b)
Represents the cost of Starz’s corporate headquarters facility in Englewood, Colorado which is accounted for as a capital lease. Accumulated depreciation for the building totaled $2.9 million and $1.5 million at December 31, 2014 and 2013, respectively.