Humana 2009 Annual Report Download - page 98

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
7. PROPERTY AND EQUIPMENT, NET
Property and equipment was comprised of the following at December 31, 2009 and 2008:
2009 2008
(in thousands)
Land ..................................................... $ 16,206 $ 16,206
Buildings .................................................. 368,341 360,655
Equipment and computer software .............................. 1,549,789 1,468,540
1,934,336 1,845,401
Accumulated depreciation .................................... (1,255,194) (1,133,909)
Property and equipment, net ............................... $ 679,142 $ 711,492
Depreciation expense was $213.0 million in 2009, $183.3 million in 2008, and $162.4 million in 2007.
8. GOODWILL AND OTHER INTANGIBLE ASSETS
Changes in the carrying amount of goodwill, by segment, for the years ended December 31, 2009 and 2008
were as follows:
Commercial Government Total
(in thousands)
Balance at December 31, 2007 ................................. $1,118,323 $545,616 $1,663,939
Acquisitions and subsequent payments/adjustments ............. 150,576 148,596 299,172
Balance at December 31, 2008 ................................. 1,268,899 694,212 1,963,111
Acquisitions and subsequent payments/adjustments ............. 12,726 17,087 29,813
Balance at December 31, 2009 ................................. $1,281,625 $711,299 $1,992,924
Other intangible assets primarily relate to acquired customer contracts and are included with other long-term
assets in the consolidated balance sheets. Amortization expense for other intangible assets was approximately
$37.3 million in 2009, $37.1 million in 2008 and $22.4 million in 2007. The following table presents our estimate
of amortization expense for each of the five next succeeding fiscal years:
(in thousands)
For the years ending December 31,:
2010 ...................................................... $33,810
2011 ...................................................... 32,101
2012 ...................................................... 30,509
2013 ...................................................... 27,035
2014 ...................................................... 24,298
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