v3.19.2
PROPERTY AND EQUIPMENT
 12 Months Ended
Jun. 30, 2019
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

The components of property and equipment were as follows:

 

(In millions)

 

 

 

 

 

 

 

June 30,

 

2019

 

 

2018

 

 

 

 

Land

 

$

1,540

 

 

$

1,254

 

Buildings and improvements

 

 

26,288

 

 

 

20,604

 

Leasehold improvements

 

 

5,316

 

 

 

4,735

 

Computer equipment and software

 

 

33,823

 

 

 

27,633

 

Furniture and equipment

 

 

4,840

 

 

 

4,457

 

 

 

 

 

 

 

 

 

 

 

 

 

Total, at cost

 

 

71,807

 

 

 

58,683

 

Accumulated depreciation

 

 

(35,330

)

 

 

(29,223

)

 

 

 

 

 

 

 

 

 

 

 

 

Total, net

 

$

  36,477

 

 

$

  29,460

 

 

 

 

 

 

 

 

 

 

 

During fiscal years 2019, 2018, and 2017, depreciation expense was $9.7 billion, $7.7 billion, and $6.1 billion, respectively. We have committed $4.0 billion for the construction of new buildings, building improvements, and leasehold improvements as of June 30, 2019.