v3.20.2
PROPERTY AND EQUIPMENT
 12 Months Ended
Jun. 30, 2020
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,

 

2020

 

 

2019

 

 

 

 

Land

 

$

1,823

 

 

$

1,540

 

Buildings and improvements

 

 

33,995

 

 

 

26,288

 

Leasehold improvements

 

 

5,487

 

 

 

5,316

 

Computer equipment and software

 

 

41,261

 

 

 

33,823

 

Furniture and equipment

 

 

4,782

 

 

 

4,840

 

 

 

 

 

 

 

 

 

 

 

 

 

Total, at cost

 

 

87,348

 

 

 

71,807

 

Accumulated depreciation

 

 

(43,197

)

 

 

(35,330

)

 

 

 

 

 

 

 

 

 

 

 

 

Total, net

 

$

  44,151

 

 

$

  36,477

 

 

 

 

 

 

 

 

 

 

 

During fiscal years 2020, 2019, and 2018, depreciation expense was $10.7 billion, $9.7 billion, and $7.7 billion, respectively. We have committed $5.0 billion for the construction of new buildings, building improvements, and leasehold improvements as of June 30, 2020.

During fiscal year 2020, we recorded an impairment charge of $186 million to Property and Equipment, primarily to leasehold improvements, due to the closing of our Microsoft Store physical locations.