Subjective or Disclosure
Policy Description Complex Judgments Reference
Self-Insurance:
Our insurance programs Estimates of claims Management's
for worker's development and claims Discussion and Analysis
compensation, general incurred but not of Financial Condition
liability, vehicle liability reported are developed and Results of
and employee-related actuarially. If actual Operations Ì Selected
health care beneÑts are claims experience or Balance Sheet Accounts.
eÅectively self-insured. development isNote 12, CommitmentsSelf-insurance accruals signiÑcantly diÅerent and Contingencies in theare based on claims than our estimates, our Consolidated Financialreported and actuarial self-insurance expense Statements.estimates of claims would change.
development and claims
incurred but not
reported.
Property and Equipment:
Expenditures for Expenditures for major Whether certain Management's
Improvements, Repairs additions and expenditures improve an Discussion and Analysis
and Maintenance improvements to asset or lengthen its of Financial Condition
facilities are capitalized. useful life is subject to and Results of
All expenditures for our judgment. Operations Ì Property
maintenance and repairs Accordingly, the actual and Equipment.
are expensed when useful lives of our assetsNote 2, Summary ofincurred. could diÅer from our SigniÑcant Accountingestimates. Policies in the
Consolidated Financial
Statements.
Useful Lives Property and equipment Our estimates regarding Management's
are recorded at cost. the useful lives of our Discussion and Analysis
Depreciation and depreciable assets are of Financial Condition
amortization expense are based on our judgment. and Results of
provided over the Accordingly, actual Operations Ì Property
estimated useful lives of useful lives could diÅer and Equipment.
the applicable assets from our estimates.Note 2, Summary ofusing the straight-line SigniÑcant Accountingmethod. The estimated Policies in theuseful lives are seven to Consolidated Financialforty years for buildings Statements.and improvements, Ñve
to twelve years for
vehicles, seven to ten
years for most landÑll
equipment, three to
Ñfteen years for all other
equipment, and Ñve to
twelve years for furniture
and Ñxtures.
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