Home >Financials > 2009 Annual Report - The Challenge to Deliver > NOTES TO THE FINANCIALSTATEMENTS > NOTE 3—SUMMARY OF SIGNIFICANT ACCOUNTINGPOLICIES > Amortization of Leasehold Improvements
We amortize leasehold improvements over the period of the lease or the useful life of the improvement, whichever is shorter.
Leasehold improvements that are placed in service after the start of the lease term are amortized over the shorter of the useful life of the asset or the remaining lease term, including renewal options that are reasonably assured.