Asset Classification

Useful Life

Equipment

2

-

20 years

Buildings

​

6

-

50 years

Automobiles

​

2

-

7 years

Furniture and fixtures

2

-

10 years

Computer equipment

2

-

7 years

Tooling

​

​

3 years

Software

2

-

5 years

Leasehold improvements

Shorter of asset’s useful life or remaining life of the lease