Traditionally the United States has had seven years of straight-line depreciation on railroad equipment. In Canada, six or seven years ago, it was 23 years. We fought like hell to get it down to 15 years. The United States, in this recession, went to 100% write-off in the year the equipment was purchased, for two or three years in a row, and they've just reduced that to 50%, and then seven-year makers on the balance of 50%. We're nowhere near that.
On June 12th, 2012. See this statement in context.