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Equipment, Office Facilities, and Property
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Equipment, Office Facilities, and Property Equipment, Office Facilities, and Property
Equipment, office facilities, and property are detailed below:
December 31,20252024
Software$3,890 $3,718 
Buildings1,976 1,801 
Information technology and telecommunications equipment1,127 1,086 
Leasehold improvements371 411 
Land244 235 
Construction in progress90 205 
Other360 341 
Total equipment, office facilities, and property8,058 7,797 
Accumulated depreciation and amortization(4,967)(4,459)
Total equipment, office facilities, and property — net$3,091 $3,338 
As a result of its Ameritrade integration and restructuring efforts, the Company recognized impairment losses of fixed assets of $47 million during the year ended December 31, 2023. These losses are included in other expense on the consolidated statements of income. For the purpose of measuring impairment loss, the fair value of the asset group was determined using a discounted cash flow analysis. The fair value of the asset group was not material at December 31, 2023.