v3.25.1
Property and Equipment
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consists of the following (in millions): 
March 31, 2025December 31, 2024
Land$2,680 $2,561 
Servers and network assets75,859 68,397 
Buildings48,442 47,076 
Leasehold improvements7,347 7,293 
Equipment and other7,290 7,150 
Finance lease right-of-use assets6,103 5,384 
Construction in progress32,385 26,802 
Property and equipment, gross180,106 164,663 
Less: Accumulated depreciation(46,539)(43,317)
Property and equipment, net$133,567 $121,346 

Construction in progress includes costs mostly related to construction of data centers, network infrastructure and servers. Depreciation expense on property and equipment was $3.84 billion and $3.33 billion for the three months ended March 31, 2025 and 2024, respectively. Within property and equipment, our servers and network assets depreciation expenses were $2.63 billion and $2.35 billion for the three months ended March 31, 2025 and 2024, respectively. We extended the estimated useful lives of most servers and network assets to 5.5 years, effective January 1, 2025. See Note 1 — Summary of Significant Accounting Policies - Use of Estimates.