v3.20.4
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

10. Property and Equipment

Property and equipment consists of the following:

 

 

 

Estimated useful

 

 

December 31,

 

(in millions)

 

life-in years

 

 

2020

 

 

2019

 

Property and equipment:

 

 

 

 

 

 

 

 

 

 

 

 

Land

 

N/A

 

 

$

6

 

 

$

6

 

Building

 

 

39

 

 

 

33

 

 

 

33

 

Building improvements

 

 

15

 

 

 

30

 

 

 

30

 

Leasehold improvements

 

1-15

 

 

 

593

 

 

 

565

 

Equipment and computer software

 

 

3

 

 

 

822

 

 

 

672

 

Other transportation equipment

 

 

10

 

 

 

179

 

 

 

136

 

Furniture and fixtures

 

 

7

 

 

 

70

 

 

 

70

 

Construction in progress

 

N/A

 

 

 

46

 

 

 

83

 

Total

 

 

 

 

 

 

1,779

 

 

 

1,595

 

Less: accumulated depreciation and amortization

 

 

 

 

 

 

1,098

 

 

 

880

 

Property and equipment, net

 

 

 

 

 

$

681

 

 

$

715

 

 

N/A – Not Applicable

Qualifying software costs of approximately $95 million, $93 million and $77 million have been capitalized within equipment and computer software during 2020, 2019 and 2018, respectively, and are being amortized over an estimated useful life of three years.

Depreciation and amortization expense was $232 million, $182 million and $154 million for 2020, 2019 and 2018, respectively.