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
Computer equipment$2,797 $2,697 
Computer software111 106 
Leasehold and other improvements326 320 
Furniture and fixtures87 85 
Construction in progress134 63 
Property and equipment, gross3,455 3,271 
Less: Accumulated depreciation(1,570)(1,508)
Property and equipment, net$1,885 $1,763 

Construction in progress consists of costs primarily related to leasehold and other improvements. Depreciation expense for the three months ended March 31, 2025 and 2024 was $112 million and $80 million, respectively.