v3.25.4
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consists of the following (in millions):
 December 31,
 20252024
Computer equipment$3,332 $2,697 
Computer software126 106 
Leasehold and other improvements433 320 
Furniture and fixtures117 85 
Construction in progress117 63 
Property and equipment, gross4,125 3,271 
Less: Accumulated depreciation(1,836)(1,508)
Property and equipment, net$2,289 $1,763 
Construction in progress consists of costs primarily related to leasehold and other improvements. Depreciation expense was $508 million, $371 million and $372 million for the years ended December 31, 2025, 2024 and 2023, respectively.