Note 6—Property, Equipment and Technology, Net

Property, equipment and technology, net, consisted of the following:



	September 30, 2015			September 30, 2014
	(in millions)
Land	$	71		$	71
Buildings and building improvements	803			787
Furniture, equipment and leasehold improvements	1,267			1,197
Construction-in-progress	120			76
Technology	2,022			1,784
Total property, equipment and technology	4,283			3,915
Accumulated depreciation and amortization	(2,395		)	(2,023		)
Property, equipment and technology, net	$	1,888		$	1,892

Technology consists of both purchased and internally developed software. Internally developed software primarily represents software utilized by the VisaNet electronic payments network. At September 30, 2015 and 2014, accumulated amortization for technology was $1.4 billion and $1.1 billion, respectively.

At September 30, 2015, estimated future amortization expense on technology was as follows:



Fiscal:	2016		2017		2018		2019		2020 and thereafter		Total
	(in millions)
Estimated future amortization expense	$	216	$	169	$	110	$	76	$	76	$	647

Depreciation and amortization expense related to property, equipment and technology was $431 million, $369 million and $328 million for fiscal 2015, 2014 and 2013, respectively. Included in those amounts was amortization expense on technology of $251 million, $198 million and $173 million for fiscal 2015, 2014 and 2013, respectively.