v3.21.2
Property, Equipment and Technology, Net
 12 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property, Equipment and Technology, Net
Note 7—Property, Equipment and Technology, Net
Property, equipment and technology, net, consisted of the following:
September 30,
20212020
 (in millions)
Land$72 $71 
Buildings and building improvements1,008 1,007 
Furniture, equipment and leasehold improvements2,048 1,997 
Construction-in-progress226 163 
Technology4,320 3,923 
Total property, equipment and technology7,674 7,161 
Accumulated depreciation and amortization(4,959)(4,424)
Property, equipment and technology, net$2,715 $2,737 
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, 2021 and 2020, accumulated amortization for technology was $3.2 billion and $2.7 billion, respectively.
At September 30, 2021, estimated future amortization expense on technology is as follows:
For the Years Ending September 30,
20222023202420252026ThereafterTotal
 (in millions)
Estimated future amortization expense$408 $307 $217 $134 $56 $18 $1,140 
For fiscal 2021, 2020 and 2019, depreciation and amortization expense related to property, equipment and technology was $721 million, $687 million and $596 million, respectively.