Property, Equipment and Technology, Net

12 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Note 7—Property, Equipment and Technology, Net

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


	September 30,
	2022		2021
	(in millions)
Land	$	72	$	72
Buildings and building improvements	1,003		1,008
Furniture, equipment and leasehold improvements	2,230		2,048
Construction-in-progress	285		226
Technology	5,291		4,320
Total property, equipment and technology	8,881		7,674
Accumulated depreciation and amortization	(5,658)		(4,959)
Property, equipment and technology, net	$	3,223	$	2,715

At September 30, 2022 and 2021, accumulated amortization for technology was $3.7 billion and $3.2 billion, respectively.

At September 30, 2022, estimated future amortization expense on technology was as follows:


	For the Years Ending September 30,
	2023		2024		2025		2026		2027		Thereafter		Total
	(in millions)
Estimated future amortization expense	$	538	$	437	$	339	$	188	$	66	$	15	$	1,583

For fiscal 2022, 2021 and 2020, depreciation and amortization expense related to property, equipment and technology was $771 million, $721 million and $687 million, respectively.