v3.25.4
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net, consisted of the following (in millions):

December 31,
20242025
Computer software and capitalized internal-use software
$122 $147 
Leasehold improvements
110 114 
Other(1)
56 49 
Total property and equipment, gross288 310 
Less: Accumulated depreciation and amortization(141)(203)
Total property and equipment, net$147 $107 

(1)Other includes building and land, computer equipment, construction in process, and office furniture and equipment.

Depreciation expense related to property and equipment in 2023, 2024, and 2025 was $18 million, $16 million, and $17 million, respectively. In 2023, 2024, and 2025, amortization of capitalized internal-use software costs was $13 million, $34 million, and $61 million, respectively.
The net carrying value of capitalized internal-use software as of December 31, 2024 and 2025 was $69 million and $33 million, respectively.