PROPERTY, SOFTWARE, AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule Of Property, Software and Equipment

Property, software, and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation and amortization is recorded on a straight-line basis over the useful life of the asset, which is as follows:


Property, Software, and Equipment						Useful Life
Computer equipment						3 years
Fixture and furniture						7 years
Leasehold improvements						Shorter of estimated useful life or lease term
Internally developed software						3 years

Property, software, and equipment are presented net of accumulated depreciation and amortization and summarized as follows:


	Year Ended December 31,
(in millions)	2024		2025
Internally developed software	$	171	$	229
Leasehold improvements	42		48
Computer equipment	28		36
Furniture and fixtures	13		15
Construction in progress	39		40
Total	293		368
Less: accumulated depreciation and amortization	(154)		(214)
Property, software, and equipment, net	$	139	$	154