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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Note 5 – Property and Equipment, Net
The components of property and equipment, net were as follows (in millions):
As of December 31,
20232024
Land$65 $65 
Building and site improvements739 739 
Leasehold improvements658 670 
Computer equipment542 436 
Leased computer equipment683 641 
Motor vehicles and other equipment2 51 
Internal-use software488 650 
Furniture and fixtures94 80 
Construction in progress203 218 
Total3,474 3,550 
Less: Accumulated depreciation and amortization(1,401)(1,598)
Property and equipment, net$2,073 $1,952 
Amounts in construction in progress represent buildings, leasehold improvements, assets under construction, and other assets not placed in service.
Depreciation expense relating to property and equipment was $346 million, $355 million, and $332 million for the years ended December 31, 2022, 2023 and 2024, respectively.