v3.25.4
Property and Equipment
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in millions):
As of December 31,Depreciation
Period
(Years)
20252024
Software and internally developed software$2,381 $2,061 
3 to 7
Computer and network equipment1,167 1,073 
3 to 5
Land196 180 N/A
Buildings and building improvements519 436 
15 to 30
Right-of-use lease assets
578 295 
1 to 30
Leasehold improvements486 455 
4 to 15
Equipment, aircraft and office furniture212 192 
4 to 12
Total property and equipment5,539 4,692 
Less accumulated depreciation and amortization(2,848)(2,539)
Property and equipment, net$2,691 $2,153 
In 2025, 2024 and 2023, amortization of software and internally developed software was $368 million, $324 million and $284 million, respectively, and depreciation of all other property and equipment was $198 million, $201 million and $182 million, respectively. As of December 31, 2025 and 2024, unamortized software and internally developed software was $702 million and $598 million, respectively.