Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and equipment as of December 31, 2020 and 2019, consist of the following (in millions):


	2020		2019
Land	$	48	$	34
Buildings	295		275
Leasehold improvements	157		163
Computer equipment	1,622		1,382
Furniture, fixtures, and other equipment	170		323
	2,292		2,177
Accumulated depreciation and amortization	(1,405)		(1,277)
Total Property and equipment, net	$	887	$	900

During the years ended December 31, 2020 and 2019, the Company entered into other financing obligations of $21 million and $215 million, respectively, for certain hardware and software. The assets are included in property and equipment and software and the other financing obligations are classified as Long-term debt on our consolidated balance sheets. Periodic payments are included in repayment of borrowings on the consolidated statements of cash flows.

Depreciation and amortization expense on property and equipment totaled $252 million, $201 million and $184 million for the years ended December 31, 2020, 2019 and 2018, respectively.