Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and equipment as of December 31, 2021 and 2020, consist of the following (in millions):


	2021		2020
Land	$	46	$	48
Buildings	397		295
Leasehold improvements	162		157
Computer equipment	1,754		1,622
Furniture, fixtures, and other equipment	161		170
	2,520		2,292
Accumulated depreciation and amortization	(1,571)		(1,405)
Total Property and equipment, net	$	949	$	887

During the years ended December 31, 2021 and 2020, the Company entered into other financing obligations of $35 million and $21 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 $257 million, $252 million and $201 million for the years ended December 31, 2021, 2020 and 2019, respectively.