Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and equipment as of December 31, 2023 and 2022, consist of the following (in millions):


	2023		2022
Land	$	33	$	33
Buildings	435		422
Leasehold improvements	105		113
Computer equipment	1,387		1,298
Furniture, fixtures, and other equipment	114		107
	2,074		1,973
Accumulated depreciation and amortization	(1,379)		(1,264)
Total Property and equipment, net	$	695	$	709

During the years ended December 31, 2023 and 2022, the Company entered into other financing obligations of $53 million and $63 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 $165 million, $186 million and $178 million for the years ended December 31, 2023, 2022 and 2021, respectively.