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Other Balance Sheet Items | 12 Months Ended
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Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract] |
Details of Certain Balance Sheet Accounts Disclosure Block | Note 3. Selected Balance Sheet Items Other Current Assets Other current assets consist of the following:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Prepaid expenses | $ | 24.5 |  |  | $ | 24.8 |
Prepaid registry fees | 24.3 |  |  | 24.2 |
Accounts receivable, net | 6.2 |  |  | 5.3 |
Taxes receivable | 1.9 |  |  | 7.7 |
Other | 1.4 |  |  | 0.9 |
Total other current assets | $ | 58.3 |  |  | $ | 62.9 |
Property and Equipment, Net The following table presents the detail of property and equipment, net:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Computer equipment and software | $ | 402.7 |  |  | $ | 400.6 |
Buildings and building improvements | 257.5 |  |  | 254.5 |
Land | 31.1 |  |  | 31.1 |
Office equipment and furniture | 10.4 |  |  | 10.1 |
Capital work in progress | 3.6 |  |  | 3.1 |
Leasehold improvements | 1.5 |  |  | 1.5 |
Total cost | 706.8 |  |  | 700.9 |
Less: accumulated depreciation | (474.8) |  |  | (449.7) |
Total property and equipment, net | $ | 232.0 |  |  | $ | 251.2 |
Substantially all of the Company’s property and equipment were held in the U.S. for both periods presented. Goodwill The following table presents the detail of goodwill:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Goodwill, gross | $ | 1,537.8 |  |  | $ | 1,537.8 |
Accumulated goodwill impairment | (1,485.3) |  |  | (1,485.3) |
Total goodwill | $ | 52.5 |  |  | $ | 52.5 |
There was no impairment of goodwill or other long-lived assets recognized in any of the periods presented. Deposits to Acquire Intangible Assets The Company’s Deposit to acquire intangible assets represents the $145.0 million paid for the future assignment to the Company of contractual rights to the .web gTLD, pending resolution of objections by other applicants, and approval from ICANN. Upon assignment of the contractual rights, the Company will record the total investment as an indefinite-lived intangible asset. Other Long-Term Assets Other long-term assets consist of the following:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Long-term prepaid registry fees | $ | 9.1 |  |  | $ | 8.7 |
Operating lease right-of-use asset | 7.2 |  |  | 8.4 |
Long-term prepaid expenses | 6.6 |  |  | 11.0 |
Restricted cash | 5.4 |  |  | 5.3 |
Other | 2.3 |  |  | 2.3 |
Total other long-term assets | $ | 30.6 |  |  | $ | 35.7 |
The prepaid registry fees in the tables above relate to the fees the Company pays to ICANN for each annual term of .com domain name registrations and renewals which are deferred and amortized over the domain name registration term. The amount of prepaid registry fees as of December 31, 2022 reflects amortization of $39.5 million during 2022 which was recorded in Cost of Revenues. Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consist of the following:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Accounts payable and accrued expenses | $ | 9.8 |  |  | $ | 9.0 |
Customer deposits | 72.0 |  |  | 77.3 |
Accrued employee compensation | 59.0 |  |  | 58.5 |
Taxes payable | 37.4 |  |  | 26.8 |
Interest payable | 19.5 |  |  | 19.5 |
Accrued registry fees | 12.7 |  |  | 12.9 |
Customer incentives payable | 7.1 |  |  | 13.3 |
Other accrued liabilities | 9.0 |  |  | 9.3 |
Total accounts payable and accrued liabilities | $ | 226.5 |  |  | $ | 226.6 |
Long-term Tax and Other Liabilities Long-term tax and other liabilities consist of the following:
| As of December 31,
| 2022 |  | 2021
| (In millions)
Long-term tax liabilities | $ | 60.5 |  |  | $ | 76.1 |
Long-term operating lease liabilities | 1.6 |  |  | 2.5 |
Long-term tax and other liabilities | $ | 62.1 |  |  | $ | 78.6 |
Long-term tax liabilities include accruals for unrecognized tax benefits and the long-term portion of the U.S. income taxes payable on the Company’s accumulated foreign earnings (“Transition Tax”) resulting from the 2017 Tax Cuts and Jobs Act.

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