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Other Balance Sheet Items
12 Months Ended
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,
20222021
 (In millions)
Prepaid expenses$24.5 $24.8 
Prepaid registry fees24.3 24.2 
Accounts receivable, net6.2 5.3 
Taxes receivable1.9 7.7 
Other1.4 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,
20222021
 (In millions)
Computer equipment and software$402.7 $400.6 
Buildings and building improvements257.5 254.5 
Land31.1 31.1 
Office equipment and furniture10.4 10.1 
Capital work in progress3.6 3.1 
Leasehold improvements1.5 1.5 
Total cost706.8 700.9 
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,
20222021
 (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,
20222021
(In millions)
Long-term prepaid registry fees$9.1 $8.7 
Operating lease right-of-use asset7.2 8.4 
Long-term prepaid expenses6.6 11.0 
Restricted cash5.4 5.3 
Other2.3 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,
20222021
 (In millions)
Accounts payable and accrued expenses$9.8 $9.0 
Customer deposits72.0 77.3 
Accrued employee compensation59.0 58.5 
Taxes payable37.4 26.8 
Interest payable19.5 19.5 
Accrued registry fees12.7 12.9 
Customer incentives payable7.1 13.3 
Other accrued liabilities9.0 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,
20222021
(In millions)
Long-term tax liabilities$60.5 $76.1 
Long-term operating lease liabilities1.6 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.