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Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following:
December 31,
Useful Lives (Years)20222021
Computer and data processing equipment
3 - 5
$192.1 $161.9 
Building and leasehold improvements
5 - 25
149.5 151.3 
Machinery and equipment
5 - 10
46.2 44.4 
Computer software
3 - 5
34.6 32.9 
Furniture and fixtures
5 - 10
30.5 31.0 
Land-*27.7 27.7 
Revenue generating assets
1 - 5
1.2 0.2 
Construction in progress-*16.9 12.0 
Property and equipment, gross498.7 461.4 
Less: accumulated depreciation(309.9)(265.6)
Property and equipment, net$188.8 $195.8 
*Asset is not depreciated.
During 2022, 2021 and 2020, the Company recorded disposals of $7 million, $20 million and $54 million, respectively, to derecognize Property and equipment that were no longer in use.
Depreciation expense for the years ended December 31, 2022, 2021, and 2020 was $58 million, $42 million and $213 million, respectively.