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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
 
As of December 31, 2022 and 2021, property and equipment consisted of the following:

 Range of Depreciable Lives20222021
(Years)(in thousands)
Software
5-10
$1,523,220 $1,309,160 
Equipment
3-20
776,203 778,533 
Buildings
40
189,586 195,088 
Leasehold improvements
5-15
117,275 132,529 
Furniture and fixtures
5-10
88,548 78,364 
Land9,834 12,126 
2,704,666 2,505,800 
Less accumulated depreciation and amortization(1,367,860)(1,196,623)
Work-in-progress502,003 378,409 
$1,838,809 $1,687,586 
 
As of December 31, 2022, approximately $75.4 million of property and equipment assets have been classified as assets held for sale in connection with the presentation of the consumer and gaming businesses as held for sale. See “Note 3—Business Dispositions” for further discussion.
As a result of actions taken during the years ended December 31, 2022 and 2021 to reduce our facility footprint in certain markets around the world, we recognized charges of $7.5 million and $9.2 million in selling, general and administrative expenses in our consolidated statement of income, primarily related to certain leasehold improvements, furniture and fixtures and equipment to reduce the carrying amount of each asset group to the estimated fair value.