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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
 
As of December 31, 2023 and 2022, property and equipment consisted of the following:

 Range of Depreciable Lives20232022
(Years)(in thousands)
Software
5-10
$1,937,440 $1,523,220 
Equipment
3-20
969,164 776,203 
Buildings
40
191,715 189,586 
Leasehold improvements
5-15
120,964 117,275 
Furniture and fixtures
5-10
104,474 88,548 
Land11,821 9,834 
3,335,578 2,704,666 
Less accumulated depreciation and amortization(1,800,382)(1,367,860)
Work-in-progress654,809 502,003 
$2,190,005 $1,838,809 
As a result of actions taken during the years ended December 31, 2023, 2022 and 2021 to reduce our facility footprint in certain markets around the world, we recognized charges of $1.6 million, $7.5 million and $9.2 million, respectively, 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.