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Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:

As of December 31,
20232022
Datacenter and other computer equipment$783.2 $671.3 
Furniture and fixtures11.6 19.8 
Leasehold improvements96.1 118.0 
Construction in progress4.6 2.8 
Total property and equipment895.5 811.9 
Accumulated depreciation and amortization(586.3)(503.5)
Property and equipment, net$309.2 $308.4 

The Company leases certain infrastructure, computer equipment, and furniture from various third parties, through equipment finance leases. Infrastructure assets as of December 31, 2023 and 2022 included a total of $457.4 million and $456.4 million, respectively, acquired under finance lease agreements. These leases are capitalized in property and equipment, and the related amortization of assets under finance leases is included in depreciation and amortization expense. The accumulated depreciation of the equipment under finance leases totaled $234.7 million and $240.9 million as of December 31, 2023 and 2022, respectively.

Depreciation expense related to property and equipment was $139.7 million and $140.9 million for the years ended December 31, 2023 and 2022, respectively.