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PROPERTY, EQUIPMENT AND SOFTWARE, NET (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Equipment and Software, Net
Property, equipment and software, net, consists of the following:
(in millions)December 31, 2021December 31, 2020
Software$236 $204 
Office equipment, including data processing equipment31 28 
Leasehold improvements25 24 
Furniture, fixtures, and equipment17 16 
Projects in progress1 
Total310 273 
Less: Accumulated depreciation(231)(194)
Property and equipment, net$79 $79 
The following table summarizes our depreciation expense and capitalized internally developed software costs and related depreciation expense.
 Year Ended December 31,
(in millions)202120202019
Depreciation expense$42 $42 $41 
Capitalized internally developed software costs33 36 31 
Depreciation expense for capitalized internally developed software costs33 31 29