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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and equipment, net, consists of the following:
(in millions)December 31, 2024December 31, 2023
Office equipment, including data processing equipment$22 $37 
Leasehold improvements18 19 
Furniture, fixtures, and equipment10 14 
Projects in progress— 2 
Total50 72 
Less: Accumulated depreciation(37)(55)
Less: Impairments (1)
$(3)— 
Property and equipment, net$10 $17 
(1)    Amount includes impairment of leasehold improvements in leased office space that we have exited. Refer to Note 7 in Part II, Item 8. Financial Statements and Supplementary Data, of this Form 10-K.
Depreciation of property and equipment was $7 million, $9 million, and $10 million for years ended December 31, 2024, 2023, and 2022, respectively.