Property and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

NOTE 4 — Property and Equipment, Net

Our property and equipment consists of the following:

	December 31,
	2021		2020
	(In millions)
Capitalized software development	$	2,892	$	3,374
Computer equipment	351		617
Furniture and other equipment	106		128
Buildings and leasehold improvements	1,220		1,230
Land	146		146
	4,715		5,495
Less: accumulated depreciation	(2,568)		(3,289)
Projects in progress	33		51
Property and equipment, net	$	2,180	$	2,257

As of December 31, 2021 and 2020, our recorded capitalized software development costs, net of accumulated amortization, which have been placed in service were $895 million and $898 million. For the years ended December 31, 2021, 2020 and 2019, we recorded amortization of capitalized software development costs of $588 million, $593 million and $556 million included in depreciation and amortization expense.

As of December 31, 2021, 2020 and 2019, we had $4 million, $9 million and $34 million, respectively, included in accounts payable for the acquisition of property and equipment, which is considered a non-cash investing activity in the consolidated statements of cash flows.