Property, Equipment and Technology, Net

12 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property, Equipment and Technology, Net

Note 7—Property, Equipment and Technology, Net

Property, equipment and technology, net, consisted of the following:

	September 30,
	2024		2023
	(in millions)
Land	$	72	$	71
Buildings and building improvements	1,042		1,022
Furniture, equipment and leasehold improvements	2,301		2,146
Construction-in-progress	222		344
Technology	5,660		5,197
Total property, equipment and technology	9,297		8,780
Accumulated depreciation and amortization	(5,473)		(5,355)
Property, equipment and technology, net	$	3,824	$	3,425

As of September 30, 2024 and 2023, accumulated amortization for technology was $3.5 billion and $3.4 billion, respectively.

For fiscal 2024, 2023 and 2022, depreciation and amortization expense related to property, equipment and technology was $955 million, $867 million and $771 million, respectively.

As of September 30, 2024, estimated future amortization expense on technology was as follows:

	For the Years Ending September 30,
	2025		2026		2027		2028		2029		Thereafter		Total
	(in millions)
Estimated future amortization expense	$	701	$	532	$	385	$	265	$	127	$	142	$	2,152