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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Components of Property and Equipment, Net

Property and equipment, net consists of the following as of the dates presented:

 

 

 

December 31, 2023

 

 

December 31, 2022

 

 

 

(in millions)

 

Capitalized website development

 

$

510

 

 

$

445

 

Finance lease right-of-use asset (Note 5)

 

 

114

 

 

 

114

 

Leasehold improvements

 

 

37

 

 

 

46

 

Computer equipment and purchased software

 

 

64

 

 

 

82

 

Furniture, office equipment and other

 

 

17

 

 

 

19

 

 

 

 

742

 

 

 

706

 

Less: accumulated depreciation

 

 

(551

)

 

 

(512

)

Total

 

$

191

 

 

$

194