PROPERTY, SOFTWARE, AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule Of Property, Software and Equipment

Property, software, and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation and amortization is recorded on a straight-line basis over the useful life of the asset, which is as follows:

Property, Software, and Equipment	Useful Life
Computer equipment	3 years
Fixture and furniture	7 years
Tenant improvements	Shorter of estimated useful life or lease term
Internally developed software	3 years

Property, software, and equipment are presented net of accumulated depreciation and amortization and summarized as follows:

	Year Ended December 31,
(in millions)	2021		2022
Internally developed software	$	31	$	106
Leasehold improvements	64		52
Computer equipment	24		32
Furniture and fixtures	22		14
Construction in progress	44		23
Total	185		227
Less: accumulated depreciation and amortization	(39)		(81)
Property, software, and equipment, net	$	146	$	146