PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2021 and 2020, consisted of the following (in millions):

	2021		2020
Internally developed software	$	71	$	48
Computers	11		5
Security systems	10		1
Furniture and fixtures	3		3
Software implementation costs	3		2
Leasehold improvements	2		2
Office equipment	2		2
Total	102		63
Accumulated depreciation and amortization	(57)		(34)
Property and equipment – net	$	45	$	29

Depreciation and amortization expense of $27 million, $22 million, and $15 million was recorded for the years ended December 31, 2021, 2020 and 2019, respectively.