Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Summary of Components of Fixed Assets, Net

We compute depreciation and amortization using the straight-line method on the estimated useful lives of the assets, which are generally as follows:

Asset Description	Asset Life
Capitalized software	Lesser of the life of an associated license, or 4 to 7 years
Leasehold improvements	Lesser of estimated useful life or lease term, not to exceed 10 years
Furniture, fixtures and equipment	4 to 10 years
Computer equipment	4 to 6 years

The components of Fixed assets, net are as follows (in millions):

	December 31, 2025		December 31, 2024
Capitalized software	$	520	$	427
Leasehold improvements	43		45
Computer equipment	112		172
Furniture, fixtures and equipment	9		9
Construction in progress	45		41
Total Fixed assets, gross	$	729	$	694
Less: Accumulated depreciation	351		298
Fixed assets, net	$	378	$	396