Property and Equipment, net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

The following summarizes the Company’s property and equipment, net:


(in thousands)	December 31, 2021		December 31, 2020
Land	$	140,786	$	142,403
Buildings	320,059		181,529
Equipment and furniture	551,304		473,775
Leasehold improvements	340,468		172,864
Vehicles	168,585		165,073
Software	34,582		48,136
Construction in progress	200,735		169,789
Property and equipment, gross	1,756,519		1,353,569
Less: Accumulated depreciation and amortization	(408,988)		(335,622)
Property and equipment, net	$	1,347,531	$	1,017,947

For the years ended December 31, 2021, 2020 and 2019, depreciation and amortization expense on property and equipment was $200 million, $128 million, and $71 million, respectively.

Property and equipment under construction, which primarily consists of fulfillment centers, is recorded as construction in progress until it is ready for its intended use; thereafter, it is transferred to the related class of property and equipment and depreciated over its estimated useful life.