Fixed Assets

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Fixed Assets

NOTE 6 Fixed Assets

Fixed assets at December 31 consisted of the following:

(in millions)	2024			2023
Furniture, fixtures, equipment and software	$	382		$	345
Leasehold improvements		73			62
Land, buildings and improvements		136			117
Total cost		591			524
Less accumulated depreciation and amortization		(272	)		(254	)
Total	$	319		$	270

Depreciation expense for fixed assets amounted to $44 million in 2024, $40 million in 2023 and $39 million in 2022.