Properties and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Properties and Equipment, Net

Properties and equipment, net is summarized in the following table:

At December 31,	2024		2023
	(in millions)
Land	$	2	$	2
Buildings and improvements(1)	61		272
Furniture and equipment(1)	28		60
Total	91		334
Accumulated depreciation and amortization(1)	(18)		(263)
Properties and equipment, net	$	73	$	71

(1)The decreases since December 31, 2023 are due primarily to the retirement of assets associated with the exit of our previous U.S. headquarters.