Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, net consisted of the following:

	As of December 31,
	2021		2020
	(in millions)
Buildings and improvements	$	892.5	$	876.1
Furniture and equipment	407.3		346.7
Leasehold improvements	363.5		234.6
Computers and software	293.7		258.6
Land	33.1		33.1
Total property and equipment, gross	1,990.1		1,749.1
Less: accumulated depreciation	(896.0)		(790.6)
Total property and equipment, net	$	1,094.1	$	958.5

We recorded depreciation expense of $125.6 million, $109.5 million and $106.9 million in 2021, 2020 and 2019, respectively, which includes our finance lease amortization.