Property and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

7. Property and Equipment

The composition of property and equipment, net, and the corresponding ranges of estimated useful lives were as follows:

Property and Equipment, Net	December 31, 2024		December 31, 2023		Estimated Useful Life
Furniture, fixtures, and equipment	$	64	$	57	3 - 5 years
Capitalized software costs	100		94		3 - 5 years
Software in development and other	21		8
Leasehold improvements	30		30		Lesser of 10 years or remaining lease term
Long-term finance leases - computer equipment	—		5		3 - 5 years
Property and equipment	215		194
Less: Accumulated depreciation	(157)		(141)
Property and equipment, net	$	58	$	53

The Company recorded depreciation expense on property and equipment of $30 and $31 for the years ended December 31, 2024 and 2023, respectively. The Company has entered into various lease agreements for computer equipment, which are classified as finance leases. See Note 8, Leases, for more information.

The Company recorded no impairment charges for property and equipment during the years ended December 31, 2024 and 2023.