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Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]  
Components of Property and Equipment, Net

Property and equipment, net consists of the following for the periods presented:

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Capitalized software and website development

 

$

315

 

 

$

259

 

Building (1)

 

 

 

 

 

123

 

Finance lease right-of-use asset (1)

 

 

114

 

 

 

 

Leasehold improvements

 

 

46

 

 

 

41

 

Computer equipment and purchased software

 

 

66

 

 

 

52

 

Furniture, office equipment and other

 

 

20

 

 

 

18

 

 

 

 

561

 

 

 

493

 

Less: accumulated depreciation

 

 

(296

)

 

 

(240

)

Total

 

$

265

 

 

$

253

 

 

(1)

Refer to “Note 2: Significant Accounting Policies” regarding the transition accounting related to our adoption of ASC 842 and the subsequent accounting for our Headquarters Lease.