XML 55 R17.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment were as follows:

December 31,
20232022
(in millions)
Land$8 $9 
Buildings and leasehold improvements
364 355 
Furniture and equipment407 299 
Construction-in-progress37 24 
Finance lease ROU assets86 82 
902 769 
Accumulated depreciation and amortization(1)
(520)(489)
$382 $280 
____________
(1)During the years ended December 31, 2023, 2022 and 2021, depreciation and amortization expenses on property and equipment was $43 million, $46 million and $53 million, respectively.

Property and equipment, net attributed to U.S. operations was $183 million and $111 million as of December 31, 2023 and 2022, respectively, and to operations outside the U.S. was $199 million and $169 million, respectively, most significantly in the United Kingdom ("U.K.") and Japan.

During the year ended December 31, 2023, we recognized $1 million of impairment losses in our consolidated statement of operations related to property and equipment, net; see Note 11: "Fair Value Measurements" for additional information.