PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

Property and equipment was comprised of the following at December 31, 2022 and 2021.

	2022		2021
	(in millions)
Land	$	17	$	17
Buildings and leasehold improvements	1,143		1,126
Equipment	1,246		1,148
Computer software	3,951		3,656
	6,357		5,947
Accumulated depreciation	(3,136)		(2,874)
Property and equipment, net	$	3,221	$	3,073

Depreciation expense was $749 million in 2022, $640 million in 2021, and $528 million in 2020, including amortization expense for capitalized internally developed and purchased software of $525 million in 2022, $443 million in 2021, and $351 million in 2020.