Property and Equipment, Net

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net was comprised of the following (amounts in millions):

	At December 31,
	2019			2018
Land	$	1		$	1
Buildings	4			4
Leasehold improvements	252			248
Computer equipment	654			700
Office furniture and other equipment	91			99
Total cost of property and equipment	1,002			1,052
Less accumulated depreciation	(749		)	(770		)
Property and equipment, net	$	253		$	282

Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was $124 million, $138 million, and $130 million, respectively.