Property and equipment are stated at cost, and when placed into service, are depreciated using the straight-line method over the estimated useful lives of the assets as follows:


Item						Estimated Life in Years
Gaming equipment						1 - 5
Machinery and equipment						3 - 15
Transportation equipment						3 - 8
Furniture and fixtures						5 - 10
Buildings and improvements						15 - 40

Costs incurred for equipment associated with specific Gaming contracts not yet placed into service are classified as construction in progress and are not depreciated until placed into service. Leasehold improvements are amortized over the lesser of the term of the corresponding lease or their useful life.

We periodically review the estimated useful lives of our fixed assets and assess the recoverability of long-lived assets (or asset groups) whenever events or changes in circumstances indicate that the carrying value of such an asset (or asset groups) may not be recoverable.


	As of December 31,
	2022		2021
Land	$	6	$	6
Buildings and leasehold improvements	56		55
Gaming machinery and equipment	685		712
Furniture and fixtures	25		22
Construction in progress	9		9
Other property and equipment	88		84
Less: accumulated depreciation	(665)		(675)
Total property and equipment, net	$	204	$	213

Depreciation expense is excluded from Cost of services, Cost of product sales and Other operating expenses and is separately presented within D&A.


	Year Ended December 31,
	2022		2021		2020
Depreciation expense	$	111	$	120	$	145