v3.24.0.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in millions):
December 31,
20232022
Leasehold improvements$186.7 $192.3 
Office furniture and equipment36.9 37.1 
Computer software and internally-developed software42.7 37.9 
Computer equipment26.7 32.3 
292.9 299.6 
Less: accumulated depreciation(141.3)(107.1)
Property and equipment, net$151.7 $192.5 
The Company recorded depreciation expense related to property and equipment of $57.1 million, $48.2 million and $38.5 million for the years ended December 31, 2023, 2022 and 2021, respectively which includes $12.3 million, $9.4 million and $6.0 million, respectively, related to capitalized internally–developed software.
The Company capitalized internally-developed software costs of $5.7 million and $17.0 million during the years ended December 31, 2023 and 2022, respectively.