v3.25.4
Property, Equipment and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Equipment and Intangible Assets The table below presents balances related to property, equipment and intangible assets for the periods indicated.

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

 

 

 

 

 

 

 

 

 

Leasehold improvements

 

$

 

23

 

 

$

 

28

 

Computer equipment

 

 

 

84

 

 

 

 

67

 

Office furniture and equipment

 

 

 

16

 

 

 

 

15

 

 

 

 

123

 

 

 

 

110

 

Less - accumulated depreciation and amortization

 

 

 

(63

)

 

 

 

(51

)

Property and equipment, net

 

 

 

60

 

 

 

 

59

 

 

 

 

 

 

 

 

 

Internally developed software

 

 

 

94

 

 

 

 

88

 

Other intangible assets

 

 

 

4

 

 

 

 

4

 

Less - accumulated amortization

 

 

 

(46

)

 

 

 

(44

)

Intangible assets, net

 

 

 

52

 

 

 

 

48

 

Total property, equipment, and intangible assets, net

 

$

 

112

 

 

$

 

107