v3.26.1
Property and Equipment
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net consists of the following (in millions):
 June 30, 2026December 31, 2025
Computer equipment$3,399 $3,332 
Computer software130 126 
Leasehold and other improvements482 433 
Furniture and fixtures126 117 
Construction in progress128 117 
Property and equipment, gross4,265 4,125 
Less: Accumulated depreciation(2,088)(1,836)
Property and equipment, net$2,177 $2,289 
Construction in progress consists of costs primarily related to leasehold and other improvements. Depreciation expense for the three months ended June 30, 2026 and 2025 was $155 million and $120 million, respectively, and for the six months ended June 30, 2026 and 2025 was $303 million and $232 million, respectively.