v3.26.3
Property and Equipment, Net
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net
NOTE 3 — PROPERTY AND EQUIPMENT, NET

The following table summarizes property and equipment, net as of September 30, 2026 and December 31, 2025:

September 30,
2026		December 31,
2025
(in millions)
Land and site improvements$1,375 $1,365 
Buildings and improvements1,518 1,467 
Transportation fleet732 636 
Software384 356 
Furniture, fixtures, and equipment187 178 
Total property and equipment excluding construction in progress4,196 4,002 
Less: accumulated depreciation and amortization on property and equipment(1,432)(1,250)
Property and equipment excluding construction in progress, net2,764 2,752 
Construction in progress150 62 
Property and equipment, net$2,914 $2,814 

Depreciation and amortization expense on property and equipment in cost of sales was $25 million and $27 million during the three months ended September 30, 2026 and 2025, respectively. Depreciation and amortization expense on property and equipment in selling, general and administrative expense was $37 million and $35 million during the three months ended September 30, 2026 and 2025, respectively.

Depreciation and amortization expense on property and equipment in cost of sales was $80 million and $85 million during the nine months ended September 30, 2026 and 2025, respectively. Depreciation and amortization expense on property and equipment in selling, general and administrative expense was $117 million and $109 million during the nine months ended September 30, 2026 and 2025, respectively.