Property and Equipment, Net |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Property, Plant, and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment, Net | Property and Equipment, Net The following table presents the detail of property and equipment, net as of the dates presented (in millions):
We recorded depreciation expense related to property and equipment (other than website development costs) of $3 million for both the three months ended September 30, 2026 and 2025 and $8 million and $10 million for the nine months ended September 30, 2026 and 2025, respectively. We capitalized website development costs of $39 million and $45 million for the three months ended September 30, 2026 and 2025, respectively, and $129 million and $144 million for the nine months ended September 30, 2026 and 2025, respectively. Amortization expense for website development costs included in cost of revenue was $41 million and $42 million for the three months ended September 30, 2026 and 2025, respectively, and $124 million and $125 million for the nine months ended September 30, 2026 and 2025, respectively.
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