PARTIV Note7—OtherFinancialStatementDetails PayPalHoldings,Inc. NotestoConsolidatedFinancialStatements—(Continued) PropertyandEquipment,Net AsofDecember31, 2022 2021 (In millions) Propertyandequipment,net: Computerequipmentandsoftware $ 3,380 $ 3,298 Internal use software and websitedevelopmentcosts 3,814 3,301 ANNU Landandbuildings 388 380 AL Leaseholdimprovements 364 379 REPOR Furniture and fixtures 141 146 Developmentinprogressandother 25 86 T TOTALPROPERTYANDEQUIPMENT,GROSS 8,112 7,590 Accumulateddepreciationandamortization (6,382) (5,681) TOTALPROPERTYANDEQUIPMENT,NET $ 1,730 $ 1,909 Depreciation and amortization expense was $846 million, $822 million, and $738 million for the years ended December 31, 2022,2021,and2020,respectively. Net changes in accounts payable on our consolidated statements of cash flows includes non-cash investing activities associated with property and equipment; the impact of which was a decrease of $36 million and $27 million in 2022 and 2021, respectively,and an increaseof $17 million in 2020. GeographicalInformation The following table summarizes long-lived assets based on geography, which consist of property and equipment, net and operatingleaseROUassets: AsofDecember31, 2022 2021 (In millions) Long-livedassets: U.S. $ 1,910 $ 2,050 Othercountries 394 518 TOTALLONG-LIVEDASSETS $ 2,304 $ 2,568 Long-lived assets attributed to the U.S. and other countries are based upon the country in which the asset is located or owned. •2022AnnualReport 81