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Goodwill and Other Intangibles | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Goodwill and Other Intangibles Goodwill Changes in the net carrying value of goodwill by segment were as follows (in millions):
| AIT |  | EVM |  | Total
Goodwill as of December 31, 2019 | $ | 227 |  |  | $ | 2,395 |  |  | $ | 2,622 |
Reflexis acquisition | — |  |  | 364 |  |  | 364 |
Temptime purchase price allocation adjustments | 1 |  |  | — |  |  | 1 |
Foreign exchange impact | — |  |  | 1 |  |  | 1 |
Goodwill as of December 31, 2020 | $ | 228 |  |  | $ | 2,760 |  |  | $ | 2,988 |
Retail Solutions move to EVM segment, effective January 1, 2021 | (59) |  |  | 59 |  |  | — |
Antuit acquisition | — |  |  | 105 |  |  | 105 |
Fetch acquisition | — |  |  | 174 |  |  | 174 |
Adaptive Vision acquisition | — |  |  | 7 |  |  | 7 |
Reflexis purchase price allocation adjustments | — |  |  | (7) |  |  | (7) |
Reflexis purchase price reduction | — |  |  | (1) |  |  | (1) |
Foreign exchange impact | — |  |  | (1) |  |  | (1) |
Goodwill as of December 31, 2021 | $ | 169 |  |  | $ | 3,096 |  |  | $ | 3,265 |
See Note 5, Business Acquisitions for further details related to the Company’s acquisitions and purchase price allocation adjustments. The Company’s goodwill balance consists of four reporting units. The Company completed its annual goodwill impairment testing during the fourth quarter of 2021 utilizing a quantitative approach. The estimated fair value of each reporting unit continues to significantly exceed its carrying value. However, there is risk of future impairment to the extent that an individual reporting unit’s performance does not meet projections. Additionally, if our current assumptions and estimates, including projected revenues and income growth rates, terminal growth rates, competitive and consumer trends, market-based discount rates, and other market factors are not met, or if other valuation factors outside of our control change unfavorably, the estimated fair value of our reporting units could be adversely affected, leading to a potential impairment in the future. No events occurred during the fiscal years ended 2021, 2020, or 2019 that indicated it was more likely than not that our goodwill was impaired. Other Intangibles, net The balances in Other Intangibles, net consisted of the following (in millions):
| As of December 31, 2021 |  | As of December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |
Technology and patents | $ | 889 |  |  | $ | (566) |  |  | $ | 323 |  |  | $ | 739 |  |  | $ | (527) |  |  | $ | 212 |
Customer and other relationships | 631 |  |  | (503) |  |  | 128 |  |  | 620 |  |  | (431) |  |  | 189 |
Trade names | 64 |  |  | (46) |  |  | 18 |  |  | 44 |  |  | (43) |  |  | 1 |
Total | $ | 1,584 |  |  | $ | (1,115) |  |  | $ | 469 |  |  | $ | 1,403 |  |  | $ | (1,001) |  |  | $ | 402 |
Amortization expense was $115 million, $78 million, and $103 million for fiscal years ended 2021, 2020 and 2019, respectively. Estimated future intangible asset amortization expense is as follows (in millions):
Year Ended December 31, |
2022 | $ | 118 |
2023 | 71 |
2024 | 67 |
2025 | 66 |
2026 | 63 |
Thereafter | 84 |
Total | $ | 469 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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