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Goodwill and Other Intangibles | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | 6 Goodwill and Other Intangibles The carrying amount of goodwill was $1.3 billion and $430 million at September 30, 2023 and December 31, 2022, respectively. The acquisition of Wyatt increased goodwill by $879 million, while the effect of foreign currency translation decreased goodwill by $1 million. The Company’s intangible assets included in the consolidated balance sheets are detailed as follows (dollars in thousands):
|  | September 30, 2023 |  |  | December 31, 2022 |
|  |  |  |  |  |  |  | Weighted- |  |  |  |  |  |  |  |  | Weighted- |
|  | Gross |  |  |  |  |  | Average |  |  | Gross |  |  |  |  |  | Average |
|  | Carrying |  |  | Accumulated |  |  | Amortization |  |  | Carrying |  |  | Accumulated |  |  | Amortization |
|  | Amount |  |  | Amortization |  |  | Period |  |  | Amount |  |  | Amortization |  |  | Period |
Capitalized software |  | $ | 616,406 |  |  | $ | 460,730 |  |  |  | 5 |  |  |  | years |  |  | $ | 589,604 |  |  | $ | 441,414 |  |  |  | 5 |  |  |  | years |
Purchased intangibles |  |  | 610,513 |  |  |  | 182,214 |  |  |  | 10 |  |  |  | years |  |  |  | 197,805 |  |  |  | 166,735 |  |  |  | 11 |  |  |  | years |
Trademarks |  |  | 9,680 |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  | 9,680 |  |  |  | — |  |  |  | — |  |  |  |  |
Licenses |  |  | 14,142 |  |  |  | 7,753 |  |  |  | 7 |  |  |  | years |  |  |  | 14,070 |  |  |  | 6,729 |  |  |  | 6 |  |  |  | years |
Patents and other intangibles |  |  | 109,371 |  |  |  | 78,206 |  |  |  | 8 |  |  |  | years |  |  |  | 104,139 |  |  |  | 73,021 |  |  |  | 8 |  |  |  | years |
Total |  | $ | 1,360,112 |  |  | $ | 728,903 |  |  |  | 7 |  |  |  | years |  |  | $ | 915,298 |  |  | $ | 687,899 |  |  |  | 7 |  |  |  | years |
The Company capitalized intangible assets in the amounts of $10 million and $14 million in the three months ended September 30, 2023 and October 1, 2022, respectively, and $455 million and $38 million in the nine months ended September 30, 2023 and October 1, 2022, respectively. The increases in intangible assets are a result of the Wyatt acquisition. The gross carrying value of intangible assets and accumulated amortization for intangible assets decreased by $6 million and $10 million, respectively, in the nine months ended September 30, 2023 due to the effects of foreign currency translation. Amortization expense for intangible assets was $26 million and $15 million for the three months ended September 30, 2023 and October 1, 2022. Amortization expense for intangible assets was $56 million and $45 million for the nine months ended September 30, 2023 and October 1, 2022, respectively. Amortization expense for intangible assets is estimated to be $97 million per year for each of the next five years.

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