XML 63 R20.htm IDEA: XBRL DOCUMENT v3.25.0.1
Other Intangible Assets
 12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Other Intangible Assets Other Intangible Assets
The following table sets forth net intangible assets, other than goodwill, at December 31:
20242023
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in millions)
Finite-lived intangible assets
Capitalized software 1
$4,797 $(1,640)$3,157 $3,917 $(1,530)$2,387 
Customer relationships2,804 (720)2,084 2,165 (641)1,524 
Other99 (40)59 51 (38)13 
Total7,700 (2,400)5,300 6,133 (2,209)3,924 
Indefinite-lived intangible assets
Customer relationships153 — 153 162 — 162 
Total$7,853 $(2,400)$5,453 $6,295 $(2,209)$4,086 
1Includes technology acquired in business combinations.
The increase in the gross carrying amount of finite-lived intangible assets in 2024 was primarily related to the acquisition of Recorded Future in 2024 as well as software additions to support the continued growth of the Company. Certain intangible assets are denominated in foreign currencies. As such, the change in intangible assets includes a component attributable to foreign currency translation. Based on the qualitative assessment performed in 2024, it was determined that the Company’s indefinite-lived intangible assets were not impaired.
Amortization on the finite-lived intangible assets above amounted to $523 million, $457 million and $414 million in 2024, 2023 and 2022, respectively. The following table sets forth the estimated future amortization expense on finite-lived intangible assets on the consolidated balance sheets at December 31, 2024:
(in millions)
2025$698 
2026706 
2027641 
2028580 
2029542 
Thereafter2,133 
Total$5,300