Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Note 7 – Goodwill and Intangible Assets

Goodwill

The following table presents the changes in the carrying value of goodwill by segment (in millions):


	Mobility		Delivery		Freight		Total Goodwill
Balance as of January 1, 2023	$	2,421	$	4,405	$	1,437	$	8,263
Loss on disposal	(9)		—		—		(9)

Divestiture	—		(36)		—		(36)
Foreign currency translation and other adjustments	(75)		—		8		(67)
Balance as of December 31, 2023	2,337		4,369		1,445		8,151



Foreign currency translation and other adjustments	(76)		(2)		(7)		(85)
Balance as of December 31, 2024	$	2,261	$	4,367	$	1,438	$	8,066

Intangible Assets

The components of intangible assets, net were as follows (in millions except years):


	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
December 31, 2023
Consumer, Merchant and other relationships	$	1,800	$	(697)	$	1,103	8
Developed technology	890		(621)		269		5
Trade name, trademarks and other	154		(101)		53		4
Intangible assets	$	2,844	$	(1,419)	$	1,425


	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
December 31, 2024
Consumer, Merchant and other relationships	$	1,789	$	(889)	$	900	8
Developed technology	890		(690)		200		4
Trade name, trademarks and other	145		(120)		25		5
Intangible assets	$	2,824	$	(1,699)	$	1,125

Amortization expense for intangible assets subject to amortization was $523 million, $362 million, and $294 million for the years ended December 31, 2022, 2023 and 2024, respectively.

The estimated aggregate future amortization expense for intangible assets subject to amortization as of December 31, 2024 is summarized below (in millions):


	Estimated Future Amortization Expense
Year Ending December 31,
2025	$	246
2026	185
2027	170
2028	127
2029	84
Thereafter	311
Total	$	1,123