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Wireless Licenses, Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amount of Wireless Licenses
The carrying amounts of Wireless licenses are as follows:
(dollars in millions)
At December 31,20232022
Wireless licenses$155,667 $149,796 
Changes in Carrying Amount of Goodwill
Changes in the carrying amount of Goodwill are as follows:
(dollars in millions)
ConsumerBusinessOtherTotal
Balance at January 1, 2022 $21,042 $7,515 $46 $28,603 
Acquisitions(1)
100 — — 100 
Reclassifications, adjustments and others(2)
— (13)(19)(32)
Balance at December 31, 2022(3)
21,142 7,502 27 28,671 
Acquisitions35 — — 35 
Verizon Business Group goodwill impairment
— (5,841)— (5,841)
Reclassifications, adjustments and other(4)
— 5 (27)(22)
Balance at December 31, 2023(5)
$21,177 $1,666 $— $22,843 
(1) Changes in goodwill due to acquisitions is related to TracFone. See Note 3 for additional information.
(2) Includes a goodwill impairment charge of $16 million related to an early stage development company presented within Other, recorded in Selling, general and administrative expense in our consolidated statement of income for the year ended December 31, 2022.
(3) Goodwill balances are net of an accumulated impairment charge of $16 million presented within both Other and Total at December 31, 2022.
(4) Includes a goodwill impairment charge of $27 million related to non-strategic businesses presented within Other, recorded in Selling, general and administrative expense in our consolidated statement of income for the year ended December 31, 2023.
(5) Goodwill balances are net of accumulated impairment charges of $5.8 billion, $43 million and $5.9 billion presented within Business, Other and Total, respectively, at December 31, 2023.
Composition of Other Intangible Assets, Net
The following table displays the composition of Other intangible assets, net as well as the respective amortization period:
(dollars in millions)
20232022
At December 31,Gross
Amount		Accumulated
Amortization		Net
Amount
Gross
Amount
Accumulated
Amortization		Net
Amount
Customer lists (5 to 13 years)
$4,335 $(2,193)$2,142 $4,335 $(1,646)$2,689 
Non-network internal-use software (7 years)
25,524 (17,949)7,575 23,421 (16,397)7,024 
Other (4 to 25 years)
2,656 (1,316)1,340 2,806 (1,058)1,748 
Total$32,515 $(21,458)$11,057 $30,562 $(19,101)$11,461 
Amortization Expense for Other Intangible Assets
The amortization expense for Other intangible assets was as follows:
Years(dollars in millions)
2023$2,687 
20222,507 
20212,087 
Estimated Future Amortization Expense for Other Intangible Assets
Estimated annual amortization expense for Other intangible assets is as follows:
Years(dollars in millions)
2024$2,640 
20252,356 
20262,116 
20271,569 
20281,163