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INTANGIBLE ASSETS AND GOODWILL | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS AND GOODWILL | INTANGIBLE ASSETS AND GOODWILL The Company's intangible assets at March 31, 2023 and December 31, 2022 consist of the following (in millions):
| March 31, 2023 |  | December 31, 2022 |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Amortization Period
Supply and distribution agreements | $ | 1,393 |  |  | $ | (686) |  |  | $ | 707 |  |  | $ | 1,386 |  |  | $ | (658) |  |  | $ | 728 |  |  | 3 - 20 years
Technology | 287 |  |  | (194) |  |  | 93 |  |  | 287 |  |  | (185) |  |  | 102 |  |  | 2 - 7 years
Trade names | 1,809 |  |  | (837) |  |  | 972 |  |  | 1,806 |  |  | (812) |  |  | 994 |  |  | 3 - 20 years
Other intangible assets | 44 |  |  | (39) |  |  | 5 |  |  | 43 |  |  | (38) |  |  | 5 |  |  | Up to 20 years
Total intangible assets | $ | 3,533 |  |  | $ | (1,756) |  |  | $ | 1,777 |  |  | $ | 3,522 |  |  | $ | (1,693) |  |  | $ | 1,829 |  |  |
Intangible assets are amortized on a straight-line basis. Amortization expense was $55 million and $56 million for the three months ended March 31, 2023 and 2022, respectively. The balance of goodwill as of March 31, 2023 and December 31, 2022 is stated net of cumulative impairment charges of $2.0 billion.

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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