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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
 
A substantial portion of the Company's intangible assets and goodwill relates to the acquisitions of KAYAK, OpenTable, and Getaroom.

Goodwill

The changes in the balance of goodwill for the years ended December 31, 2024 and 2023 consist of the following: 
 Year Ended December 31,
(in millions)20242023
Balance, beginning of year $2,826 $2,807 
Foreign currency translation adjustments(27)19 
Balance, end of year (1)
$2,799 $2,826 
(1)    The balance of goodwill as of December 31, 2024 and 2023 is stated net of cumulative impairment charges of $2 billion.

At September 30, 2024, the Company performed its annual goodwill impairment test and concluded that there was no impairment of goodwill.

Intangible Assets

The Company's intangible assets consist of the following:
 December 31, 2024December 31, 2023 
(in millions)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Amortization Period
Trade names$1,802 $(1,000)$802 $1,812 $(911)$901 
3 - 20 years
Supply and distribution agreements1,377 (830)547 1,402 (759)643 
3 - 20 years
Other intangible assets326 (293)33 330 (261)69 
Up to 20 years
Total intangible assets$3,505 $(2,123)$1,382 $3,544 $(1,931)$1,613 
 
Amortization expense for intangible assets was $221 million, $222 million, and $224 million for the years ended December 31, 2024, 2023, and 2022, respectively.

The estimated future annual amortization expense for the Company's intangible assets at December 31, 2024 is as follows:
(in millions)
2025$213 
2026179 
2027168 
2028168 
2029159 
Thereafter495