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INTANGIBLE ASSETS AND GOODWILL
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
The carrying value of the Company's intangible assets, which consists primarily of trade names and supply and distribution agreements, was $1.3 billion and $1.4 billion at June 30, 2025 and December 31, 2024, respectively, and is stated net of accumulated amortization of $2.3 billion and $2.1 billion, respectively. Amortization expense of intangible assets was $54 million and $108 million for the three and six months ended June 30, 2025, respectively, and $56 million and $111 million for the three and six months ended June 30, 2024, respectively.

The carrying value of the Company's goodwill at June 30, 2025 and December 31, 2024 was $2.9 billion and $2.8 billion, respectively, and is stated net of cumulative impairment charges of $2.0 billion.