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Goodwill And Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill And Intangible Assets [Abstract]  
Composition Of Goodwill And Intangible Assets

September 30,

December 31,

2022

2021

(In millions)

Goodwill

$                             147

$                             148

Intangible assets with indefinite lives

- Trademarks

7

8

- Digital assets (1)

10

21

Amortizable intangible assets

- Licenses and others

12

13

- Non-compete agreement

4

4

- Customer list

11

13

- Trademarks

5

7

- Hubs Network

4

3

- Others

3

3

Total intangible assets

$                               56

$                               72

Accumulated amortization

(27)

(27)

Total intangible assets, net

$                               29

$                               45

(1)Digital assets are net of $20 million and $9 million of impairment losses as of September 30, 2022 and December 31, 2021.

Changes In Carrying Amount Of Goodwill

Nine Months Ended September 30, 2022

Brazil

Argentina

Mexico

Chile

Colombia

Other Countries

Total

(In millions)

Balance, beginning of the period

$                                56 

$                                10 

$                                37 

$                                37 

$                                  6 

$                                  2 

$                              148 

Effect of exchange rates changes

1

2

(4)

(1)

Balance, end of the period

$                                57 

$                                10 

$                                39 

$                                33 

$                                  6 

$                                  2 

$                              147 

Year Ended December 31, 2021

Brazil

Argentina

Mexico

Chile

Colombia

Other Countries

Total

(In millions)

Balance, beginning of the year

$                                20 

$                                10 

$                                32 

$                                17 

$                                  4 

$                                  2 

$                                85 

Business Acquisitions

37 

6 

23 

2 

68 

Effect of exchange rates changes

(1)

(1)

(3)

(5)

Balance, end of the year

$                                56 

$                                10 

$                                37 

$                                37 

$                                  6 

$                                  2 

$                              148 

Expected Intangible Asset Amortization Expense

For year ended 12/31/2022

$                                 1

For year ended 12/31/2023

4

For year ended 12/31/2024

2

For year ended 12/31/2025

1

Thereafter

4

$                              12