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Business Combinations, Goodwill, And Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Acquisition [Line Items] |
Composition of Goodwill and Intangible Assets | The composition of goodwill and intangible assets is as follows:
| December 31,
| 2022 |  | 2021
| (In millions)
Goodwill | $ | 153 |  |  | $ | 148 |
Intangible assets with indefinite lives |  |  |
- Trademarks | 4 |  |  | 7 |
- Digital assets (1) | 9 |  |  | 21 |
Amortizable intangible assets |  |  |
- Licenses and others | 13 |  |  | 13 |
- Non-compete agreements | 4 |  |  | 4 |
- Customer lists | 12 |  |  | 13 |
- Trademarks | 12 |  |  | 8 |
- Hubs network | 4 |  |  | 3 |
- Others | 3 |  |  | 3 |
Total intangible assets | $ | 61 |  |  | $ | 72 |
Accumulated amortization | (36) |  |  | (27) |
Total intangible assets, net | $ | 25 |  |  | $ | 45 |
(1)Digital assets are net of $21 million and $9 million of impairment losses as of December 31, 2022 and December 31, 2021, registered in General and Administrative expenses.
Changes In Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021 are as follows:
| Year ended December 31, 2022
| Brazil |  | Argentina |  | Mexico |  | Chile |  | Colombia |  | Other Countries |  | Total
| (In millions)
Balance, beginning of the year | $ | 56 |  |  | $ | 10 |  |  | $ | 37 |  |  | $ | 37 |  |  | $ | 6 |  |  | $ | 2 |  |  | $ | 148 |
Effect of exchange rates changes | 4 |  |  | — |  |  | 2 |  |  | — |  |  | (1) |  |  | — |  |  | 5 |
Balance, end of the year | $ | 60 |  |  | $ | 10 |  |  | $ | 39 |  |  | $ | 37 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 153 |
| 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 | The following table summarizes the remaining amortization of intangible assets with definite useful life as of December 31, 2022:
For year ended 12/31/2023 | $ | 4 |
For year ended 12/31/2024 | 3 |
For year ended 12/31/2025 | 1 |
For year ended 12/31/2026 | 1 |
Thereafter | 3 |
| $ | 12 |
Redelcom S.A. |
Business Acquisition [Line Items] |
Summary of Purchase Price Allocation For Acquisition | The following table summarizes the purchase price allocation for the acquisition:
| Redelcom S.A. (In millions)
Cash and cash equivalents | $ | 1 |
Convertible notes agreements | 1 |
Other net tangible liabilities | (2) |
Total net tangible assets acquired | $ | — |
Platform | 1 |
Goodwill | 23 |
Purchase Price | $ | 24 |
Kangu Participações S.A |
Business Acquisition [Line Items] |
Summary of Purchase Price Allocation For Acquisition | The following table summarizes the purchase price allocation for the acquisition:
| Kangu Participações S.A. (In millions)
Cash and cash equivalents | $ | 3 |
Other net tangible assets | 1 |
Total net tangible assets acquired | $ | 4 |
Customer lists and non-compete agreements | 1 |
Hubs network | 3 |
Goodwill | 45 |
Purchase Price | $ | 53 |

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