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GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Composition of Goodwill and Intangible Assets
The composition of goodwill and intangible assets is as follows:
September 30, 2024December 31, 2023
(In millions)
Goodwill$149 $163 
Intangible assets with indefinite lives
Trademarks4 4 
Amortizable intangible assets
 Licenses and others15 14 
Non-compete agreements3 4 
Customer lists15 12 
Trademarks11 12 
Hubs network4 4 
Others3 3 
Total intangible assets55 53 
Accumulated amortization(43)(42)
Total intangible assets, net$12 $11 
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the nine-month period ended September 30, 2024 and the year ended December 31, 2023 are as follows:
 Nine Months Ended September 30, 2024
 BrazilMexicoArgentinaChileColombiaOther countriesTotal
 (In millions)
Balance, beginning of the year$64 $44 $10 $37 $6 $2 $163 
Currency translation adjustments(7)(5)— (1)(1)— (14)
Balance, end of the period$57 $39 $10 $36 $5 $2 $149 
Year Ended December 31, 2023
BrazilMexicoArgentinaChileColombiaOther countriesTotal
(In millions)
Balance, beginning of the year$60 $39 $10 $37 $5 $2 $153 
Currency translation adjustments4 5 — — 1 — 10 
Balance, end of the year$64 $44 $10 $37 $6 $2 $163 
Expected Intangible Asset Amortization Expense
The following table summarizes the remaining amortization of intangible assets (in millions) with definite useful life as of September 30, 2024:
For year to be ended December 31, 2024$1 
For year to be ended December 31, 20252 
For year to be ended December 31, 20262 
For year to be ended December 31, 20271 
Thereafter2 
$8