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GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Composition of Goodwill and Intangible Assets
The composition of goodwill and intangible assets is as follows:
March 31, 2025December 31, 2024
(In millions)
Goodwill$155 $149 
Intangible assets with indefinite lives
Trademarks4 4 
Amortizable intangible assets
Naming rights29 — 
Licenses and others18 18 
Non-compete agreements3 3 
Customer lists15 14 
Trademarks7 7 
Hubs network3 3 
Others3 3 
Total intangible assets82 52 
Accumulated amortization(43)(40)
Total intangible assets, net$39 $12 
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the three-month period ended March 31, 2025 and the year ended December 31, 2024 are as follows:
 Three Months Ended March 31, 2025
 BrazilMexicoArgentinaChileColombiaOther countriesTotal
 (In millions)
Balance, beginning of the year$56 $39 $14 $33 $5 $2 $149 
Currency translation adjustments4 1 — 1 — — 6 
Balance, end of the period$60 $40 $14 $34 $5 $2 $155 
Year Ended December 31, 2024
BrazilMexicoArgentinaChileColombiaOther countriesTotal
(In millions)
Balance, beginning of the year$64 $44 $10 $37 $6 $2 $163 
Business acquisitions6 2 4 — — — 12 
Currency translation adjustments(14)(7)— (4)(1)— (26)
Balance, end of the year$56 $39 $14 $33 $5 $2 $149 
Expected Intangible Asset Amortization Expense
The following table summarizes the remaining amortization of intangible assets (in millions) with definite useful life as of March 31, 2025:
For year to be ended December 31, 2025$7 
For year to be ended December 31, 20268 
For year to be ended December 31, 20277 
For year to be ended December 31, 20286 
Thereafter7 
$35