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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Composition of Goodwill and Intangible Assets
The composition of goodwill and intangible assets is as follows:
September 30, 2025December 31, 2024
(In millions)
Goodwill$161 $149 
Intangible assets with indefinite lives
Trademarks
Amortizable intangible assets
Naming rights31 — 
Licenses and others19 18 
Non-compete agreements
Customer lists15 14 
Trademarks
Hubs network
Others
Total intangible assets86 52 
Accumulated amortization(48)(40)
Total intangible assets, net$38 $12 
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the nine-month period ended September 30, 2025 and the year ended December 31, 2024 are as follows:
 Nine Months Ended September 30, 2025
 BrazilMexicoArgentinaChileColombiaOther countriesTotal
 (In millions)
Balance, beginning of the year$56 $39 $14 $33 $$$149 
Currency translation adjustments— — — — 12 
Balance, end of the period$64 $43 $14 $33 $5 $2 $161 
Year Ended December 31, 2024
BrazilMexicoArgentinaChileColombiaOther countriesTotal
(In millions)
Balance, beginning of the year$64 $44 $10 $37 $$$163 
Business acquisitions— — — 12 
Currency translation adjustments(14)(7)— (4)(1)— (26)
Balance, end of the year$56 $39 $14 $33 $5 $2 $149 
Expected Intangible Asset Amortization Expense
The following table summarizes the remaining amortization of intangible assets (in millions) with finite useful life as of September 30, 2025:
For year to be ended December 31, 2025$
For year to be ended December 31, 2026
For year to be ended December 31, 2027
For year to be ended December 31, 2028
Thereafter
$34