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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The following is a summary of our intangible assets as of December 31, 2024 (in millions, except weighted average amortization period):
As of December 31, 2024
Remaining Weighted Average Amortization Period (Years)Gross Carrying Value Accumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 8.6$97 $42 $— $55 
Galapagos operating license 19.641 13 — 28 
Total finite-life intangible assets138 55 — 83 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$490 $55 $31 $404 
(1) Primarily relates to the Silversea Cruises trade name representing approximately $319 million.
The following is a summary of our intangible assets as of December 31, 2023 (in millions, except weighted average amortization period):
As of December 31, 2023
Remaining Weighted Average Amortization Period (Years)Gross Carrying ValueAccumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 9.6$97 $35 $— $62 
Galapagos operating license 20.648 13 — 35 
Total finite-life intangible assets145 48 — 97 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$497 $48 $31 $418 
(1) Primarily relates to the Silversea Cruises trade name representing approximately $319 million.
Schedule of Finite-Lived Intangible Assets
The following is a summary of our intangible assets as of December 31, 2024 (in millions, except weighted average amortization period):
As of December 31, 2024
Remaining Weighted Average Amortization Period (Years)Gross Carrying Value Accumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 8.6$97 $42 $— $55 
Galapagos operating license 19.641 13 — 28 
Total finite-life intangible assets138 55 — 83 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$490 $55 $31 $404 
(1) Primarily relates to the Silversea Cruises trade name representing approximately $319 million.
The following is a summary of our intangible assets as of December 31, 2023 (in millions, except weighted average amortization period):
As of December 31, 2023
Remaining Weighted Average Amortization Period (Years)Gross Carrying ValueAccumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 9.6$97 $35 $— $62 
Galapagos operating license 20.648 13 — 35 
Total finite-life intangible assets145 48 — 97 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$497 $48 $31 $418 
(1) Primarily relates to the Silversea Cruises trade name representing approximately $319 million.