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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The changes in the net carrying amount of goodwill for the years ended December 31, 2018 and 2017, respectively, are as follows (in millions):
Balance as of January 1, 2017 | $ | 7,410 |
Goodwill related to current year acquisitions | 619 |
Goodwill related to disposals | (5 | )
Goodwill related to prior year acquisitions | (13 | )
Foreign currency translation | 347 |
Balance as of December 31, 2017 | $ | 8,358 |
Goodwill related to current year acquisitions | 38 |
Goodwill related to disposals | (2 | )
Goodwill related to prior year acquisitions | 4 |
Foreign currency translation | (227 | )
Balance as of December 31, 2018 | $ | 8,171 |
Other intangible assets by asset class are as follows (in millions):
| As of December 31
| 2018 |  | 2017
| Gross Carrying Amount |  | Accumulated Amortization and Impairment |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization and Impairment |  | Net Carrying Amount
Customer related and contract based | 2,240 |  |  | 1,444 |  |  | 796 |  |  | 2,550 |  |  | 1,415 |  |  | 1,135 |
Tradenames | 1,027 |  |  | 740 |  |  | 287 |  |  | 1,047 |  |  | 533 |  |  | 514 |
Technology and other | 391 |  |  | 325 |  |  | 66 |  |  | 416 |  |  | 332 |  |  | 84 |
Total | $ | 3,658 |  |  | $ | 2,509 |  |  | $ | 1,149 |  |  | $ | 4,013 |  |  | $ | 2,280 |  |  | $ | 1,733 |
In the second quarter of 2017, and in connection with the completion of the sale of the Divested Business, the Company recognized a non-cash impairment charge to the associated tradenames of $380 million. The fair value of the tradenames was determined using the Relief from Royalty Method. This impairment was included in Amortization and impairment of intangible assets on the Consolidated Statement of Income. Refer to Note 5 “Discontinued Operations” for further information. Amortization expense and impairment charges from finite lived intangible assets were $593 million, $704 million, and $157 million for the years ended December 31, 2018, 2017, and 2016, respectively. The estimated future amortization for finite-lived intangible assets as of December 31, 2018 is as follows (in millions):
|  | Estimated Future Amortization
For the years ended |
2019 |  | $ | 385 |
2020 |  | 219 |
2021 |  | 126 |
2022 |  | 84 |
2023 |  | 72 |
Thereafter |  | 263 |
Total |  | $ | 1,149 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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