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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The following table presents activity related to goodwill and other intangible asset balances for the six months ended June 30, 2022.
| Goodwill |  | Intangible Assets |  |
(Dollars in millions) | Net Carrying Amount |  | Cost | Accumulated Amortization | Net Carrying Amount |  | Total Goodwill and Other Intangible Assets - Net
Balance at December, 31, 2021 | $ | 276 |  |  | $ | 180 |  | $ | (5) |  | $ | 175 |  |  | $ | 451 |
Additions | 101 |  |  | 10 |  | — |  | 10 |  |  | 111 |
Amortization | — |  |  | — |  | (5) |  | (5) |  |  | (5) |
Balance at June, 30, 2022 | $ | 377 |  |  | $ | 190 |  | $ | (10) |  | $ | 180 |  |  | $ | 557 |
Additions to goodwill during the six months 2022 were comprised of $84 million in goodwill as a result of the Pan Am acquisition and $17 million in goodwill resulting from several acquisitions completed by Quality Carriers. Goodwill related to the Pan Am acquisition was calculated as the excess of the consideration paid over the fair value of net assets assumed as of June 1, 2022 and relates primarily to the ability of CSX to extend the reach of its service to a wider customer base over an expanded territory, creating new market prospects and efficiencies. Goodwill recognized in this acquisition is not deductible for tax purposes. During the six months 2022, Quality Carriers completed several acquisitions that were immaterial individually and in aggregate that resulted in the addition of goodwill and other intangible assets.

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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