GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

The Company did not identify any significant events or changes in circumstances that indicated the existence of impairment indicators during the three months ended March 31, 2023. As such, quantitative assessments were not required.

The balances and changes in the carrying amount of goodwill by segment are as follows (in millions of dollars):


	High-Touch Solutions N.A.		Endless Assortment		Other		Total
Balance at January 1, 2022	$	321	$	63	$	—	$	384


Translation	(8)		(5)		—		(13)
Balance at December 31, 2022	313		58		—		371


Translation	—		(1)		—		(1)
Balance at March 31, 2023	$	313	$	57	$	—	$	370

The aggregate cumulative goodwill impairments as of March 31, 2023, was $137 million and consisted of $32 million within High-Touch Solutions N.A. and $105 million in Other.

The balances and changes in intangible assets – net are as follows (in millions of dollars):


		As of
		March 31, 2023						December 31, 2022
	Weighted average life	Gross carrying amount		Accumulated amortization/impairment		Net carrying amount		Gross carrying amount		Accumulated amortization/impairment		Net carrying amount
Customer lists and relationships	11.7 years	$	217	$	183	$	34	$	217	$	181	$	36
Trademarks, trade names and other	14.4 years	32		23		9		32		22		10
Non-amortized trade names and other	Indefinite	22		—		22		22		—		22
Capitalized software	4.2 years	597		428		169		580		416		164
Total intangible assets	6.9 years	$	868	$	634	$	234	$	851	$	619	$	232