GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 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		Total
Balance at January 1, 2022	$	321	$	63	$	384


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


Translation	(1)		(6)		(7)
Balance at September 30, 2023	$	312	$	52	$	364

The Company's cumulative goodwill impairments as of September 30, 2023 were $137 million. No goodwill impairments were recorded for the nine months ended September 30, 2023 or the twelve months ended December 31, 2022.

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


		As of
		September 30, 2023						December 31, 2022
	Weighted average life	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Customer lists and relationships	11.7 years	$	214	$	184	$	30	$	217	$	181	$	36
Trademarks, trade names and other	14.4 years	32		24		8		32		22		10
Non-amortized trade names and other	Indefinite	19		—		19		22		—		22
Capitalized software	4.2 years	632		451		181		580		416		164
Total intangible assets	6.7 years	$	897	$	659	$	238	$	851	$	619	$	232