XML 32 R11.htm IDEA: XBRL DOCUMENT
v3.25.1

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table presents goodwill activity for the period indicated (in millions):
| December 31, 2024 |  | Goodwill Acquired |  | Adjustments |  | March 31, 2025
Goodwill | $ | 4,269 |  |  | $ | 67 |  |  | $ | 21 |  |  | $ | 4,357 |
Goodwill acquired during the three months ended March 31, 2025 relates to the acquisition of Caramel, an end-to-end online automotive transaction solution provider. The adjustments to goodwill for the three months ended March 31, 2025 were primarily due to foreign currency translation. Intangible Assets Intangible assets are reported within “Other assets” in our condensed consolidated balance sheets. The following table presents components of identifiable intangible assets as of the dates indicated (in millions, except years):
| March 31, 2025 |  | December 31, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life (Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life (Years)
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer lists and user base | $ | 255 |  |  | $ | (207) |  |  | $ | 48 |  |  | 7 |  | $ | 246 |  |  | $ | (200) |  |  | $ | 46 |  |  | 8
Marketing related | 103 |  |  | (65) |  |  | 38 |  |  | 7 |  | 101 |  |  | (63) |  |  | 38 |  |  | 7
Developed technologies | 270 |  |  | (211) |  |  | 59 |  |  | 4 |  | 239 |  |  | (205) |  |  | 34 |  |  | 4
All other | 158 |  |  | (157) |  |  | 1 |  |  | 3 |  | 158 |  |  | (157) |  |  | 1 |  |  | 3
Total | $ | 786 |  |  | $ | (640) |  |  | $ | 146 |  |  |  |  | $ | 744 |  |  | $ | (625) |  |  | $ | 119 |  |  |
Amortization expense for intangible assets was $12 million and $8 million for the three months ended March 31, 2025 and 2024, respectively. The following table presents expected future intangible asset amortization as of the date indicated (in millions):
|  | March 31, 2025
Remaining 2025 |  | $ | 38 |
2026 |  | 42 |
2027 |  | 37 |
2028 |  | 9 |
2029 |  | 7 |
Thereafter |  | 13 |
Total |  | $ | 146 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration