Goodwill & Other Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

10. GOODWILL & OTHER INTANGIBLE ASSETS

The carrying value of goodwill allocated to reporting segments as of December 31, 2023 and 2022 was as follows:


	Carrying Value

Commercial Lines	$	659
Personal Lines	119
Hartford Funds	180
Group Benefits	723
Corporate [1]	230
Total	$	1,911

[1]The Corporate category includes goodwill that was acquired at a holding company level and not pushed down to a subsidiary within a reportable segment. Carrying value of goodwill within Corporate as of December 31, 2023 and 2022 includes $138 and $92 for the Group Benefits and Hartford Funds reporting units, respectively.

The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2023 and 2022; all reporting units passed their annual impairment test with a

significant margin and as a result there were no write-downs of goodwill.

Other Intangible Assets


	As of December 31, 2023						As of December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized Intangible Assets:
Customer relationships	$	636	$	(269)	$	367	$	636	$	(225)	$	411
Marketing agreement with Aetna	16		(7)		9		16		(6)		10
Distribution Agreement	79		(72)		7		79		(70)		9
Distribution and Agency relationships & Other	340		(111)		229		340		(87)		253
Total Finite Life Intangibles	1,071		(459)		612		1,071		(388)		683
Total Indefinite Life Intangible Assets	95				95		95				95
Total Other Intangible Assets	$	1,166	$	(459)	$	707	$	1,166	$	(388)	$	778

Expected Before Tax Amortization Expense for Acquired Intangibles as of December 31, 2023


	Other Intangible Assets
2024	$	71
2025	$	71
2026	$	70
2027	$	68
2028	$	64