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Goodwill & Other Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill & Other Intangible Assets
9. GOODWILL & OTHER INTANGIBLE ASSETS
The carrying value of goodwill allocated to reportable segments and the corporate category as of both December 31, 2024 and 2023 was as follows:
Carrying Value
Business Insurance$659 
Personal Insurance119 
Hartford Funds180 
Employee Benefits723 
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, 2024 and 2023 includes $138 and $92 for the Employee Benefits and Hartford Funds reporting units, respectively.
The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2024 and 2023; 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, 2024
As of December 31, 2023
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Amortized Intangible Assets:
Customer relationships$636 $(313)$323 $636 $(269)$367 
Marketing agreement with Aetna16 (7)9 16 (7)9 
Distribution Agreement79 (75)4 79 (72)7 
Distribution and Agency relationships & Other340 (134)206 340 (111)229 
Total Finite Life Intangibles
1,071 (529)542 1,071 (459)612 
Total Indefinite Life Intangible Assets95 95 95 95 
Total Other Intangible Assets
$1,166 $(529)$637 $1,166 $(459)$707 
Expected Before Tax Amortization Expense for Acquired Intangibles as of December 31, 2024
Other Intangible Assets
2025$71 
2026$70 
2027$68 
2028$64 
2029$62