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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS Changes in the carrying amount of goodwill for our reportable segments for the six months ended June 30, 2024 were as follows:
| Insurance |  | CenterWell |  |  |  |  |  | Total
| (in millions)
Balance at January 1, 2024 | $ | 2,663 |  |  | $ | 6,887 |  |  |  |  |  |  | $ | 9,550 |
Acquisitions | — |  |  | 17 |  |  |  |  |  |  | 17 |
Balance at June 30, 2024 | $ | 2,663 |  |  | $ | 6,904 |  |  |  |  |  |  | $ | 9,567 |
The following table presents details of our other intangible assets included in other long-term assets in the accompanying condensed consolidated balance sheets at June 30, 2024 and December 31, 2023:
|  |  | June 30, 2024 |  | December 31, 2023
| Weighted Average Life |  | Cost |  | Accumulated Amortization |  | Net |  | Cost |  | Accumulated Amortization |  | Net
|  |  | ($ in millions)
Other intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Certificates of need | Indefinite |  | $ | 1,092 |  |  | $ | — |  |  | $ | 1,092 |  |  | $ | 1,092 |  |  | $ | — |  |  | $ | 1,092 |
Medicare licenses | Indefinite |  | 288 |  |  | — |  |  | 288 |  |  | 288 |  |  | — |  |  | 288 |
Customer contracts/ relationships | 9.4 years |  | 956 |  |  | 739 |  |  | 217 |  |  | 956 |  |  | 718 |  |  | 238 |
Trade names and technology | 6.7 years |  | 139 |  |  | 114 |  |  | 25 |  |  | 139 |  |  | 109 |  |  | 30 |
Provider contracts | 11.9 years |  | 67 |  |  | 63 |  |  | 4 |  |  | 67 |  |  | 62 |  |  | 5 |
Noncompetes and other | 8.4 years |  | 85 |  |  | 48 |  |  | 37 |  |  | 84 |  |  | 44 |  |  | 40 |
Total other intangible assets | 9.2 years |  | $ | 2,627 |  |  | $ | 964 |  |  | $ | 1,663 |  |  | $ | 2,626 |  |  | $ | 933 |  |  | $ | 1,693 |
For the three months ended June 30, 2024 and 2023, amortization expense for other intangible assets was approximately $15 million and $16 million, respectively. For the six months ended June 30, 2024 and 2023, amortization expense for other intangible assets was approximately $31 million and $34 million, respectively. The following table presents our estimate of amortization expense remaining for 2024 and each of the next five succeeding years at June 30, 2024:
| (in millions)
For the years ending December 31, |
2024 | $ | 29 |
2025 | 58 |
2026 | 43 |
2027 | 33 |
2028 | 29 |
2029 | 27 |
For additional information regarding our goodwill and intangible assets, refer to Note 2 to the audited Consolidated Financial Statements included in Part II, Item 8, "Financial Statements and Supplementary Data" in our 2023 Form 10-K.

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- 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
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