v3.25.4
Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
December 31, 2025December 31, 2024
(In millions)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Definite-lived intangibles
Customer relationships$825 $574 $795 $497 
Favorable leases65 65 
Total$891 $580 $860 $499 
We did not recognize any impairment of our identified intangible assets in 2025, 2024 and 2023.
Estimated future amortization expense for amortizable intangible assets for the next five years is as follows:
(In millions)20262027202820292030Thereafter
Estimated amortization expense$59 $59 $46 $36 $36 $75 
Actual amounts of amortization expense may differ from estimated amounts due to changes in foreign currency exchange rates, additional intangible asset acquisitions, future impairment of intangible assets, accelerated amortization of intangible assets and other events.
Intangible asset amortization expense was $58 million, $57 million and $54 million for the years ended December 31, 2025, 2024 and 2023, respectively.