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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following table shows the carrying amount of goodwill by reportable segment as of June 30, 2022 and December 31, 2021:
 
Ammonia(1)
Granular UreaUAN
AN(1)
Other(1)
Total
 (in millions)
Balance as of December 31, 2021$579 $828 $576 $69 $39 $2,091 
Effect of exchange rate changes(1)— — — — (1)
Balance as of June 30, 2022$578 $828 $576 $69 $39 $2,090 
_______________________________________________________________________________
(1)At both June 30, 2022 and December 31, 2021, the carrying amount of goodwill includes accumulated impairment losses in our Ammonia, AN and Other segments of $9 million, $241 million and $35 million, respectively.
All of our identifiable intangible assets have definite lives and are presented in other assets on our consolidated balance sheets at gross carrying amount, net of accumulated amortization, as follows:
 June 30, 2022December 31, 2021
 Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
 (in millions)
Customer relationships(1)
$81 $(58)$23 $84 $(60)$24 
Trade names(2)
20 (10)10 31 (10)21 
Total intangible assets$101 $(68)$33 $115 $(70)$45 
_______________________________________________________________________________
(1)At both June 30, 2022 and December 31, 2021, the gross carrying amount for customer relationships includes cumulative impairment charges of $49 million, which were recorded in 2021.
(2)At June 30, 2022, the gross carrying amount for trade names includes cumulative impairment charges of $9 million, including $8 million recorded in the second quarter of 2022, and $1 million recorded in 2021. At December 31, 2021, the gross carrying amount for trade names includes cumulative impairment charges of $1 million, which were recorded in 2021.
Our customer relationships and trade names are being amortized over a weighted-average life of approximately 20 years. Amortization expense of our identifiable intangible assets was $1 million and $2 million for the three and six months ended June 30, 2022, respectively, and $2 million and $4 million for the three and six months ended June 30, 2021, respectively. The gross carrying amount and accumulated amortization of our intangible assets are also impacted by the effect of exchange rate changes. Total estimated amortization expense for the remainder of 2022 is $2 million and for each of the fiscal years 2023-2027 is $4 million.
In June 2022, we approved and announced our proposed plan to restructure our U.K. operations. This plan includes permanently closing the Ince facility and optimizing the remaining manufacturing operations at the Billingham facility. As a result, in the three months ended June 30, 2022, we recorded an intangible asset impairment charge of $8 million related to trade names. See Note 5—United Kingdom Operations, Proposed Restructuring and Impairment Charges for additional information.