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GOODWILL AND INTANGIBLES | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLES | GOODWILL AND INTANGIBLES Goodwill The following table provides disclosure of goodwill by segment as of December 31, 2023 and 2022. The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2023 and 2022 are as follows:
| Safety Services |  | Specialty Services |  | Total Goodwill
Goodwill as of December 31, 2021 | $ | 925 |  |  | $ | 181 |  |  | $ | 1,106 |
Acquisitions | 1,372 |  |  | — |  |  | 1,372 |
Foreign currency translation and other, net (1) | (96) |  |  | — |  |  | (96) |
Goodwill as of December 31, 2022 | 2,201 |  |  | 181 |  |  | 2,382 |
Acquisitions | 47 |  |  | — |  |  | 47 |
Impairment of goodwill (2) | — |  |  | (4) |  |  | (4) |
Foreign currency translation | 46 |  |  | — |  |  | 46 |
Goodwill as of December 31, 2023 | $ | 2,294 |  |  | $ | 177 |  |  | $ | 2,471 |
(1)Other includes immaterial measurement period adjustments recorded during the year ended December 31, 2022 related to acquisitions for which the measurement period ended during the year ended December 31, 2022. (2)The Company sold an operating company (See Note 5 - "Divestitures"). Pursuant to the authoritative literature, the Company evaluated the recoverability of the carrying value of the assets and liabilities and recorded a goodwill impairment charge of $4. Intangibles The Company's identifiable intangible assets are comprised of the following as of December 31, 2023 and 2022:
| December 31, 2023
| Weighted Average Remaining Useful Lives (in Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortized intangibles: |  |  |  |  |  |  |
Contractual backlog | 0.5 |  | $ | 155 |  |  | $ | (154) |  |  | $ | 1 |
Customer relationships | 9.4 |  | 1,552 |  |  | (518) |  |  | 1,034 |
Trade names and trademarks | 12.1 |  | 722 |  |  | (137) |  |  | 585 |
Total |  |  | $ | 2,429 |  |  | $ | (809) |  |  | $ | 1,620 |
| December 31, 2022
| Weighted Average Remaining Useful Lives (in Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortized intangibles: |  |  |  |  |  |  |
Contractual backlog | 0.9 |  | $ | 153 |  |  | $ | (126) |  |  | $ | 27 |
Customer relationships | 10.0 |  | 1,508 |  |  | (367) |  |  | 1,141 |
Trade names and trademarks | 13.2 |  | 704 |  |  | (88) |  |  | 616 |
Total |  |  | $ | 2,365 |  |  | $ | (581) |  |  | $ | 1,784 |
Approximate annual aggregate amortization expense of the intangible assets for the five years subsequent to December 31, 2023, is as follows:
Years ending December 31: |
2024 | $ | 201 |
2025 | 201 |
2026 | 201 |
2027 | 177 |
2028 | 107 |
Thereafter | 733 |
Total | $ | 1,620 |
Amortization expense recognized on identifiable intangible assets are as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cost of revenues | $ | 27 |  |  | $ | 30 |  |  | $ | 5 |
Selling, general, and administrative expenses | 197 |  | 197 |  | 122
Total intangible asset amortization expense | $ | 224 |  |  | $ | 227 |  |  | $ | 127 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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