GOODWILL AND OTHER INTANGIBLE ASSETS, NET

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

Goodwill

The following is a reconciliation of goodwill by business segment.


(in millions)	Americas		EMEA		APAC		Total
Balance as of December 31, 2019	$	2,428	$	385	$	217	$	3,030
Acquisitions	31		—		7		38
Currency translation adjustments	(13)		(2)		(1)		(16)
Balance as of June 30, 2020	$	2,446	$	383	$	223	$	3,052

As of June 30, 2020, there were no reductions in goodwill relating to impairment losses.

Other intangible assets, net

The following is a summary of our other intangible assets.


(in millions)	Developed technology, including patents		Other amortized intangible assets		Indefinite-lived intangible assets		Total
June 30, 2020
Gross other intangible assets	$	2,638	$	476	$	179	$	3,293
Accumulated amortization	(1,276)		(301)		—		(1,577)
Other intangible assets, net	$	1,362	$	175	$	179	$	1,716
December 31, 2019
Gross other intangible assets	$	2,309	$	464	$	173	$	2,946
Accumulated amortization	(1,190)		(285)		—		(1,475)
Other intangible assets, net	$	1,119	$	179	$	173	$	1,471

Intangible asset amortization expense was $56 million and $45 million for the three months ended June 30, 2020 and 2019, respectively, and $108 million and $88 million for the six months ended June 30, 2020 and 2019, respectively.

In the second quarters of 2020 and 2019, we recognized impairment charges of $17 million and $31 million, respectively, related to developed-technology intangible assets due to a decline in market expectations for the related products. The fair value of the intangible assets was measured using a discounted cash flow approach and the charges are classified within cost of sales in the accompanying condensed consolidated statements of income. We consider the fair value of the assets to be a Level 3 measurements due to the significant estimates and assumptions we used in establishing the estimated fair values.