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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following is a reconciliation of goodwill by business segment.
(in millions)AmericasEMEAAPACTotal
Balance as of December 31, 2020$2,574 $406 $237 $3,217 
Reallocation of goodwill81 (81)— — 
Acquisitions1 — — 1 
Currency translation(58)(7)(5)(70)
Balance as of June 30, 2021$2,598 $318 $232 $3,148 
As of June 30, 2021, there were no reductions in goodwill relating to impairment losses.
As discussed in Note 16 - Segment Information, we made a change to our reportable segments in the first quarter of 2021. As a result of this change, we reallocated goodwill from our EMEA segment to the Americas segment using a relative fair value approach. In addition, we completed an assessment of any potential goodwill impairment for all reporting units immediately prior to the reallocation and determined that no impairment existed.
Other intangible assets, net
The following is a summary of our other intangible assets.
(in millions)Developed technology, including patentsOther amortized intangible assetsIndefinite-lived intangible assets
Total
June 30, 2021
Gross other intangible assets$3,044 $501 $169 $3,714 
Accumulated amortization(1,462)(342)— (1,804)
Other intangible assets, net$1,582 $159 $169 $1,910 
December 31, 2020
Gross other intangible assets$2,713 $495 $169 $3,377 
Accumulated amortization(1,374)(332)— (1,706)
Other intangible assets, net$1,339 $163 $169 $1,671 
Intangible asset amortization expense was $67 million and $56 million for the three months ended June 30, 2021 and 2020, respectively, and $131 million and $108 million for the six months ended June 30, 2021 and 2020, respectively.
In the second quarter of 2020, we recognized an impairment charge of $17 million related to a developed-technology intangible asset due to a decline in market expectations for the related product. The fair value of the intangible asset was measured using a discounted cash flow approach and the charge is classified within cost of sales in the accompanying condensed consolidated statement of income. We consider the fair value of the asset to be a Level 3 measurement due to the significant estimates and assumptions we used in establishing the estimated fair value.