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Goodwill and Intangible Assets, Net | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net |
7. |  | Goodwill and Intangible Assets, Net
Goodwill There were no changes in the carrying amount of goodwill for the nine months ended September 30, 2024. Intangible Assets, Net Intangible assets, net, resulting from business combinations and asset purchases consisted of the following:
| As of December 31, 2023
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted-Average Remaining Useful Life
| (in millions) |  | (in years)
Developed technology | $ | 91 |  |  | $ | (43) |  |  | $ | 48 |  |  | 3.3
Customer relationships | 27 |  |  | (13) |  |  | 14 |  |  | 2.3
Patents | 13 |  |  | (4) |  |  | 9 |  |  | 5.5
Other | 8 |  |  | (2) |  |  | 6 |  |  | 5.9
Total intangible assets, net | $ | 139 |  |  | $ | (62) |  |  | $ | 77 |  |  |
| As of September 30, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Weighted-Average Remaining Useful Life
| (in millions) |  | (in years)
Developed technology | $ | 91 |  |  | $ | (55) |  |  | $ | 36 |  |  | 2.8
Customer relationships | 27 |  |  | (18) |  |  | 9 |  |  | 1.7
Patents | 14 |  |  | (6) |  |  | 8 |  |  | 4.8
Other | 8 |  |  | (3) |  |  | 5 |  |  | 5.9
Total intangible assets, net | $ | 140 |  |  | $ | (82) |  |  | $ | 58 |  |  |
Amortization expense totaled $6 million and $6 million for the three months ended September 30, 2023 and 2024, respectively, and $20 million and $20 million for the nine months ended September 30, 2023 and 2024, respectively. As of September 30, 2024, the remaining intangible asset amortization was as follows:
| Amount
Year ending December 31, | (in millions)
Remainder of 2024 | $ | 6 |
2025 | 22 |
2026 | 17 |
2027 | 7 |
2028 | 4 |
Thereafter | 2 |
Total | $ | 58 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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