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Goodwill and other intangible assets, net | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and other intangible assets, net | Goodwill and other intangible assets, net Changes in the carrying amount of goodwill for each reportable segment for the six months ended June 30, 2024 are as follows:
(in millions) | Global Warehousing |  | Global Integrated Solutions |  | Total
Balance, December 31, 2023 | $ | 2,750 |  |  | $ | 644 |  |  | $ | 3,394 |
Goodwill acquired 1 | 22 |  |  | — |  |  | 22 |
Measurement period adjustments 1 | (7) |  |  | — |  |  | (7) |
Foreign currency translation | (42) |  |  | (6) |  |  | (48) |
Balance, June 30, 2024 | $ | 2,723 |  |  | $ | 638 |  |  | $ | 3,361 |
__________________ (1) See Note 4, Business combinations and asset acquisitions for details. The following are the Company’s total other intangible assets as of:
| June 30, 2024 |  | December 31, 2023 |  |
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Useful Life (Years)
Customer relationships | $ | 1,500 |  |  | $ | (389) |  |  | $ | 1,111 |  |  | $ | 1,507 |  |  | $ | (343) |  |  | $ | 1,164 |  |  | 5 - 28
In-place leases | 94 |  |  | (23) |  |  | 71 |  |  | 98 |  |  | (21) |  |  | 77 |  |  | 2 - 31
Technology | 32 |  |  | (7) |  |  | 25 |  |  | 32 |  |  | (5) |  |  | 27 |  |  | 10
Trade names | 9 |  |  | (6) |  |  | 3 |  |  | 24 |  |  | (21) |  |  | 3 |  |  | 1 - 15
Other | 20 |  |  | (12) |  |  | 8 |  |  | 20 |  |  | (11) |  |  | 9 |  |  | 4 - 17
Other intangible assets | $ | 1,655 |  |  | $ | (437) |  |  | $ | 1,218 |  |  | $ | 1,681 |  |  | $ | (401) |  |  | $ | 1,280 |  |  |
During the three and six months ended June 30, 2024, the Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling $5 million and $20 million, respectively. During the three and six months ended June 30, 2023, the Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling $5 million and $7 million, respectively. Customer relationships intangible assets acquired during the six months ended June 30, 2024 have a weighted-average amortization period of 13 years.

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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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