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Goodwill and other intangible assets, net (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
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 WarehousingGlobal Integrated SolutionsTotal
Balance, December 31, 2023$2,750 $644 $3,394 
Goodwill acquired1
22 — 22 
Measurement period adjustments1
(7)— (7)
Foreign currency translation(42)(6)(48)
Balance, June 30, 2024$2,723 $638 $3,361 
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(1) See Note 4, Business combinations and asset acquisitions for details.
Schedule of Finite-Lived Intangible Assets
The following are the Company’s total other intangible assets as of:
June 30, 2024December 31, 2023
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountUseful Life (Years)
Customer relationships$1,500 $(389)$1,111 $1,507 $(343)$1,164 
 5 - 28
In-place leases94 (23)71 98 (21)77 
2 - 31
Technology32 (7)25 32 (5)27 10
Trade names(6)24 (21)
1 - 15
Other20 (12)20 (11)
4 - 17
Other intangible assets$1,655 $(437)$1,218 $1,681 $(401)$1,280 
Schedule of Indefinite-Lived Intangible Assets
The following are the Company’s total other intangible assets as of:
June 30, 2024December 31, 2023
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountUseful Life (Years)
Customer relationships$1,500 $(389)$1,111 $1,507 $(343)$1,164 
 5 - 28
In-place leases94 (23)71 98 (21)77 
2 - 31
Technology32 (7)25 32 (5)27 10
Trade names(6)24 (21)
1 - 15
Other20 (12)20 (11)
4 - 17
Other intangible assets$1,655 $(437)$1,218 $1,681 $(401)$1,280