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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill

The changes in the carrying amount of goodwill reported in the Company's operating segments were as follows:
RetirementInvestment ManagementEmployee Benefits
Corporate(1)
Consolidated
Balance as of January 1, 2024$17 $286 $343 $102 $748 
Additions related to business acquisitions
— — — — — 
Balance as of December 31, 2024$17 $286 $343 $102 $748 
Additions related to business acquisitions(2)
56 — — — 56 
Balance as of September 30, 2025$73 $286 $343 $102 $804 
(1) Corporate includes goodwill that was acquired by the parent company and not pushed to a subsidiary within the Company’s reportable segments. The carrying value of goodwill within Corporate is allocated to Retirement, Investment Management, and Employee Benefits segments as $72, $10 and $20 respectively.
(2) During 2025, the Company recognized goodwill of $56 as a result of the acquisition of OneAmerica Financial's full-service retirement plan business.

Other Intangible Assets

The following table presents other intangible assets as of the dates indicated:
Weighted
Average
Amortization
Lives (Years)
September 30, 2025December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Indefinite-life intangibles:
Management contract rightsN/A$350 $— $350 $350 $— $350 
Finite-life intangibles:
Management contract rights17131 25 106 131 19 112 
Customer relationship lists(1)
16345 158 187 325 145 180 
Trademarks815 10 15 11 
Computer software(2)
5442 258 184 432 253 179 
Total intangible assets$1,283 $446 $837 $1,253 $421 $832 
(1) During 2025, as a result of the acquisition of OneAmerica Financial's full-service retirement plan business, the Company recognized intangible assets of $21, which will be amortized over a weighted average useful life of 13 years.
(2) Fully amortized computer software of $47 was written-off during the nine months ended September 30, 2025.

Amortization expense related to intangible assets was $76 and $70 for the nine months ended September 30, 2025 and 2024, respectively.