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Other Intangible Assets
6 Months Ended
Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

Note 7 – Other Intangible Assets

Other intangible assets are summarized as follows:

(in millions)

 

June 30,

2022

 

 

December 31,

2021

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

 

$

201

 

 

$

203

 

Noncompete agreements

 

 

50

 

 

 

49

 

Trademarks

 

 

56

 

 

 

32

 

Internal-use software licenses

 

 

24

 

 

 

21

 

Patents

 

 

3

 

 

 

3

 

 

 

 

334

 

 

 

308

 

Accumulated amortization

 

 

(130

)

 

 

(107

)

 

 

 

204

 

 

 

201

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

Licenses

 

 

17

 

 

 

17

 

 

 

$

221

 

 

$

218

 

Amortization expense for finite-lived intangible assets was $14 million and $29 million for the three and six months ended June 30, 2022, respectively, and $12 million and $24 million for the three and six months ended June 30, 2021, respectively.  

Estimated amortization expense for finite-lived intangible assets for the next five years is as follows:

Year

 

(in millions)

 

Remainder of 2022

 

$

30

 

2023

 

$

49

 

2024

 

$

40

 

2025

 

$

32

 

2026

 

$

25

 

2027

 

$

9