XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.23.2

GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
--- | ---
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS For the six months ended June 30, 2023, there were no additions to goodwill. For the year ended December 31, 2022 the carrying amount of goodwill increased by $4 million due to acquisitions. For more information on significant acquisitions, refer to “Note 13 — Business Acquisition”. No impairment of goodwill was identified for the three and six months ended June 30, 2023 and 2022. Intangible assets subject to amortization consisted of the following as of June 30, 2023 and December 31, 2022, respectively (in millions, except years):
June 30, 2023 |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted Average Useful Life (Years)
Developed technology |  | $ | 17 |  |  | $ | (11) |  |  | $ | 6 |  |  | 1.3
Customer relationships |  | 7 |  |  | (5) |  |  | 2 |  |  | 1.2
Trademarks |  | 5 |  |  | (4) |  |  | 1 |  |  | 1.2
Intangible assets – net |  | $ | 29 |  |  | $ | (20) |  |  | $ | 9 |  |  |
December 31, 2022 |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted Average Useful Life (Years)
Developed technology |  | $ | 17 |  |  | $ | (9) |  |  | $ | 8 |  |  | 1.8
Customer relationships |  | 7 |  |  | (5) |  |  | 2 |  |  | 1.7
Trademarks |  | 5 |  |  | (3) |  |  | 2 |  |  | 1.7
Intangible assets – net |  | $ | 29 |  |  | $ | (17) |  |  | $ | 12 |  |  |
Amortization expense for intangible assets was $1 million and $3 million for the three and six months ended June 30, 2023, respectively. Amortization expense for intangible assets was $3 million and $5 million for the three and six months ended June 30, 2022, respectively. As of June 30, 2023, expected amortization of intangible assets is as follows:
Fiscal Years |  | (In millions)
Remainder of 2023 |  | $ | 4 |
2024 |  | 5 |
Total |  | $ | 9 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration