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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)$1.3
Customer relationships(5)1.2
Trademarks(4)1.2
Intangible assets – net$29 $(20)$
December 31, 2022
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Remaining Weighted Average Useful Life
(Years)
Developed technology$17 $(9)$1.8
Customer relationships(5)1.7
Trademarks(3)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 $5 million for the three and six months ended June 30, 2022, respectively.
As of June 30, 2023, expected amortization of intangible assets is as follows:
Fiscal Years(In millions)
Remainder of 2023$
2024
Total$