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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following summarizes the Company's goodwill (in millions):
| June 30, 2023 |  | December 31, 2022
Balance at the beginning of the period: |  |  |
Goodwill | $ | 1,088 |  |  | $ | 907 |
Accumulated impairment losses | (669) |  |  | (675) |
| 419 |  |  | 232 |
Additions | 72 |  |  | 190 |
Currency translation | 1 |  |  | (3) |
Balance at the end of the period: |  |  |
Goodwill | 1,163 |  |  | 1,088 |
Accumulated impairment losses | (671) |  |  | (669) |
| $ | 492 |  |  | $ | 419 |
Intangible Assets Intangible assets, net, consisted of the following major classes (in millions):
| June 30, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |
Customer-related and non-compete agreements | $ | 234 |  |  | $ | (54) |  |  | $ | 180 |
Internally developed software(a) | 60 |  |  | (43) |  |  | 17 |
Total | 294 |  |  | (97) |  |  | 197 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 271 |  |  | — |  |  | 271 |
Total intangible assets, net | $ | 565 |  |  | $ | (97) |  |  | $ | 468 |
(a) Includes capitalized costs of $3 million yet to be placed into service.
| December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |
Customer-related and non-compete agreements | $ | 181 |  |  | $ | (38) |  |  | $ | 143 |
Internally developed software(a) | 57 |  |  | (39) |  |  | 18 |
Total | 238 |  |  | (77) |  |  | 161 |
Indefinite-lived intangible assets: |  |  |  |  |
Trade name | 270 |  |  | — |  |  | 270 |
Total intangible assets, net | $ | 508 |  |  | $ | (77) |  |  | $ | 431 |
(a) Includes capitalized costs of $3 million yet to be placed into service. Amortization of intangible assets was $11 million and $20 million for the three and six months ended June 30, 2023, respectively, and $7 million and $13 million for the three and six months ended June 30, 2022, respectively.

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- 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
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