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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
Goodwill
The following summarizes the Company's goodwill (in millions):
June 30, 2023December 31, 2022
Balance at the beginning of the period:
Goodwill$1,088 $907 
Accumulated impairment losses(669)(675)
419 232 
Additions72 190 
Currency translation1 (3)
Balance at the end of the period:
Goodwill1,163 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 AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets: 
Customer-related and non-compete agreements$234 $(54)$180 
Internally developed software(a)
60 (43)17 
Total294 (97)197 
Indefinite-lived intangible assets: 
Trade name271 — 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 
Total238 (77)161 
Indefinite-lived intangible assets: 
Trade name270 — 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.