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GOODWILL, SOFTWARE AND OTHER INTANGIBLE ASSETS, NET | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL, SOFTWARE AND OTHER INTANGIBLE ASSETS, NET | GOODWILL, SOFTWARE AND OTHER INTANGIBLE ASSETS, NET Changes in goodwill for the years ended December 31, 2023 and 2022 are as follows:
(in millions) | Amount
Balance at December 31, 2021 | $ | 294 |
Additions | 168 |
Balance at December 31, 2022 | $ | 462 |
Additions | — |
Balance at December 31, 2023 | $ | 462 |
The following summarizes software and other intangible assets:
|  | December 31, 2023 | December 31, 2022
(in millions) | Weighted Average Amortization Period | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Amortizable intangibles: |  |  |  |  |  |  |
Software | 3 years | 350 |  | (255) |  | 95 |  | 278 |  | (213) |  | 65 |
Customer relationships | 6 years | 49 |  | (18) |  | 31 |  | 135 |  | (93) |  | 42 |
Developed technology | 6 years | 65 |  | (19) |  | 46 |  | 65 |  | (9) |  | 56 |
Total |  | $ | 464 |  | $ | (292) |  | $ | 172 |  | $ | 478 |  | $ | (315) |  | $ | 163 |
Amortization of intangible assets during the years ended December 31, 2023, 2022 and 2021 was $63 million, $54 million and $50 million respectively. We evaluate the remaining useful life of intangible assets annually to determine whether events and circumstances warrant a revision to the estimated remaining useful life. During the year ended December 31, 2021, we recognized a $7 million impairment of a customer relationship intangible due to higher than expected attrition. There were no impairment charges recognized for the years ended December 31, 2023 and 2022. The following table summarizes our capitalized internally developed software costs and related depreciation expense.
| Year Ended December 31,
(in millions) | 2023 | 2022 | 2021
Capitalized internally developed software costs | 69 |  | 48 |  | 33 |
Depreciation expense for capitalized internally developed software costs | 42 |  | 35 |  | 33 |
Expense related to intangibles amortization in future periods as of December 31, 2023 is expected to be as follows:
Year ending December 31: | Amount (in millions)
2024 | $ | 59 |
2025 | 46 |
2026 | 31 |
2027 | 23 |
2028 | 7 |
2029 and thereafter | 3 |
Total | $ | 169 |

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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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