Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consisted of the following:


			December 31, 2025						December 31, 2024
(In millions)	Estimated Useful Life	Estimated Weighted Average Remaining Useful Life (years)	Gross Intangibles		Accumulated Amortization		Net Intangibles		Gross Intangibles		Accumulated Amortization		Net Intangibles
Definite-Lived:
Customer related	8-16 years	15	81		(13)		68		43		(9)		34
Capitalized software development	5-10 years	4	64		(39)		25		55		(31)		24
Tradename	10-20 years	16	8		(1)		7		2		—		2
Other	2-32 years	11	26		(17)		9		26		(15)		11
Subtotal			179		(70)		109		126		(55)		71
Indefinite-Lived:
Goodwill			113		—		113		81		—		81
Total			$	292	$	(70)	$	222	$	207	$	(55)	$	152

The Company also owns developed technology assets which have a net balance of less than $1 million as of December 31, 2025 and 2024.

Capitalized software development consists of software development costs intended for integration into customer products.

Goodwill as of December 31, 2025 consisted of the following:


(In millions)
December 31, 2022	$	45
Foreign currency	(1)
December 31, 2023	$	44
Additions	39
Foreign currency	(2)
December 31, 2024	$	81
Additions	31
Acquisition fair value adjustment	(5)
Foreign currency	6
December 31, 2025	$	113

The Company recorded amortization expense of approximately $15 million, $12 million, and $19 million for the years ended December 31, 2025, 2024, and 2023, respectively, related to definite-lived intangible assets.

The Company currently estimates annual amortization expense to be as follows:


(In millions)
2026	$	17
2027	14
2028	8
2029	8
2030	8