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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Note 12. Goodwill and Intangible Assets The following table presents the net carrying amount of goodwill allocated by segment, and changes during 2022:
(In millions) |  | Balance at December 31, 2021 |  |  | Acquisitions |  |  | Divestitures |  |  | Translation |  |  | Balance at December 31, 2022 |
Americas(1) |  | $ | 709 |  |  | $ | 15 |  |  | $ | — |  |  | $ | — |  |  | $ | 724 |
Europe, Middle East and Africa |  |  | 231 |  |  |  | 18 |  |  |  | (3 | ) |  |  | (14 | ) |  |  | 232 |
Asia Pacific |  |  | 64 |  |  |  | — |  |  |  | — |  |  |  | (6 | ) |  |  | 58 |
|  | $ | 1,004 |  |  | $ | 33 |  |  | $ | (3 | ) |  | $ | (20 | ) |  | $ | 1,014 |
The following table presents the net carrying amount of goodwill allocated by segment, and changes during 2021:
(In millions) |  | Balance at December 31, 2020 |  |  | Acquisitions |  |  | Divestitures |  |  | Translation |  |  | Balance at December 31, 2021 |
Americas(1) |  | $ | 91 |  |  | $ | 618 |  |  | $ | — |  |  | $ | — |  |  | $ | 709 |
Europe, Middle East and Africa |  |  | 250 |  |  |  | — |  |  |  | — |  |  |  | (19 | ) |  |  | 231 |
Asia Pacific |  |  | 67 |  |  |  | — |  |  |  | — |  |  |  | (3 | ) |  |  | 64 |
|  | $ | 408 |  |  | $ | 618 |  |  | $ | — |  |  | $ | (22 | ) |  | $ | 1,004 |
(1) The increase during 2022 and 2021 was due to the acquisition of Cooper Tire. For further information, refer to Note to the Consolidated Financial Statements No. 2, Cooper Tire Acquisition. The following table presents information about intangible assets at December 31:
|  | 2022 |  |  | 2021 |
(In millions) |  | Gross Carrying Amount(1) |  |  | Accumulated Amortization(1) |  |  | Net Carrying Amount |  |  | Gross Carrying Amount(1) |  |  | Accumulated Amortization(1) |  |  | Net Carrying Amount |
Intangible assets with indefinite lives |  | $ | 687 |  |  | $ | (6 | ) |  | $ | 681 |  |  | $ | 684 |  |  | $ | (6 | ) |  | $ | 678 |
Customer relationships |  |  | 350 |  |  |  | (48 | ) |  |  | 302 |  |  |  | 350 |  |  |  | (18 | ) |  |  | 332 |
Other intangible assets |  |  | 31 |  |  |  | (20 | ) |  |  | 11 |  |  |  | 32 |  |  |  | (17 | ) |  |  | 15 |
Trademarks and patents |  |  | 30 |  |  |  | (20 | ) |  |  | 10 |  |  |  | 32 |  |  |  | (18 | ) |  |  | 14 |
|  | $ | 1,098 |  |  | $ | (94 | ) |  | $ | 1,004 |  |  | $ | 1,098 |  |  | $ | (59 | ) |  | $ | 1,039 |
(1) Includes impact of foreign currency translation. Intangible assets are primarily comprised of the rights to use the Cooper and Dunlop brand names and related trademarks, Cooper Tire customer relationships, and certain other brand names and trademarks. Amortization expense for intangible assets totaled $35 million in 2022, $21 million in 2021 and $2 million in 2020. We estimate that annual amortization expense related to intangible assets will be $34 million in 2023, and an average of $31 million in 2024 through 2027. The weighted average remaining amortization period is approximately 10 years. Our annual impairment analyses for 2022 and 2021, including the acquisition of Cooper Tire, indicated no impairment of goodwill or intangible assets with indefinite lives. In 2020, we recorded a non-cash goodwill impairment charge of $182 million related to our EMEA reporting unit.

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