17. Goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2015 and the year ended December 31, 2014 are as follows:


			North		Latin
	Europe		America		America		Other		Total
Balance as of December 31, 2014	$	926	$	723	$	239	$	5	$	1,893
Acquisitions				8		1,073				1,081
Translation effects		(64)		(16)		(97)				(177)
Balance as of September 30, 2015	$	862	$	715	$	1,215	$	5	$	2,797

Goodwill for the Asia Pacific segment is $0 and net of accumulated impairment losses of $1,135 million as of September 30, 2015 and December 31, 2014.

As a result of the Vitro Acquisition, the Company acquired $1,073 million of goodwill as of September 30, 2015. The purchase price allocation and the assignment of goodwill to the Company’s reporting units is not yet complete as of September 30, 2015 (see Note 15).

During the fourth quarter of 2014, the Company completed its annual impairment testing and determined that no impairment existed. The Company will complete its annual impairment testing for 2015 in the fourth quarter of 2015.