Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets, Net (Tables)

v3.24.0.1
Goodwill and Other Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill [Line Items]  
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
December 31,
2023 2022 Weighted average remaining life (years)
(in millions) Gross
cost
Accumulated
amortization
Other intangible assets, net Gross
cost
Accumulated
amortization
Other intangible assets, net
Purchased and internally developed software $ 1,052  (784) 268  962  (670) 292  2.1
Affiliate and customer relationships 2,825  (2,684) 141  2,818  (2,630) 188  3.0
Debt origination fees (5) (3) 2.8
Tradenames (indefinite life) 2,698  —  2,698  2,698  —  2,698  N/A
$ 6,584  (3,473) 3,111  6,487  (3,303) 3,184 
Schedule of finite-lived intangible assets future amortization expense
As of December 31, 2023, the related amortization and interest expense for each of the next five years ending December 31 was as follows (in millions):
2024 $ 183 
2025 138 
2026 87 
2027
2028 —