GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in goodwill for the nine months ended September 30, 2022 and for the year ended December 31, 2021 were as follows:


	September 30, 2022		December 31, 2021
Balance, beginning of period	$	7,095	$	6,873
Goodwill acquired during the period	97		228
Adjustments to goodwill	(2)		(6)



Balance, end of period	$	7,190	$	7,095

Principally all of the Company’s goodwill as of September 30, 2022 and December 31, 2021 was associated with its DIS business.

For the nine months ended September 30, 2022, goodwill acquired was principally associated with the acquisition of Pack Health, and adjustments to goodwill primarily related to foreign currency translation, largely offset by an adjustment of the purchase price allocation for Labtech (see Note 4). For the year ended December 31, 2021, goodwill acquired was principally associated with the acquisitions of the assets of the outreach laboratory services business of Mercy Health and the assets of Labtech (see Note 5 to the audited consolidated financial statements in the Company's 2021 Annual Report on Form 10-K), and adjustments to goodwill related to foreign currency translation.

Intangible assets as of September 30, 2022 and December 31, 2021 consisted of the following:


	Weighted Average Amortization Period (in years)	September 30, 2022						December 31, 2021
		Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Amortizing intangible assets:
Customer-related	17	$	1,608	$	(796)	$	812	$	1,581	$	(726)	$	855
Non-compete agreements	9	3		(3)		—		3		(2)		1
Technology	15	137		(80)		57		141		(74)		67
Other	6	114		(104)		10		109		(101)		8
Total	17	1,862		(983)		879		1,834		(903)		931

Intangible assets not subject to amortization:
Trade names		235		—		235		235		—		235

Other		1		—		1		1		—		1
Total intangible assets		$	2,098	$	(983)	$	1,115	$	2,070	$	(903)	$	1,167

The estimated amortization expense related to amortizable intangible assets for each of the five succeeding fiscal years and thereafter as of September 30, 2022 is as follows:


Year Ending December 31,
Remainder of 2022	$	27
2023	105
2024	102
2025	100
2026	95
2027	84
Thereafter	366
Total	$	879