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GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Activity in Goodwill
The following table summarizes the activity in goodwill for the periods indicated:
Three Months Ended March 31, 2020
MIS
MA
Consolidated
Gross goodwill
Accumulated impairment
charge
Net
goodwill
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Balance at beginning
of year
$315  $—  $315  $3,419  $(12) $3,407  $3,734  $(12) $3,722  
Additions/
adjustments (1)
—  —  —  497  —  497  497  —  497  
Foreign currency translation adjustments
(1) —  (1) (96) —  (96) (97) —  (97) 
Ending balance
$314  $—  $314  $3,820  $(12) $3,808  $4,134  $(12) $4,122  
Year Ended December 31, 2019
MIS
MA
Consolidated
Gross goodwill
Accumulated impairment
charge
Net
goodwill
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Gross goodwill
Accumulated
impairment
charge
Net
goodwill
Balance at beginning
of year
$258  $—  $258  $3,535  $(12) $3,523  $3,793  $(12) $3,781  
Additions/
adjustments (2)
53  —  53  61  —  61  114  —  114  
Foreign currency translation
adjustments
 —   (14) —  (14) (10) —  (10) 
Divestiture of MAKS—  —  —  (163) —  (163) (163) —  (163) 
Ending balance
$315  $—  $315  $3,419  $(12) $3,407  $3,734  $(12) $3,722  
(1) The 2020 additions/adjustments for the MA segment in the table above relate to the acquisition of RDC and RBA.
(2) The 2019 additions/adjustments for the MIS segment in the table above relate to the acquisitions of Vigeo Eiris and Four Twenty Seven. The 2019 additions/adjustments for the MA segment in the table above relate to the acquisition of RiskFirst and ABS Suite.
Acquired Intangible Assets and Related Amortization
Acquired intangible assets and related amortization consisted of:
March 31,
2020
December 31,
2019
Customer relationships
$1,460  $1,325  
Accumulated amortization
(244) (235) 
Net customer relationships
1,216  1,090  
Trade secrets
30  30  
Accumulated amortization
(28) (29) 
Net trade secrets
  
Software/product technology
361  372  
Accumulated amortization
(133) (131) 
Net software/product technology
228  241  
Trade names
149  150  
Accumulated amortization
(31) (30) 
Net trade names
118  120  
Other (1)
177  80  
Accumulated amortization
(32) (34) 
Net other
145  46  
Total acquired intangible assets, net
$1,709  $1,498  
(1) Other intangible assets primarily consist of databases, covenants not to compete, and acquired ratings methodologies and models.
Amortization Expense Relating to Acquired Intangible Assets
Amortization expense relating to acquired intangible assets is as follows:
Three Months Ended
March 31,
20202019
Amortization expense
$28  $26  
Estimated Future Amortization Expense for Acquired Intangible Assets Subject to Amortization
Estimated future amortization expense for acquired intangible assets subject to amortization is as follows:
Year Ending December 31,
2020 (After March 31,)
$89  
2021116  
2022115  
2023111  
2024104  
Thereafter1,174  
Total estimated future amortization$1,709