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GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS GOODWILL AND OTHER ACQUIRED INTANGIBLE ASSETS
The following table summarizes the activity in goodwill for the periods indicated:
Six Months Ended June 30, 2023
MAMISConsolidated
Gross goodwillAccumulated
impairment
charge
Net
goodwill
Gross goodwillAccumulated impairment
charge
Net
goodwill
Gross goodwillAccumulated
impairment
charge
Net
goodwill
Balance at beginning
of year
$5,474 $(12)$5,462 $377 $ $377 $5,851 $(12)$5,839 
Additions/
adjustments (1)
90  90 (87) (87)3  3 
Foreign currency translation adjustments85  85 (1) (1)84  84 
Ending balance$5,649 $(12)$5,637 $289 $ $289 $5,938 $(12)$5,926 
Year Ended December 31, 2022
MAMISConsolidated
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
$5,615 $(12)$5,603 $396 $— $396 $6,011 $(12)$5,999 
Additions/
adjustments (2)
88 — 88 — 92 — 92 
Foreign currency translation
adjustments
(229)— (229)(23)— (23)(252)— (252)
Ending balance$5,474 $(12)$5,462 $377 $— $377 $5,851 $(12)$5,839 
(1) The 2023 additions/adjustments primarily relate to a reallocation of goodwill pursuant to a realignment of certain components of the Company's ESG business in the first quarter of 2023.
(2) The 2022 additions/adjustments for the MA segment in the table above primarily relate to the acquisition of kompany in the first quarter of 2022.
Acquired intangible assets and related amortization consisted of:
June 30,
2023
December 31,
2022
Customer relationships$2,055 $2,024 
Accumulated amortization(507)(453)
Net customer relationships1,548 1,571 
Software/product technology670 661 
Accumulated amortization(326)(283)
Net software/product technology344 378 
Database178 178 
Accumulated amortization(73)(64)
Net database105 114 
Trade names199 197 
Accumulated amortization(65)(58)
Net trade names134 139 
Other (1)
52 52 
Accumulated amortization(45)(44)
Net other7 
Total acquired intangible assets, net$2,138 $2,210 
(1) Other intangible assets primarily consist of trade secrets, covenants not to compete, and acquired ratings methodologies and models.
Amortization expense relating to acquired intangible assets is as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Amortization expense
$50 $51 $101 $102