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Goodwill and Intangible Assets, Net
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill
The following table presents the changes in the carrying amount of Goodwill:
 Total
Balance at December 31, 2018$3,858 
Foreign currency translation28 
Acquisitions14 
Balance at December 31, 2019$3,900 
Foreign currency translation60 
Acquisitions:
U.K. Acquisitions98 
Canada Acquisition10 
Other3 
Balance at December 31, 2020(1)
$4,071 
Foreign currency translation(23)
Acquisitions:
U.S. Acquisitions9 
Canada Acquisition16 
Goodwill impairment(2)
(781)
Other(5)
Balance at December 31, 2021$3,287 
_____________
(1)CareAR Holdings, LLC was transferred from Xerox Holdings to Xerox in 2021. Accordingly, the balance at December 31, 2020 reflects the balance for both Xerox Holdings and Xerox.
(2)Non-cash, pre-tax Goodwill impairment charge of $781 ($750 after-tax).
After completing our annual impairment test in the fourth quarter of 2021, we concluded that the estimated fair value of the Company had declined below its carrying value. As a result, we recognized an after-tax non-cash impairment charge of $750 ($781 pre-tax) related to our Goodwill for the year ended December 31, 2021.
Refer to Note 1 - Basis of Presentation and Summary of Significant Accounting Policies for additional information related to the Goodwill impairment.
Intangible Assets, Net
Intangible assets, net were $211 at December 31, 2021. Intangible assets were comprised of the following:
 December 31, 2021December 31, 2020
Weighted Average
Amortization		Gross
Carrying
Amount		Accumulated
Amortization		Net
Amount		Gross
Carrying
Amount		Accumulated
Amortization
Net
Amount(1)
Customer relationships10 years$211 $95 $116 $185 $74 $111 
Distribution network25 years123 108 15 123 103 20 
Trademarks19 years237 164 73 235 138 97 
Technology and non-compete3 years15 8 7 29 20 9 
Total Intangible Assets $586 $375 $211 $572 $335 $237 
_____________
(1)CareAR Holdings, LLC was transferred from Xerox Holdings to Xerox in 2021. Accordingly, the balances at December 31, 2020 reflect the balances for both Xerox Holdings and Xerox.
Amortization expense related to intangible assets was $55, $56 and $45 for the three years ended December 31, 2021, 2020 and 2019, respectively. Excluding the impact of future acquisitions, amortization expense is expected to approximate $43 in 2022, $40 in 2023, $38 in 2024, $33 in 2025 and $33 in 2026. Distribution network assets are expected to be fully amortized by 2025.