Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following summarizes the Company's goodwill (in millions):

	March 31, 2023		December 31, 2022
Balance at the beginning of the period:
Goodwill	$	1,088	$	907
Accumulated impairment losses	(669)		(675)
	419		232
Additions	41		190
Currency translation	—		(3)
Balance at the end of the period:
Goodwill	1,129		1,088
Accumulated impairment losses	(669)		(669)
	$	460	$	419

Schedule of Intangible Assets, Net (Finite Lived)

Intangible assets, net, consisted of the following major classes (in millions):

	March 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	204	$	(45)	$	159
Internally developed software(a)	59		(41)		18
Total	263		(86)		177
Indefinite-lived intangible assets:
Trade name	270		—		270
Total intangible assets, net	$	533	$	(86)	$	447

(a) Includes capitalized costs of $3 million yet to be placed into service.

	December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	181	$	(38)	$	143
Internally developed software(a)	57		(39)		18
Total	238		(77)		161
Indefinite-lived intangible assets:
Trade name	270		—		270
Total intangible assets, net	$	508	$	(77)	$	431

(a) Includes capitalized costs of $3 million yet to be placed into service.

Schedule of Intangible Assets, Net (Indefinite-Lived)

Intangible assets, net, consisted of the following major classes (in millions):

	March 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	204	$	(45)	$	159
Internally developed software(a)	59		(41)		18
Total	263		(86)		177
Indefinite-lived intangible assets:
Trade name	270		—		270
Total intangible assets, net	$	533	$	(86)	$	447

(a) Includes capitalized costs of $3 million yet to be placed into service.

	December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Finite-lived intangible assets:
Customer-related and non-compete agreements	$	181	$	(38)	$	143
Internally developed software(a)	57		(39)		18
Total	238		(77)		161
Indefinite-lived intangible assets:
Trade name	270		—		270
Total intangible assets, net	$	508	$	(77)	$	431

(a) Includes capitalized costs of $3 million yet to be placed into service.