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Goodwill and Intangible Assets, Net
 12 Months Ended
Dec. 31, 2020
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, 2017$3,921 
Foreign currency translation(63)
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 
_____________
(1)Balance at December 31, 2020 includes $3 of Goodwill recorded by Xerox Holdings.
Intangible Assets, Net
Intangible assets, net were $237 at December 31, 2020. Intangible assets were comprised of the following:
 December 31, 2020December 31, 2019
Weighted Average
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Net
Amount(1)
Gross
Carrying
Amount		Accumulated
Amortization		Net
Amount
Customer relationships10 years$185 $74 $111 $140 $86 $54 
Distribution network25 years123 103 20 123 99 24 
Trademarks19 years235 138 97 258 146 112 
Technology and non-compete9 years29 20 9 18 9 9 
Total Intangible Assets $572 $335 $237 $539 $340 $199 
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(1)Balance at December 31, 2020 includes $8 of Intangible assets, net, related to existing technology, recorded by Xerox Holdings.
Amortization expense related to intangible assets was $56, $45 and $48 for the three years ended December 31, 2020, 2019 and 2018, respectively. Amortization expense in 2020 includes $11 related to write-offs of certain XBS trade names that were discontinued. Excluding the impact of future acquisitions, amortization expense is expected to approximate $39 in 2021, 2022 and 2023, $36 in 2024 and $31 in 2025. The decrease from 2024 to 2025 is related to the distribution network, which is expected to be fully amortized by 2025.