INTANGIBLE ASSETS INCLUDING GOODWILL (Tables)

3 Months Ended

Mar. 31, 2022

INTANGIBLE ASSETS INCLUDING GOODWILL

Schedule total considerations transferred

(Dollars in millions)
Cash consideration	$	107
Non-controlling interest		102
Total enterprise value	$	209
Cash acquired	$	59
Net liabilities assumed, excluding cash		(16)
Deferred tax liabilities arising from acquired intangibles		(32)
Intangible assets *		107
Goodwill		91
Total purchase price allocation	$	209

Intangible asset balances by major asset class

	At March 31, 2022						At December 31, 2021
	Gross Carrying		Accumulated		Net Carrying		Gross Carrying		Accumulated		Net Carrying
(Dollars in millions)	Amount		Amortization		Amount		Amount		Amortization		Amount
Capitalized software	$	16	$	(16)	$	1	$	16	$	(13)	$	3
Customer relationships		229		(100)		129		130		(97)		33
Completed technology		20		(20)		—		20		(20)		—
Patents and trademarks		18		(2)		16		2		(2)		—
Total	$	283	$	(138)	$	145	$	169	$	(132)	$	36

Intangible assets, future amortization expense

	Capitalized		Customer		Patents and
(Dollars in millions)	Software		Relationships		Trademarks		Total
Year ending March 31:
2023	$	1	$	40	$	4	$	45
2024		—		28		3		31
2025		—		23		3		26
2026		—		19		3		23
2027		—		16		3		19
Thereafter		—		2		—		2

Changes in goodwill balances by reportable segment

			Additions and
(Dollars in millions)	Balance at		Other		Balance at
Segment	December 31, 2021		Adjustments		March 31, 2022
United States	$	—	$	—	$	—
Japan		415		91		506
Principal Markets		142		—		142
Strategic Markets		176		—		176
Total	$	732	$	91	$	823