Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Net Carrying Amount of Goodwill by Operating Segment

The changes in the net carrying amount of goodwill for the nine months ended September 30, 2023 are as follows (in millions):

Balance as of December 31, 2022	$	8,292
Goodwill related to current year acquisitions	9
Foreign currency translation and other	(56)
Balance as of September 30, 2023	$	8,245

Schedule of Other Intangible Assets by Asset Class

Other intangible assets by asset class are as follows (in millions):

	September 30, 2023						December 31, 2022
	Gross Carrying Amount		Accumulated Amortization and Impairment		Net Carrying Amount (1)		Gross Carrying Amount		Accumulated Amortization and Impairment		Net Carrying Amount
Customer-related and contract-based	$	1,851	$	1,653	$	198	$	2,207	$	1,833	$	374
Technology and other (2)	369		315		54		450		377		73
Total	$	2,220	$	1,968	$	252	$	2,657	$	2,210	$	447

(1)As of September 30, 2023, the Company classified $143 million of Intangible assets, net, as assets held for sale within Other current assets. Refer to Note 7 “Acquisitions and Dispositions of Businesses” for further information.

(2)December 31, 2022 includes $14 million of fully amortized intangible assets previously classified as Tradenames which have been reclassified within Technology and other, within Intangibles assets, net.

Schedule of Estimated Future Amortization Expense on Intangible Assets

The estimated future amortization for finite-lived intangible assets as of September 30, 2023 is as follows (in millions):

Remainder of 2023	$	19
2024	64
2025	54
2026	35
2027	23
2028	18
Thereafter	39
Total	$	252