GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

The carrying amount of goodwill for our reportable segments has been retrospectively adjusted to conform to the 2022 business segment realignment as discussed in Note 1. There was no impairment. Changes in the carrying amount of goodwill for our reportable segments for the years ended December 31, 2022 and 2021 were as follows:

	Insurance		CenterWell		Total
	(in millions)
Balance at January 1, 2021	$	1,892	$	2,555	$	4,447
Acquisitions	398		6,247		6,645
Balance at December 31, 2021	2,290		8,802		11,092
Acquisitions	182		199		381
Dispositions	—		(2,331)		(2,331)
Balance at December 31, 2022	$	2,472	$	6,670	$	9,142

The following table presents details of our other intangible assets included in other long-term assets in the accompanying consolidated balance sheets at December 31, 2022 and 2021:

	Weighted Average Life	2022						2021
		Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
		(in millions)
Other intangible assets:
Certificates of need	Indefinite	$	1,132	$	—	$	1,132	$	1,771	$	—	$	1,771
Medicare licenses	Indefinite	286		—		286		522		—		522
Customer contracts/relationships	9.3 years	929		673		256		883		620		263
Trade names and technology	6.7 years	142		107		35		160		97		63
Provider contracts	11.6 years	73		63		10		72		57		15
Noncompetes and other	8.4 years	86		40		46		35		30		5
Total other intangible assets	9.1 years	$	2,648	$	883	$	1,765	$	3,443	$	804	$	2,639

Amortization expense for other intangible assets was approximately $81 million in 2022, $65 million in 2021, and $88 million in 2020.

The following table presents our estimate of amortization expense for each of the five next succeeding fiscal years:

	(in millions)
2023	$	63
2024	55
2025	53
2026	41
2027	31