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Goodwill and Other Intangible Assets, Net
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
Goodwill activity for the three months ended March 31, 2021 is as follows (in millions):

Segments
Net Book Value at December 31, 2020
Foreign
Exchange and Other
Gross
Carrying
Amount
Accumulated
Impairment
Charges
Net Book Value at
March 31, 2021
Home Appliances$— $— $569 $(569)$— 
Commercial Solutions747 — 1,241 (494)747 
Home Solutions164 — 2,567 (2,403)164 
Learning and Development2,642 (28)3,460 (846)2,614 
Outdoor and Recreation— — 788 (788)— 
$3,553 $(28)$8,625 $(5,100)$3,525 

During the first quarter of 2020, the Company concluded that a triggering event had occurred for all of its reporting units as a result of the COVID-19 global pandemic. Pursuant to the authoritative literature, the Company performed an impairment test and determined that its goodwill associated with its Home Appliances and Food reporting units were impaired. During the three months ended March 31, 2020, the Company recorded an aggregate non-cash charge of $212 million to reflect the impairments of goodwill as the reporting unit carrying values exceeded their fair values. See Footnote 1 for further information.

Other intangible assets, net, are comprised of the following at the dates indicated (in millions):

March 31, 2021December 31, 2020
Gross
Carrying
Amount
Accumulated Amortization
Net Book
Value
Gross
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Trade names — indefinite life$2,305 $— $2,305 $2,331 $— $2,331 
Trade names — other154 (56)98 157 (55)102 
Capitalized software632 (498)134 625 (486)139 
Patents and intellectual property67 (55)12 67 (52)15 
Customer relationships and distributor channels1,253 (296)957 1,259 (282)977 
$4,411 $(905)$3,506 $4,439 $(875)$3,564 

Amortization expense for intangible assets were $34 million and $43 million for the three months ended March 31, 2021 and 2020, respectively.

As a result of the impairment testing performed in connection with the COVID-19 pandemic triggering event during the first quarter of 2020, the Company determined that certain of its indefinite-lived intangible assets in all of its operating segments were impaired. During the three months ended March 31, 2020, the Company recorded impairment charges of $1.3 billion to reflect impairment of these indefinite-lived trade names because their carrying values exceeded their fair values.

The impairment charges for the three months ended March 31, 2020 were allocated to the Company’s reporting segments as follows (in millions):

Impairment of indefinite-lived intangibles assets:
Home Appliances$87 
Commercial Solutions320 
Home Solutions290 
Learning and Development78 
Outdoor and Recreation482 
$1,257 
The Company believes the circumstances and global disruption caused by COVID-19 will continue to affect its businesses, operating results, cash flows and financial condition and that the scope and duration of the pandemic is highly uncertain. In addition, some of the other inherent estimates and assumptions used in determining fair value of the reporting units are outside the control of management, including interest rates, cost of capital, tax rates, industry growth, credit ratings, foreign exchange rates, and labor inflation. Given the uncertainty of these factors, as well as the inherent difficulty in predicting the severity and duration of the COVID-19 global pandemic and associated recovery and the uncertainties regarding the potential financial impact on the Company's business and the overall economy, there can be no assurance that the Company's estimates and assumptions will prove to be accurate predictions of the future. See Footnote 1 for further information.