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Goodwill & Other Intangible Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill & Other Intangible Assets
10. GOODWILL & OTHER INTANGIBLE ASSETS
Goodwill Carrying Value as of December 31, 2019
 
Commercial Lines
Personal Lines
Hartford Funds
Group Benefits
Corporate [1]
Total
Balance at December 31, 2017
$
38

$
119

$
180

$
723

$
230

$
1,290

Goodwill related to acquisitions
—

—

—

—

—

—

Balance at December 31, 2018
$
38

$
119

$
180

$
723

$
230

$
1,290

Goodwill related to acquisitions [2]
623

—

—

—

—

623

Balance at December 31, 2019
$
661

$
119

$
180

$
723

$
230

$
1,913


[1]
The Corporate category includes goodwill that was acquired at a holding company level and not pushed down to a subsidiary within a reportable segment. Carrying value of goodwill within Corporate as of December 31, 2019, 2018, and 2017 includes $138 and $92 for the Group Benefits and Hartford Funds reporting units, respectively.
[2]
For further discussion on goodwill related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions of Notes to Consolidated Financial Statements.
The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2019, 2018, and 2017, which resulted in no write-downs of goodwill in the respective
years then ended. In 2019, all reporting units passed the first step of their annual impairment test with a significant margin.
Other Intangible Assets

As of December 31, 2019
 
As of December 31, 2018

Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
 
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Amortized Intangible Assets:



 



Value of in-force contracts [1]
$
203

$
(125
)
$
78

 
$
23

$
(23
)
$
—

Customer relationships [2]
636

(92
)
544

 
636

(49
)
587

Marketing agreement with Aetna
16

(2
)
14

 
16

(1
)
15

Distribution Agreement
79

(61
)
18

 
79

(56
)
23

Distribution and Agency relationships & Other [3] [4]
340

(19
)
321

 
21

(3
)
18

Total Finite Life Intangibles
1,274

(299
)
975

 
775

(132
)
643

Total Indefinite Life Intangible Assets [5]
95

—

95

 
14

—

14

Total Other Intangible Assets
$
1,369

$
(299
)
$
1,070

 
$
789

$
(132
)
$
657


[1]
On May 23, 2019, the Company acquired Navigators Group and recorded a value of in-force-contracts intangible asset of $180 which will be amortized over 3 years. For further discussion on the value of in-force-contracts related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions of Notes to Consolidated Financial Statements.
[2]
On February 16, 2018, The Company entered into a renewal rights agreement with Farmers Exchanges of the Farmers Group of Companies to acquire its Foremost-branded small commercial business sold through independent agents. In connection with the renewal rights agreement, the Company recorded a customer relationships intangible asset of $46 which will be amortized over 10 years.
[3]
On December 1, 2018, the Company acquired Y-Risk LLC and recorded an agency relationships intangible asset of $12 which will be amortized over 15 years.
[4]
On May 23, 2019, the Company acquired Navigators Group and recorded other intangible assets of $302 for distribution relationships and $17 for the trade name. The distribution relationships and trade name will be amortized over 15 years and 10 years, respectively. For further discussion on the value of distribution relationships and trade name related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions of Notes to Consolidated Financial Statements.
[5]
On May 23, 2019, the Company acquired Navigators Group and recorded an indefinite life intangible asset of $66 related to the capacity to write business through its Lloyd's Syndicate and recorded an indefinite life intangible of $15 for licenses . For further discussion on the indefinite life intangible assets related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions of Notes to Consolidated Financial Statements.
Expected Pre-tax Amortization Expense [1] for Acquired Intangibles as of December 31, 2019
 
Value of In-force Contracts
Other Intangible Assets
2020
$
47

$
74

2021
$
21

$
74

2022
$
10

$
74

2023
$
—

$
74

2024
$
—

$
74


[1]
In the Consolidated Statements of Operations, the amortization of value of in-force contracts is reported in amortization of deferred policy acquisition costs and the amortization of other intangible assets is reported in amortization of other intangible assets.