v3.24.2
Goodwill, Spectrum License Transactions and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The change in the carrying amount of goodwill for the six months ended June 30, 2024, is as follows:
(in millions)Goodwill
Balance as of December 31, 2023, net of accumulated impairment losses of $10,984
$12,234 
Preliminary goodwill from the Ka’ena Acquisition in 2024781 
Balance as of June 30, 2024, net of accumulated impairment losses of $10,984
$13,015 
Schedule of Spectrum Licenses
The following table summarizes our spectrum license activity for the six months ended June 30, 2024:
(in millions)2024
Spectrum licenses, beginning of year$96,707 
Spectrum license acquisitions (1)
2,925 
Spectrum licenses transferred to held for sale(1,024)
Costs to clear spectrum53 
Spectrum licenses, end of period$98,661 
(1)As of June 30, 2024, $2.4 billion is included in Other current liabilities on our Condensed Consolidated Balance Sheets related to the closing of the first tranche of the License Purchase Agreement with Channel 51 License Co LLC and LB License Co, LLC discussed below.
Schedule of Other Intangible Assets
The components of Other intangible assets were as follows:
Useful LivesJune 30, 2024December 31, 2023
(in millions)Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Customer relationships (1)
Up to 8 years
$5,428 $(3,780)$1,648 $4,883 $(3,451)$1,432 
Reacquired rights
Up to 9 years
770 (277)493 770 (231)539 
Tradenames and patents (1)
Up to 19 years
325 (145)180 208 (134)74 
Favorable spectrum leases
Up to 27 years
672 (165)507 686 (148)538 
Other (1)
Up to 10 years
478 (328)150 353 (318)35 
Other intangible assets$7,673 $(4,695)$2,978 $6,900 $(4,282)$2,618 
(1)Includes intangible assets acquired in the Ka’ena Acquisition. See Note 2 - Business Combinations for more information.
Schedule of Estimated Aggregate Future Amortization Expense
The estimated aggregate future amortization expense for intangible assets subject to amortization is summarized below:
(in millions)Estimated Future Amortization
Twelve Months Ending June 30,
2025$841 
2026662 
2027489 
2028328 
2029210 
Thereafter448 
Total$2,978