v3.24.2
Intangible Assets
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets, net consists of the following (in millions):
 June 30, 2024December 31, 2023
Developed technology$557 $516 
Patents73 72 
Other11 11 
Intangible assets, gross641 599 
Less: accumulated amortization(421)(375)
Intangible assets, net$220 $224 

The weighted-average useful life of the acquired developed technology for the six months ended June 30, 2024 and 2023 was approximately five years. Amortization expense for intangible assets for the three months ended June 30, 2024 and 2023 was $24 million and $22 million, respectively, and for the six months ended June 30, 2024 and 2023 was $48 million and $42 million, respectively.
The following table presents the estimated future amortization expense related to intangible assets held at June 30, 2024 (in millions):
Years Ending December 31,
Remainder of 2024$44 
202572 
202642 
202727 
202823 
Thereafter12 
Total future amortization expense$220