Goodwill of $1.9 billion consisted of $1.3 billion in GM Financial and $571 million in GMNA at December 31, 2025. Goodwill of $1.9 billion consisted of $1.3 billion in GM Financial and $569 million in Cruise at December 31, 2024. During the three months ended March 31, 2025, $571 million of goodwill recorded in the Cruise segment was reallocated to the GMNA segment. The reallocation of the goodwill reflects the wind down of the Cruise robotaxi operations and combination of the GM and Cruise technical efforts in our GMNA segment to build on the success of Super Cruise and prioritize the development of ADAS on a path to fully autonomous personal vehicles. We performed goodwill impairment tests prior to and after the reallocation and determined that the goodwill was not impaired.


	December 31, 2025						December 31, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Technology and intellectual property	$	394	$	394	$	1	554		483		$	71
Brands	4,289		1,985		2,305		4,288		1,873		2,415
Dealer network, customer relationships, and other	950		801		148		957		793		164
Total intangible assets	$	5,633	$	3,179	$	2,454	$	5,799	$	3,149	$	2,649

Our amortization expense related to intangible assets was $145 million, $146 million, and $114 million in the years ended December 31, 2025, 2024, and 2023. In the year ended December 31, 2025, we recorded an insignificant amount of impairment charges associated with our EV strategic realignment. In the year ended December 31, 2024, we recorded $142 million of impairment charges related to the write-off of technology and intellectual property associated with Cruise.