v3.21.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill by Segment
The following table presents the changes in the carrying value of goodwill by reportable segment for the six months ended June 30, 2021 (in millions):
MobilityDeliveryFreightTotal Goodwill
Balance as of December 31, 2020$2,562 $3,547 $— $6,109 
Acquisitions98 53 — 151 
Measurement period adjustment (1)
— 183 — 183 
Foreign currency translation adjustment6 (1)— 5 
Balance as of June 30, 2021$2,666 $3,782 $— $6,448 
(1) Refer to Note 15 – Business Combinations.
Components of Intangible Assets, Net
The components of intangible assets, net as of December 31, 2020 and June 30, 2021 were as follows (in millions, except years):
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
December 31, 2020
Rider and Merchant relationships$1,007 $(81)$926 8
Developed technology529 (69)460 2
Trade names and trademarks183 (16)167 7
Patents15 (6)9 8
Other5 (3)2 0
Intangible assets$1,739 $(175)$1,564 
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
June 30, 2021
Rider and Merchant relationships$1,051 $(172)$879 4
Developed technology492 (158)334 2
Trade names and trademarks184 (30)154 6
Patents15 (6)9 7
Other5 (3)2 0
Intangible assets$1,747 $(369)$1,378 
Estimated Aggregate Amortization Expense for Intangible Assets Subject to Amortization
The estimated aggregate future amortization expense for intangible assets subject to amortization as of June 30, 2021 is summarized below (in millions):
Estimated Future Amortization Expense
Year Ending December 31,
Remainder of 2021$208 
2022359 
2023199 
2024152 
2025132 
Thereafter315 
Total$1,365