v3.23.2
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2023
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, 2023 (in millions):
MobilityDeliveryFreightTotal Goodwill
Balance as of December 31, 2022$2,421 $4,405 $1,437 $8,263 
Reclass to Assets held for sale— (33)— (33)
Loss on disposal(9)— — (9)
Foreign currency translation and other adjustments(79)1 8 (70)
Balance as of June 30, 2023$2,333 $4,373 $1,445 $8,151 
Components of Intangible Assets, Net
The components of intangible assets, net were as follows (in millions, except years):
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
December 31, 2022
Consumer, Merchant and other relationships$1,825 $(506)$1,319 9
Developed technology921 (517)404 5
Trade name, trademarks and other247 (96)151 6
Intangible assets$2,993 $(1,119)$1,874 
Gross Carrying Value (1)
Accumulated Amortization (1)
Net Carrying Value (1)
Weighted Average Remaining Useful Life - Years
June 30, 2023
Consumer, Merchant and other relationships$1,798 $(598)$1,200 8
Developed technology890 (558)332 5
Trade name, trademarks and other159 (84)75 5
Intangible assets$2,847 $(1,240)$1,607 
(1) Excludes assets accounted for as held for sale.
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, 2023 is summarized below (in millions):
Estimated Future Amortization Expense
Year Ending December 31,
Remainder of 2023$169 
2024286 
2025253 
2026191 
2027175 
Thereafter526 
Total$1,600