v3.25.4
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill

The changes in the carrying amount of goodwill in 2024 and 2025 were as follows (in millions):

Amount
Balance as of December 31, 2023$752 
Foreign currency translation adjustments(2)
Balance as of December 31, 2024750 
Foreign currency translation adjustments
Balance as of December 31, 2025$754 

Intangible Assets

As of December 31, 2024 and 2025, intangible assets, net were $27 million and $16 million, respectively, net of accumulated amortization of $67 million and $78 million, respectively. The estimated future amortization expense of $16 million will be amortized through 2029. Amortization expense related to intangible assets was immaterial in 2023, 2024, and 2025.