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Acquisitions, Goodwill, and Acquired Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Business Combinations [Abstract]  
Summary of Goodwill Activity The following summarizes our goodwill activity in 2021 and 2022 by segment (in millions):
North
America
InternationalAWSConsolidated
Goodwill - January 1, 2021$12,527 $1,288 $1,202 $15,017 
New acquisitions 230 60 76 366 
Other adjustments (1)(21)(12)
Goodwill - December 31, 202112,758 1,327 1,286 15,371 
New acquisitions3,943 1,054 — 4,997 
Other adjustments (1)(80)30 (30)(80)
Goodwill - December 31, 2022$16,621 $2,411 $1,256 $20,288 
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(1)Primarily includes changes in foreign exchange rates.
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Acquired identifiable intangible assets are valued primarily by using discounted cash flows. These assets are included within “Other assets” on our consolidated balance sheets and consist of the following (in millions):
 
 December 31,
 20212022
  
Acquired
Intangibles,
Gross (1)
Accumulated
Amortization (1)
Acquired
Intangibles,
Net
Acquired
Intangibles,
Gross (1)
Accumulated
Amortization (1)
Acquired
Intangibles,
Net
Weighted
Average Life
Remaining
Finite-lived intangible assets (2):
Marketing-related$2,286 $(548)$1,738 $2,407 $(601)$1,806 18.6
Contract-based2,327 (565)1,762 3,661 (813)2,848 12.8
Technology- and content-based976 (610)366 883 (643)240 3.2
Customer-related197 (103)94 184 (128)56 2.2
Total finite-lived intangible assets$5,786 $(1,826)$3,960 $7,135 $(2,185)$4,950 14.4
IPR&D and other (3)$1,147  $1,147 $1,147  $1,147 
Total acquired intangibles $6,933 $(1,826)$5,107 $8,282 $(2,185)$6,097 
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(1)Excludes the original cost and accumulated amortization of fully-amortized intangibles.
(2)Finite-lived intangible assets, excluding acquired video content, have estimated useful lives of between one and twenty-five years, and are being amortized to operating expenses on a straight-line basis.
(3)Intangible assets acquired in a business combination that are in-process and used in research and development activities are considered indefinite-lived until the completion or abandonment of the research and development efforts. Once the research and development efforts are completed, we determine the useful life and begin amortizing the assets.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Expected future amortization expense of acquired finite-lived intangible assets as of December 31, 2022 is as follows (in millions):
 
Year Ended December 31,
2023$530 
2024456 
2025371 
2026324 
2027314 
Thereafter2,955 
$4,950