GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in goodwill for the six months ended June 30, 2022 and for the year ended December 31, 2021 were as follows:


	June 30, 2022		December 31, 2021
Balance, beginning of period	$	7,095	$	6,873
Goodwill acquired during the period	97		228
Adjustments to goodwill	3		(6)



Balance, end of period	$	7,195	$	7,095

Principally all of the Company’s goodwill as of June 30, 2022 and December 31, 2021 was associated with its DIS business.

For the six months ended June 30, 2022, goodwill acquired was principally associated with the acquisition of Pack Health, and adjustments to goodwill primarily related to an adjustment of the purchase price allocation for Labtech (see Note 4), partially offset by foreign currency translation. For the year ended December 31, 2021, goodwill acquired was principally associated with the acquisitions of the assets of the outreach laboratory services business of Mercy Health and the assets of Labtech (see Note 5 to the audited consolidated financial statements in the Company's 2021 Annual Report on Form 10-K), and adjustments to goodwill related to foreign currency translation.

Intangible assets as of June 30, 2022 and December 31, 2021 consisted of the following:


	Weighted Average Amortization Period (in years)	June 30, 2022						December 31, 2021
		Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Amortizing intangible assets:
Customer-related	17	$	1,609	$	(773)	$	836	$	1,581	$	(726)	$	855
Non-compete agreements	9	3		(3)		—		3		(2)		1
Technology	14	139		(78)		61		141		(74)		67
Other	6	114		(103)		11		109		(101)		8
Total	17	1,865		(957)		908		1,834		(903)		931

Intangible assets not subject to amortization:
Trade names		235		—		235		235		—		235

Other		1		—		1		1		—		1
Total intangible assets		$	2,101	$	(957)	$	1,144	$	2,070	$	(903)	$	1,167

The estimated amortization expense related to amortizable intangible assets for each of the five succeeding fiscal years and thereafter as of June 30, 2022 is as follows:


Year Ending December 31,
Remainder of 2022	$	53
2023	106
2024	102
2025	101
2026	95
2027	84
Thereafter	367
Total	$	908