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Intangible Assets
12 Months Ended
Dec. 31, 2022
Computer software [member]  
Statement [LineItems]  
Intangible Assets
Note 16: Computer Software
Computer software consists of the following:
 
    
                2022
   
                            2021
 
Cost:
               
Balance as of January 1,
 
 
4,918
 
    4,771  
Additions:
               
Internally developed
 
 
519
 
    460  
Purchased
 
 
2
 
    3  
Acquisitions
 
 
74
 
    -  
Removed from service
 
 
(24)
 
    (344)  
Disposals of businesses
 
 
(91)
 
    (24)  
Translation and other, net
 
 
(13)
 
    52  
Balance as of December 31,
 
 
5,385
 
    4,918  
Accumulated amortization:
               
Balance as of January 1,
 
 
(4,096)
 
    (3,941)  
Amortization
 
 
(485)
 
    (474)  
Removed from service
 
 
24
 
    344  
Disposals of businesses
 
 
81
 
    19  
Translation and other, net
 
 
13
 
    (44)  
Balance as of December 31,
 
 
(4,463)
 
    (4,096)  
                 
Carrying amount as of December 31:
 
 
922
 
    822  
Other identifiable intangible assets [member]  
Statement [LineItems]  
Intangible Assets
Note 17: Other Identifiable Intangible Assets
 
    
Indefinite    
Useful Life    
         
Finite Useful Life
             
                 
     
Trade Names
         
Trade Names
   
Customer
Relationships
   
Databases and
Content
   
Other
         
Total
 
Cost:
                                                                
December 31, 2020
     2,646               147       1,844       640       743               6,020  
Acquisitions
     -               -       -       -       23               23  
Removed from service
     -               (7)       (3)       (1)       (5)               (16)  
Disposals of businesses
     -               (9)       (17)       -       -               (26)  
Translation and other, net
     -               (1)       (9)       (1)       (3)               (14)  
December 31, 2021
  
 
2,646
 
         
 
130
 
 
 
1,815
 
 
 
638
 
 
 
758
 
         
 
5,987
 
Acquisitions
  
 
-
 
         
 
-
 
 
 
2
 
 
 
-
 
 
 
-
 
         
 
2
 
Removed from service
  
 
-
 
         
 
-
 
 
 
(1)
 
 
 
-
 
 
 
-
 
         
 
(1)
 
Disposals of businesses
  
 
-
 
         
 
-
 
 
 
(5)
 
 
 
-
 
 
 
-
 
         
 
(5)
 
Translation and other, net
  
 
-
 
         
 
-
 
 
 
(44)
 
 
 
(8)
 
 
 
(19)
 
         
 
(71)
 
December 31, 2022
  
 
2,646
 
         
 
130
 
 
 
1,767
 
 
 
630
 
 
 
739
 
         
 
5,912
 
                 
Accumulated amortization:
                                                                
December 31, 2020
     -               (117)       (1,204)       (542)       (730)               (2,593)  
Amortization
     -               (10)       (82)       (20)       (7)               (119)  
Removed from service
     -               7       3       1       5               16  
Disposals of businesses
     -               9       17       -       -               26  
Translation and other, net
     -               1       8       1       4               14  
December 31, 2021
  
 
-
 
         
 
(110)
 
 
 
(1,258)
 
 
 
(560)
 
 
 
(728)
 
         
 
(2,656)
 
Amortization
  
 
-
 
         
 
(9)
 
 
 
(64)
 
 
 
(20)
 
 
 
(6)
 
         
 
(99)
 
Removed from service
  
 
-
 
         
 
-
 
 
 
1
 
 
 
-
 
 
 
-
 
         
 
1
 
Disposals of businesses
  
 
-
 
         
 
-
 
 
 
5
 
 
 
-
 
 
 
-
 
         
 
5
 
Translation and ot
h
er, net
  
 
-
 
         
 
1
 
 
 
29
 
 
 
7
 
 
 
19
 
         
 
56
 
December 31, 2022
  
 
-
 
         
 
(118)
 
 
 
(1,287)
 
 
 
(573)
 
 
 
(715)
 
         
 
(2,693)
 
Carrying amount:
                                                                
December 31, 2021
     2,646               20       557       78       30               3,331  
December 31, 2022
  
 
2,646
 
 
 
 
 
 
 
12
 
 
 
480
 
 
 
57
 
 
 
24
 
 
 
 
 
 
 
3,219
 
The carrying amount of indefinite-lived trade names as of December 31, 2022 and 2021 was comprised of the Reuters and West tradenames in the amounts of $1,939 million and $707 million, respectively.
Due to widespread brand recognition, long history and expected future use, these trade names have been assigned indefinite lives. For purposes of impairment testing, the West trade name was allocated to the Legal Professionals, Corporates and Global Print CGUs as it primarily benefits those CGUs. The Reuters trade name is considered a corporate asset, because it is used in the Company’s name, and therefore its carrying value was compared to the combined excess fair value of all the Company’s CGUs. The Company performed its annual test for impairment as of October 1, 2022. No impairment was recorded. See note 18.