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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

Information regarding our intangible assets including assets recognized from our acquisitions was as follows (in millions):

 

 

 

June 30, 2021

 

 

December 31, 2020

 

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Other

 

 

Net Carrying
Amount

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Other

 

 

Net Carrying
Amount

 

Finite-lived
   intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

299

 

 

$

(131

)

 

$

4

 

 

$

172

 

 

$

302

 

 

$

(111

)

 

$

3

 

 

$

194

 

Trade names

 

 

2

 

 

 

(1

)

 

 

 

 

 

1

 

 

 

3

 

 

 

(1

)

 

  —

 

 

 

2

 

Favorable contracts and
   leases, net

 

 

113

 

 

 

(36

)

 

 

 

 

 

77

 

 

 

113

 

 

 

(32

)

 

  —

 

 

 

81

 

Other

 

 

36

 

 

 

(19

)

 

 

1

 

 

 

18

 

 

 

38

 

 

 

(18

)

 

 

1

 

 

 

21

 

Total finite-lived
   intangible assets

 

 

450

 

 

 

(187

)

 

 

5

 

 

 

268

 

 

 

456

 

 

 

(162

)

 

 

4

 

 

 

298

 

Indefinite-lived
   intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gigafactory Nevada
   water rights

 

 

15

 

 

 

 

 

 

 

 

 

15

 

 

 

15

 

 

 

 

 

 

 

 

 

15

 

Total intangible assets

 

$

465

 

 

$

(187

)

 

$

5

 

 

$

283

 

 

$

471

 

 

$

(162

)

 

$

4

 

 

$

313

 

Total Future Amortization Expense for Finite-lived Intangible Assets

Total future amortization expense for finite-lived intangible assets was estimated as follows (in millions):

 

Six months ending December 31, 2021

 

$

25

 

2022

 

50

 

2023

 

43

 

2024

 

28

 

2025

 

 

28

 

Thereafter

 

94

 

Total

 

$

268