Intangible Assets

6 Months Ended

Jun. 30, 2022

Intangible assets disclosure [Abstract]

Intangible Assets

Note 4 – Intangible Assets

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

	June 30, 2022									December 31, 2021
	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	$	(168	)	$	2	$	133	$	299	$	(150	)	$	3	$	152
Trade names		2		(2	)		—		—		2		(1	)		—		1
Favorable contracts and leases, net		113		(44	)		—		69		113		(40	)		—		73
Other		36		(22	)		1		15		36		(21	)		1		16
Total finite-lived intangible assets		450		(236	)		3		217		450		(212	)		4		242
Indefinite-lived intangible assets:
Gigafactory Nevada water rights		15		—			—		15		15		—			—		15
Other		9		—			—		9		—		—			—		—
Total infinite-lived intangible assets		24		—			—		24		15		—			—		15
Total intangible assets	$	474	$	(236	)	$	3	$	241	$	465	$	(212	)	$	4	$	257

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

Six months ending December 31, 2022	$	25
2023		43
2024		28
2025		28
2026		27
Thereafter		66
Total	$	217