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Goodwill And Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill And Intangible Assets [Abstract]  
Goodwill And Intangible Assets Note 7. Goodwill and Intangible Assets

Goodwill and indefinite-lived intangible assets, primarily trade names, are not amortized and are subject to assessment for impairment by applying a fair-value based test on an annual basis or more frequently if circumstances indicate a potential impairment. There were no impairment charges recorded in the three and nine months ended September 30, 2020 and 2019. There were no accumulated impairment losses recorded as of September 30, 2020. Customer relationships and Other intangible assets, which primarily includes trade names subject to amortization, are amortized over their respective useful lives. The table below summarizes the goodwill balances for continuing operations by reportable segment and European Pest Control and Other:

European Pest

(In millions)

Terminix

Control and Other(1)

Total

Balance as of December 31, 2019

$

1,946

$

150

$

2,096

Acquisitions

10

10

Purchase accounting adjustments

26

26

Impact of foreign exchange rates

(1)

(4)

(5)

Balance as of September 30, 2020

$

1,956

$

171

$

2,127

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(1)European Pest Control and Other includes goodwill related to pest control operations in Europe.

The table below summarizes the other intangible asset balances for continuing operations:

As of September 30, 2020

As of December 31, 2019

Accumulated

Accumulated

(In millions)

Gross

Amortization

Net

Gross

Amortization

Net

Trade names(1)

$

888

$

$

888

$

888

$

$

888

Customer relationships(2)

640

(443)

197

659

(423)

236

Other(3)

68

(41)

28

79

(34)

45

Total

$

1,596

$

(483)

$

1,113

$

1,626

$

(457)

$

1,169

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(1)Not subject to amortization.

(2)Includes purchase accounting adjustments subsequent to December 31, 2019, primarily related to our acquisition of Nomor, of approximately $17 million.

(3)Includes purchase accounting adjustments subsequent to December 31, 2019, primarily related to our acquisition of Nomor, of approximately $9 million.

For the existing intangible assets, we anticipate amortization expense for the remainder of 2020 and each of the next five years as follows:

(In millions)

2020

2021

2022

2023

2024

2025

Amortization expense

$

8

$

35

$

33

$

30

$

22

$

18