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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill reported in the Company's operating segments were as follows:
Wealth SolutionsHealth SolutionsInvestment Management
Corporate(1)
Consolidated
Balance as of January 1, 2023
$17 $24 $286 $— $327 
Additions from business combinations(2)
— 319 — 102 421 
Balance as of December 31, 2023
17 343 286 102 748 
Additions from business combinations
— — — — — 
Balance as of December 31, 2024
$17 $343 $286 $102 $748 
(1) Corporate includes goodwill that was acquired by the parent company and not pushed to a subsidiary within the Company’s reportable segments. The carrying value of goodwill within Corporate is allocated to Wealth Solutions, Health Solutions, and Investment Management reporting units as $72, $20 and $10, respectively.
(2) See the Business, Basis of Presentation and Significant Accounting Policies Note for information on recent business combinations.
Schedule of other intangible assets
The following table presents other intangible assets as of the dates indicated:
Weighted
Average
Amortization
Lives
December 31, 2024December 31, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Indefinite-life intangibles:
Management contract rightsN/A$350 $— $350 $350 $— $350 
Total indefinite-life intangibles350 — 350 350 — 350 
Finite-life intangibles:
Management contract rights
17 years131 19 112 153 11 142 
Customer relationship lists17 years325 145 180 325 128 197 
Trademarks8 years15 11 15 13 
Computer software5 years432 253 179 501 346 155 
Total intangible assets$1,253 $421 $832 $1,344 $487 $857 
Schedule of estimated amortization expense of intangible assets
The estimated amortization of intangible assets are as follows:
YearAmount
2025$92 
202678 
202757 
202834 
202931