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Intangibles, net (Tables)
12 Months Ended
Dec. 31, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Identified Intangible Assets by Major Classification

Identified intangible assets by major classification consist of the following (in millions):

 

 

 

 

 

 

Accumulated

 

 

Net Book

 

 

 

Gross

 

 

Amortization

 

 

Value

 

December 31, 2023:

 

 

 

 

 

 

 

 

 

Trade names and patents

 

$

2

 

 

$

(1

)

 

$

1

 

Customer relationships

 

 

29

 

 

 

(4

)

 

 

25

 

Other

 

 

4

 

 

 

(2

)

 

 

2

 

Total identified intangibles

 

$

35

 

 

$

(7

)

 

$

28

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022:

 

 

 

 

 

 

 

 

 

Trade names and patents

 

$

4

 

 

$

 

 

$

4

 

Customer relationships

 

 

19

 

 

 

(2

)

 

 

17

 

Other

 

 

4

 

 

 

 

 

 

4

 

Total identified intangibles

 

$

27

 

 

$

(2

)

 

$

25

 

 

Schedule of Estimated Amortization of Intangible Assets Excluding Assets Held-for-Sale

Amortization expense was $5 million, $2 million and $2 million for the years ended December 31, 2023, 2022, and 2021, respectively. The following table represents the total estimated amortization of intangible assets for the five succeeding years (in millions):

For the Year Ending December 31,

 

Estimated Amortization Expense

 

2024

 

$

5

 

2025

 

 

4

 

2026

 

 

3

 

2027

 

 

3

 

2028

 

 

3