Intangibles, Net

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles, Net

6 – Intangibles, Net

The components of intangible assets, net were as follows:

(Dollars in millions)	March 31, 2022		December 31, 2021
Developed and Acquired Technology, Net of Accumulated Amortization of $276 at March 31, 2022 and $247 at December 31, 2021	$	315	$	343
Trade Names, Net of Accumulated Amortization of $91 at March 31, 2022 and $81 at December 31, 2021	304		314
Intangible Assets, Net of Accumulated Amortization of $367 at March 31, 2022 and $328 at December 31, 2021	$	619	$	657

Amortization expense was $39 million for both the three months ended March 31, 2022 and 2021, and is reported in “Selling, General and Administrative” on our Condensed Consolidated Statements of Operations.