Intangibles, Net

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles, Net

6 – Intangibles, Net

The components of intangible assets, net were as follows:

(Dollars in millions)	September 30, 2022		December 31, 2021
Developed and Acquired Technology, Net of Accumulated Amortization of $328 at September 30, 2022 and $247 at December 31, 2021	$	256	$	343
Trade Names, Net of Accumulated Amortization of $111 at September 30, 2022 and $81 at December 31, 2021	284		314
Intangible Assets, Net of Accumulated Amortization of $439 at September 30, 2022 and $328 at December 31, 2021	$	540	$	657

Amortization expense was $39 million and $117 million for both the three and nine months ended September 30, 2022 and September 30, 2021, respectively, and is reported in “Selling, General and Administrative” on our Condensed Consolidated Statements of Operations.