GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movement on Goodwill

The following table summarizes the carrying amount of goodwill:

	December 31,
(in millions)	2021		2022
Beginning balance	$	—	$	101
Less: Accumulated impairment	—		—
Beginning balance, net	—		101
Additions due to business combinations(1)	101		—
Post-acquisition adjustments	—		(1)
Ending balance	$	101	$	100

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(1)Substantially all of the additions related to the Say Technologies acquisition as disclosed in Note 3 - Business Combinations, and the remainder related to other immaterial business acquisitions.

Schedule of Components of Finite-Lived Intangible Assets

The following tables summarize the components of intangible assets:

	December 31, 2021
(in millions, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	23	$	(3)	$	20	2.58
Customer relationships	12		$	—	12		9.62
Trade names	—		$	—	—		2.62
Indefinite-lived intangible assets	2		$	—	2		N/A
Total	$	37	$	(3)	$	34

	December 31, 2022
(in millions, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	23	$	(10)	$	13	1.70
Customer relationships	12		(2)		10		8.62
Indefinite-lived intangible assets	2		—		2		N/A
Total	$	37	$	(12)	$	25

Schedule of Components of Indefinite-Lived Intangible Assets

The following tables summarize the components of intangible assets:

	December 31, 2021
(in millions, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	23	$	(3)	$	20	2.58
Customer relationships	12		$	—	12		9.62
Trade names	—		$	—	—		2.62
Indefinite-lived intangible assets	2		$	—	2		N/A
Total	$	37	$	(3)	$	34

	December 31, 2022
(in millions, except years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Weighted Average Remaining Useful Life - Years
Finite-lived intangible assets
Developed technology	$	23	$	(10)	$	13	1.70
Customer relationships	12		(2)		10		8.62
Indefinite-lived intangible assets	2		—		2		N/A
Total	$	37	$	(12)	$	25

Schedule of Future Amortization Expense in Acquired Intangible Assets

As of December 31, 2022, the estimated future amortization expense of finite-lived intangible assets was as follows:

(in millions)	Finite-lived Intangible Assets
2023	$	9
2024	6
2025	1
2026	1
2027	1
Thereafter	5
Total	$	23