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Goodwill and Intangible assets, net (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Net Carrying Amount of Goodwill
The changes in the net carrying amount of goodwill are as follows (in millions):
Total
Balance as of December 31, 2024$3,212 
Impairment(1)
(2,321)
Other(5)
Balance at September 30, 2025$886 
(1)Amount relates to non-cash goodwill impairment charges.
Schedule of Intangible Assets by Asset Class
Intangible assets by asset class are as follows (in millions):
September 30, 2025December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets:
Customer-related and contract based intangibles$3,192 $903 $2,289 $3,192 $742 $2,450 
Technology related intangibles230 162 68 230 133 97 
Trade name408 121 287 408 100 308 
Total$3,830 $1,186 $2,644 $3,830 $975 $2,855 
Schedule of Intangible Asset Net Carrying Amount and Weighted Average Remaining Useful Lives
The following table reflects intangible assets net carrying amount and weighted-average remaining useful lives as of September 30, 2025 and December 31, 2024 (in millions, except for years):
September 30, 2025December 31, 2024
Net
Carrying
Amount
Weighted-Average
Remaining
Useful Lives
Net
Carrying
Amount
Weighted-Average
Remaining
Useful Lives
Intangible assets:
Customer-related and contract-based intangibles$2,289 10.7$2,450 11.5
Technology-related intangibles68 1.897 2.6
Trade name287 10.7308 11.4
Total$2,644 $2,855 
Schedule of Intangible Assets Expected Annual Amortization Expense
Subsequent to September 30, 2025, the annual amortization expense is expected to be as follows (in millions):
Customer-Related
and Contract Based
Intangibles
Technology
Related
Intangibles
Trade
Name
Intangibles
Total
2025 (October - December)$53 $10 $$70 
2026214 38 27 279 
2027214 19 27 260 
2028214 27 242 
2029214 — 27 241 
Thereafter1,380 — 172 1,552 
Total amortization expense$2,289 $68 $287 $2,644