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Intangible Assets
12 Months Ended
Dec. 31, 2025
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets Intangible Assets
The following summarizes our finite-lived intangible assets, net:
(in millions)Gross Carrying ValueAccumulated AmortizationNet Carrying Value
December 31, 2025
Trademarks
$131 $(67)$64 
Customer relationships
34 (13)21 
Developed technology and other
126 (45)81 
Total$291 $(125)$166 
December 31, 2024
Trademarks$183 $(46)$137 
Customer relationships34 (6)28 
Developed technology and other109 (21)88 
Total$326 $(73)$253 
For 2025, 2024, and 2023, amortization expense of intangible assets was $50 million, $64 million, and $4 million, respectively. Indefinite-lived intangible assets as of December 31, 2025 and 2024 were $24 million and $18 million, respectively.
As of December 31, 2025, future amortization expense is expected to be as follows:
(in millions)Amortization Expense
2026$50 
202725 
202821 
202915 
203013 
Thereafter42 
Total$166