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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The changes in the net carrying amount of goodwill for the nine months ended September 30, 2018 are as follows (in millions):
Balance as of December 31, 2017
$
8,358

Goodwill related to current year acquisitions
31

Goodwill related to disposals
(3
)
Goodwill related to prior year acquisitions
13

Foreign currency translation and other
(117
)
Balance as of September 30, 2018
$
8,282


Other intangible assets by asset class are as follows (in millions):
 
September 30, 2018
 
December 31, 2017
 
Gross Carrying Amount
 
Accumulated
Amortization and Impairment
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated
Amortization and Impairment
 
Net Carrying Amount
Customer related and contract based
$
2,305

 
$
1,457

 
$
848

 
$
2,550

 
$
1,415

 
$
1,135

Tradenames
1,030

 
687

 
343

 
1,047

 
533

 
514

Technology and other
396

 
327

 
69

 
416

 
332

 
84

 Total
$
3,731

 
$
2,471

 
$
1,260

 
$
4,013

 
$
2,280

 
$
1,733


In the second quarter of 2017 and in connection with the completion of the sale of the Divested Business, the Company recognized a non-cash impairment charge to the associated tradenames of $380 million. The fair value of the tradenames was determined using the Relief from Royalty Method. This impairment was included in Amortization and impairment of intangible assets on the Condensed Consolidated Statement of Income.
The estimated future amortization for finite lived intangible assets as of September 30, 2018 is as follows (in millions):
Remainder of 2018
$
100

2019
386

2020
222

2021
128

2022
85

Thereafter
339

 Total
$
1,260