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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill and indefinite-lived intangible assets are not amortized and are subject to assessment for impairment by applying a fair value-based test on an annual basis, or more frequently if circumstances indicate a potential impairment. The Company’s annual assessment date is October 1.
Changes in goodwill and other intangible assets for the three months ended March 31, 2025 are provided in the following table (dollar amounts in millions):
Timber Licenses1
GoodwillDeveloped Technology
Beginning balance December 31, 2024
$23 $19 $
Amortization(1)— — 
Ending balance March 31, 2025
$22 $19 $7 
1Timber licenses are included in timber and timberlands on the Condensed Consolidated Balance Sheets.