Intangible Assets, net and Goodwill

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, net and Goodwill

Intangible Assets, net

The following tables present certain information regarding our intangible assets as of March 31, 2023 and December 31, 2022:

	As of
	March 31, 2023						December 31, 2022
	Gross Carrying Value		Accumulated Amortization		Net Balance		Gross Carrying Value		Accumulated Amortization		Net Balance
Amortizable intangible assets:
Customer relationships	$	902	$	(519)	$	383	$	902	$	(503)	$	399
Intellectual property	950		(729)		221		948		(714)		234
Licenses	373		(280)		93		371		(273)		98
Brand names	129		(111)		18		129		(108)		21
Trade names	162		(139)		23		162		(122)		40
Patents and other	12		(7)		5		12		(7)		5
Total intangible assets	$	2,528	$	(1,785)	$	743	$	2,524	$	(1,727)	$	797

The following reflects intangible amortization expense included within D&A:

	Three Months Ended March 31,
	2023		2022
Amortization expense	$	58	$	60

Goodwill

The table below reconciles the change in the carrying value of goodwill by business segment for the period from December 31, 2022 to March 31, 2023.

	Gaming(1)		SciPlay		iGaming		Totals
Balance as of December 31, 2022	$	2,373	$	213	$	333	$	2,919
Foreign currency adjustments	2		(2)		3		3
Balance as of March 31, 2023	$	2,375	$	211	$	336	$	2,922
(1) Accumulated goodwill impairment charges for the Gaming segment as of March 31, 2023 were $989 million.