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Intangible Assets and Goodwill
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
Intangible assets consisted of the following:
March 31, 2023December 31, 2022
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Customer relationships$155,718 $(83,997)$71,721 $155,715 $(80,188)$75,527 
Software & technology22,020 (19,713)2,307 22,000 (19,583)2,417 
Total intangible assets$177,738 $(103,710)$74,028 $177,715 $(99,771)$77,944 

Amortization expense for the three months ended March 31, 2023 and 2022 was $4 million and $8 million, respectively.
Future amortization expense as of March 31, 2023 is shown in the table below. Actual amortization expense may differ due to, among other things, fluctuations in foreign currency exchange rates, acquisitions, divestitures and impairment charges.

Remainder 2023$11,795 
202415,727 
202515,523 
202614,534 
202711,478 
Thereafter4,971 
Total$74,028 

Goodwill
Changes in the carrying value of goodwill by reporting segment are shown in the table below.
December 31, 2022Currency impactMarch 31,
2023
Global Ecommerce$339,184 $— $339,184 
Presort Services223,763 — 223,763 
SendTech Solutions504,004 2,709 506,713 
Total goodwill$1,066,951 $2,709 $1,069,660 

At December 31, 2022, the estimated fair value of the Global Ecommerce reporting unit exceeded its carrying value by less than 10%. The fair value of the reporting unit was estimated using a discounted cash flow model based on management developed cash flow projections, which included judgements and assumptions related to revenue growth rates, operating margins, operating income, and a discount rate. During the first quarter of 2023, there were no triggering events that required us to determine if the goodwill of this reporting unit was impaired. However, the judgements and assumptions used to estimate the fair value of this reporting unit at December 31, 2022 were inherently subjective and changes in any of the judgements or assumptions used could result in a different fair value determination in a future period.