Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

3.Goodwill and Other Intangibles

The following table shows the changes in goodwill by reportable segment and in total:

	East		West
	Group		Group		Total
	(Dollars in Millions)
Balance at January 1, 2024	$	764	$	2,625	$	3,389
Acquisitions		268		111		379
Balance at September 30, 2024	$	1,032	$	2,736	$	3,768

Intangible assets acquired during 2024 are as follows:

(Dollars in Millions)	Amount		Weighted-average amortization period
Subject to amortization:
Customer relationships	$	24	12 years
Not subject to amortization:
Use rights		5	N/A
Total	$	29