v3.25.2
Goodwill and Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
Goodwill activity for the six months ended June 30, 2025 is as follows (in millions):
June 30, 2025
Segments
Net Book Value at December 31, 2024
Foreign
Exchange
Net Book Value
Gross
Carrying
Amount
Accumulated
Impairment
Charges
Home and Commercial Solutions$747 $— $747 $4,052 $(3,305)
Learning and Development2,291 65 2,356 3,443 (1,087)
Outdoor and Recreation— — — 788 (788)
$3,038 $65 $3,103 $8,283 $(5,180)

Other intangible assets, net, are comprised of the following (in millions):
June 30, 2025December 31, 2024
Gross
Carrying
Amount
Accumulated Amortization
Net Book
Value
Gross
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Tradenames — indefinite life$896 $— $896 $844 $— $844 
Tradenames — other539 (163)376 531 (135)396 
Capitalized software660 (543)117 661 (543)118 
Customer relationships and distributor channels1,040 (404)636 1,025 (375)650 
$3,135 $(1,110)$2,025 $3,061 $(1,053)$2,008 

Amortization expense for intangible assets was $32 million and $35 million for the three months ended June 30, 2025 and 2024, respectively and $64 million and $69 million for the six months ended June 30, 2025 and 2024, respectively.