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
Changes in the carrying amount of goodwill for each reportable segment for the six months ended June 30, 2025 are as follows:
(in millions)Global WarehousingGlobal Integrated SolutionsTotal
Balance as of December 31, 2024$2,704 $634 $3,338 
Goodwill acquired11 — 11 
Measurement period adjustments (1)
1 — 1 
Foreign currency translation and other134 21 155 
Balance as of June 30, 2025$2,850 $655 $3,505 
(1) Primarily related to ColdPoint Logistics Warehouse, LLC and ColdPoint Logistics Real Estate, LLC (collectively referred to as “ColdPoint Logistics”).
The following are the Company’s total other intangible assets as of:
June 30, 2025December 31, 2024
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountUseful Life (Years)
Customer relationships$1,512 $(465)$1,047 $1,445 $(418)$1,027 
 5 - 28
In-place leases88 (21)67 89 (21)68 
4 - 31
Technology32 (10)22 32 (8)24 10
Trade names9 (7)2 9 (7)2 
1 - 15
Other28 (16)12 18 (12)6 
3 - 17
Other intangible assets$1,669 $(519)$1,150 $1,593 $(466)$1,127 
During the three and six months ended June 30, 2025, the Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling $9 million and $21 million, respectively. During the three and six months ended June 30, 2024, the Company derecognized fully-amortized intangible assets and associated accumulated amortization totaling $5 million and $20 million, respectively.
Customer relationships and other intangible assets acquired during the six months ended June 30, 2025 have a weighted-average amortization period of 10 years and 3 years, respectively.