v3.25.2
Goodwill and other intangible assets, net (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
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”).
Schedule of Finite-Lived Intangible Assets
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 
Schedule of Indefinite-Lived Intangible Assets
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