v3.25.2
Intangible Assets, net and Goodwill (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following tables present certain information regarding our intangible assets as of June 30, 2025 and December 31, 2024.
As of
June 30, 2025December 31, 2024
Gross Carrying
Value
Accumulated
Amortization
Net BalanceGross Carrying
Value
Accumulated
Amortization
Net Balance
Amortizable intangible assets:   
Customer relationships$1,249 $(662)$587 $898 $(624)$274 
Intellectual property
1,039 (842)197 924 (801)123 
Licenses317 (255)62 290 (242)48 
Brand names130 (127)128 (125)
Trade names189 (161)28 161 (159)
Patents and other12 (7)11 (7)
Total intangible assets$2,936 $(2,054)$882 $2,412 $(1,958)$454 
Schedule of Intangible Asset Amortization Expense
The following reflects intangible amortization expense included within D&A:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Amortization expense$37 $38 $68 $75 
The following reflects amortization of software included within D&A:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Amortization expense$19 $17 $38 $35 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated intangible asset amortization expense for the remaining year ending December 31, 2025 and each of the subsequent four years is as follows:
Year Ending December 31,
Remainder of 20252026202720282029
Amortization expense$80 $147 $141 $113 $87 
Schedule of Goodwill Reconciliation
The table below reconciles the change in the carrying value of goodwill, by reportable segment, for the period from December 31, 2024 to June 30, 2025.
Gaming(1)
SciPlayiGamingTotals
Balance as of December 31, 2024
$2,357 $209 $324 $2,890 
Acquired goodwill(2)
392 — — 392 
Foreign currency adjustments31 37 73 
Balance as of June 30, 2025
$2,780 $214 $361 $3,355 
(1) Accumulated goodwill impairment charges for the Gaming segment as of June 30, 2025 were $989 million.
(2) Represents goodwill related to the Grover acquisition (see Note 1).