v3.25.2
Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill

The changes in the carrying amount of goodwill reported in the Company's operating segments were as follows:
RetirementInvestment ManagementEmployee Benefits
Corporate(1)
Consolidated
Balance as of January 1, 2024$17 $286 $343 $102 $748 
Additions related to business acquisitions
— — — — — 
Balance as of December 31, 2024$17 $286 $343 $102 $748 
Additions related to business acquisitions(2)
56 — — — 56 
Balance as of June 30, 2025$73 $286 $343 $102 $804 
(1) Corporate includes goodwill that was acquired by the parent company and not pushed to a subsidiary within the Company’s reportable segments. The carrying value of goodwill within Corporate is allocated to Retirement, Investment Management, and Employee Benefits segments as $72, $10 and $20 respectively.
(2) During 2025, the Company recognized goodwill of $56 as a result of the acquisition of OneAmerica Financial's full-service retirement plan business.

Other Intangible Assets

The following table presents other intangible assets as of the dates indicated:
Weighted
Average
Amortization
Lives (Years)
June 30, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Indefinite-life intangibles:
Management contract rightsN/A$350 $— $350 $350 $— $350 
Finite-life intangibles:
Management contract rights17131 23 108 131 19 112 
Customer relationship lists(1)
16345 153 192 325 145 180 
Trademarks815 5 10 15 4 11 
Computer software4464 285 179 432 253 179 
Total intangible assets$1,305 $466 $839 $1,253 $421 $832 
(1) During 2025, as a result of the acquisition of OneAmerica Financial's full-service retirement plan business, the Company recognized intangible assets of $21, which will be amortized over a weighted average useful life of 13 years.

Amortization expense related to intangible assets was $50 and $46 for the six months ended June 30, 2025 and 2024, respectively.