v3.25.4
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The following is a summary of our intangible assets as of December 31, 2025 (in millions, except weighted average amortization period):
As of December 31, 2025
Remaining Weighted Average Amortization Period (Years)Gross Carrying Value Accumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 7.6$97 $48 $— $49 
Galapagos operating license 18.634 14 — 20 
Total finite-life intangible assets131 62 — 69 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$483 $62 $31 $390 
(1) Majority relates to the Silversea trade name representing approximately $319 million.
The following is a summary of our intangible assets as of December 31, 2024 (in millions, except weighted average amortization period):
As of December 31, 2024
Remaining Weighted Average Amortization Period (Years)Gross Carrying ValueAccumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 8.6$97 $42 $— $55 
Galapagos operating license 19.641 13 — 28 
Total finite-life intangible assets138 55 — 83 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$490 $55 $31 $404 
(1) Majority relates to the Silversea trade name representing approximately $319 million.
Schedule of Finite-Lived Intangible Assets
The following is a summary of our intangible assets as of December 31, 2025 (in millions, except weighted average amortization period):
As of December 31, 2025
Remaining Weighted Average Amortization Period (Years)Gross Carrying Value Accumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 7.6$97 $48 $— $49 
Galapagos operating license 18.634 14 — 20 
Total finite-life intangible assets131 62 — 69 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$483 $62 $31 $390 
(1) Majority relates to the Silversea trade name representing approximately $319 million.
The following is a summary of our intangible assets as of December 31, 2024 (in millions, except weighted average amortization period):
As of December 31, 2024
Remaining Weighted Average Amortization Period (Years)Gross Carrying ValueAccumulated AmortizationAccumulated Impairment LossesNet Carrying Value
Finite-life intangible assets:
Customer relationships 8.6$97 $42 $— $55 
Galapagos operating license 19.641 13 — 28 
Total finite-life intangible assets138 55 — 83 
Indefinite-life intangible assets (1)
352 — 31 321 
Total intangible assets, net$490 $55 $31 $404 
(1) Majority relates to the Silversea trade name representing approximately $319 million.