| Goodwill and Intangible Assets, net Our goodwill balance and changes in carrying value by segment were as follows:
| | | | | | | | | | | | | | | | | | | (in millions) | Products and Solutions | | ADI Global Distribution | | Total | | Balance as of December 31, 2025 | $ | 2,036 | | | $ | 1,064 | | | $ | 3,100 | | | | | | | | | | | | | | | | | | | | | | | | | | | Impact of foreign currency translation | (3) | | | (1) | | | (4) | | | Balance as of April 4, 2026 | $ | 2,033 | | | $ | 1,063 | | | $ | 3,096 | |
The following table summarizes the net carrying amount of intangible assets:
| | | | | | | | | | | | | (in millions) | April 4, 2026 | | December 31, 2025 | | Intangible assets subject to amortization | $ | 889 | | | $ | 911 | | | Indefinite-lived intangible assets | 180 | | | 180 | | | Total intangible assets | $ | 1,069 | | | $ | 1,091 | |
Intangible assets subject to amortization consisted of the following:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | April 4, 2026 | | December 31, 2025 | | | | | | (in millions) | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | Gross
Carrying
Amount | | Accumulated
Amortization | | Net
Carrying
Amount | | | | | | Customer relationships | $ | 911 | | | $ | (269) | | | $ | 642 | | | $ | 912 | | | $ | (253) | | | $ | 659 | | | | | | | Patents and technology | 170 | | | (69) | | | 101 | | | 170 | | | (63) | | | 107 | | | | | | | Software | 266 | | | (177) | | | 89 | | | 256 | | | (170) | | | 86 | | | | | | | Trademarks | 79 | | | (22) | | | 57 | | | 79 | | | (20) | | | 59 | | | | | | | Intangible assets subject to amortization | $ | 1,426 | | | $ | (537) | | | $ | 889 | | | $ | 1,417 | | | $ | (506) | | | $ | 911 | | | | | |
For the three months ended April 4, 2026 and March 29, 2025, intangible asset amortization expense was $31 million and $30 million, respectively.
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