v3.26.1
Amortizable Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

Amortizable intangible assets consisted of the following:

 

 

June 30, 2026

 

 

December 31, 2025

 

(in millions)

 

Gross
carrying
value

 

 

Accumulated
amortization

 

 

Net
carrying
value

 

 

Gross
carrying
value

 

 

Accumulated
amortization

 

 

Net
carrying
value

 

Purchased customer accounts and other

 

$

6,865

 

 

$

(2,274

)

 

$

4,591

 

 

$

6,852

 

 

$

(2,037

)

 

$

4,815

 

Foreign currency translation adjustments

 

 

(28

)

 

 

7

 

 

 

(21

)

 

 

103

 

 

 

(12

)

 

 

91

 

Total

 

$

6,837

 

 

$

(2,267

)

 

$

4,570

 

 

$

6,955

 

 

$

(2,049

)

 

$

4,906

 

 

Estimated amortization expense for intangible assets

Estimated amortization expense for intangible assets for each of the next five years is as follows:

(in millions)

 

 

 

2026 (Remainder)

 

$

220

 

2027

 

 

427

 

2028

 

 

422

 

2029

 

 

402

 

2030

 

 

391

 

Thereafter

 

 

2,708

 

Total

 

$

4,570