GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

The Company did not identify any significant events or changes in circumstances that indicated the existence of impairment indicators during the three and six months ended June 30, 2026. As such, quantitative assessments were not required.

The balances and changes in the carrying amount of goodwill by segment are as follows (in millions of dollars):


	High-Touch Solutions N.A.		Endless Assortment		Total
Balance at January 1, 2025	$	306	$	49	$	355


Translation	5		—		5
Balance at December 31, 2025	311		49		360


Translation	(4)		(2)		(6)
Balance at June 30, 2026	$	307	$	47	$	354

No goodwill impairment was recorded for the three and six months ended June 30, 2026 and 2025.

The balances and changes in intangible assets – net are as follows (in millions of dollars):


		As of
		June 30, 2026						December 31, 2025
	Weighted average life	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Customer lists and relationships	10.7 years	$	162	$	158	$	4	$	163	$	157	$	6
Trademarks, trade names and other	16.5 years	19		16		3		20		17		3
Non-amortized trade names and other	Indefinite	18		—		18		19		—		19
Capitalized software	4.5 years	868		621		247		821		584		237
Total intangible assets	5.7 years	$	1,067	$	795	$	272	$	1,023	$	758	$	265