v3.26.1
Goodwill and other intangible assets, net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and other intangible assets, net Goodwill and other intangible assets, net
Goodwill
Changes in the carrying amount of goodwill for each reportable segment for the six months ended June 30, 2026 are as follows:
(in millions)Global WarehousingGlobal Integrated SolutionsTotal
Balance as of December 31, 2025 (1)
$2,838 $628 $3,466 
Foreign currency translation and other(36)(4)(40)
Balance as of June 30, 2026 (1)
$2,802 $624 $3,426 
(1) Net of accumulated impairment losses of $48 million as of June 30, 2026 and December 31, 2025.
Other Intangible Assets
The following are the Company’s total other intangible assets:
June 30, 2026December 31, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$1,495 $(563)$932 $1,512 $(516)$996 
In-place leases84 (24)60 86 (23)63 
Technology32 (13)19 32 (12)20 
Assembled workforce9 (4)5 9 (3)6 
Other12 (8)4 28 (23)5 
Other intangible assets$1,632 $(612)$1,020 $1,667 $(577)$1,090 
During the three and six months ended June 30, 2026, the Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling $3 million and $17 million, respectively. During the three and six months ended June 30, 2025, the Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling $9 million and $21 million, respectively.