v3.26.1
Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The following table summarizes the activity in the carrying amount of goodwill for the six months ended June 30, 2026:
Amount
(in millions)
Balance as of December 31, 2025
$
393 
Addition related to business acquisition
19 
Balance as of June 30, 2026
$
412 
Schedule of Acquired Indefinite-Lived Intangible Assets by Major Class
Intangible assets, net of accumulated amortization, resulting from business combinations and asset purchases consisted of the following:


As of December 31, 2025

Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Weighted-Average Remaining Useful Life

(in millions)
(in years)
Developed technology
$
92 
$
(73)
$
19 
1.8
Customer relationships
66 
(27)
39 
8.7
Patents
17 
(7)
10 
4.9
Other
(6)
5.9
Total intangible assets, net
$
184 
$
(113)
$
71 


As of June 30, 2026

Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Weighted-Average Remaining Useful Life

(in millions)
(in years)
Developed technology
$
85 
$
(72)
$
13 
1.7
Customer relationships
75 
(31)
44 
8.8
Patents
17 
(9)
4.5
Other
(4)
4.9
Total intangible assets, net
$
183 
$
(116)
$
66 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of June 30, 2026, the remaining intangible asset amortization was as follows:

Amount
Year ending December 31,
(in millions)
Remainder of 2026
$
2027
13 
2028
2029
2030
Thereafter
23 
Total
$
66