v3.26.3
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule and Rollforward of Goodwill
Goodwill consisted of the following:

September 30, 2026December 31, 2025

(Dollars in millions)
Goodwill$268 — 
The following table shows the rollforward of goodwill from December 31, 2025 to September 30, 2026.

(Dollars in millions)
As of December 31, 2025
$— 
Alkira Acquisition268 
As of September 30, 2026
$268 
Schedule of Intangible Assets, Net
Intangible assets, net is composed of the following:

September 30, 2026
December 31, 2025
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(Dollars in millions)
Customer relationships
$7,638 $5,391 2,247 7,547 4,945 2,602 
Capitalized software(1)
5,657 3,843 1,814 5,743 3,940 1,803 
Patents and other
159 110 49 158 100 58 
Total
$13,454 9,344 4,110 13,448 8,985 4,463 
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(1)     Certain capitalized software with a gross carrying value of $259 million became fully amortized during 2025 and was retired during the first quarter of 2026.
Schedule of Amortization Expense for Intangible Assets
Total amortization expense for intangible assets was as follows:

Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(Dollars in millions)
Amortization expense
$264 251 763 751