| Schedule of Goodwill |
The following table presents the changes in goodwill by operating segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | General Insurance | | | | | | | | (in millions) | | North America | | International | | Life Insurance | | Other Operations | | Total | | Balance at January 1, 2022: | | | | | | | | | | | | Goodwill - gross | | $ | 3,791 | | | $ | 3,443 | | | $ | 239 | | | $ | 60 | | | $ | 7,533 | | | Accumulated impairments | | (1,145) | | | (2,255) | | | (67) | | | (10) | | | (3,477) | | | Net goodwill | | 2,646 | | | 1,188 | | | 172 | | | 50 | | | 4,056 | | | Increase (decrease) due to: | | | | | | | | | | | | | | | | | | | | | | | Other | | — | | | (92) | | | (16) | | | (21) | | | (129) | | | Balance at December 31, 2022: | | | | | | | | | | | | Goodwill - gross | | 3,791 | | | 3,351 | | | 223 | | | 39 | | | 7,404 | | | Accumulated impairments | | (1,145) | | | (2,255) | | | (67) | | | (10) | | | (3,477) | | | Net goodwill | | 2,646 | | | 1,096 | | | 156 | | | 29 | | | 3,927 | | | Increase (decrease) due to: | | | | | | | | | | | | Dispositions* | | (369) | | | — | | | (30) | | | (9) | | | (408) | | | Reclassified to held for sale | | — | | | — | | | (23) | | | — | | | (23) | | | Other | | — | | | 42 | | | — | | | 1 | | | 43 | | | | | | | | | | | | | | Balance at December 31, 2023: | | | | | | | | | | | | Goodwill - gross | | 3,422 | | | 3,393 | | | 170 | | | 31 | | | 7,016 | | | Accumulated impairments | | (1,145) | | | (2,255) | | | (67) | | | (10) | | | (3,477) | | | Net goodwill | | $ | 2,277 | | | $ | 1,138 | | | $ | 103 | | | $ | 21 | | | $ | 3,539 | |
*Primarily represents amounts related to the sale of Validus Re through the date of disposition.
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