GOODWILL

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

The following table shows changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2024 and 2023:


($ in millions)	UKI		International		Australia		U.S.		Total
December 31, 2022	$	7,290	$	4,510	$	627	$	817	$	13,244
Additions	—		(34)		—		—		(34)
Foreign Exchange	380		156		(1)		—		535
December 31, 2023	7,670		4,632		626		817		13,745
Additions	—		126		—		9		135
Foreign Exchange	(124)		(347)		(57)		—		(528)
December 31, 2024	$	7,546	$	4,411	$	569	$	826	$	13,352

Goodwill Impairment Testing

In the fourth quarter of fiscal 2024, the Group elected to perform the annual impairment test based on a qualitative approach on all of its reporting units. After evaluating and weighing all relevant events and circumstances, the Group concluded that it is not more likely than not that the fair value of any of its reporting units is less than its carrying amount as of the date of the assessment.

In 2023, the Group performed a qualitative test for all reporting units that carried goodwill. The qualitative testing conducted in 2023 concluded that no goodwill impairment existed for U.S., UKI and Australia. For International, the Group performed a quantitative goodwill impairment test. The result of this test indicated that no goodwill impairment existed for International.