v3.25.3
Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Note 3 – Goodwill and Intangible Assets
Goodwill
The following table presents the changes in the carrying value of goodwill by segment (in millions):
MobilityDeliveryFreightTotal Goodwill
Balance as of December 31, 2024$2,261 $4,367 $1,438 $8,066 
Acquisitions120 705 — 825 
Foreign currency translation and other adjustments14 9 3 26 
Balance as of September 30, 2025$2,395 $5,081 $1,441 $8,917 
Intangible Assets
The components of intangible assets, net were as follows (in millions, except years):
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueWeighted Average Remaining Useful Life - Years
December 31, 2024
Consumer, Merchant and other relationships$1,789 $(889)$900 8
Developed technology890 (690)200 4
Trade name, trademarks and other145 (120)25 5
Intangible assets$2,824 $(1,699)$1,125 
Gross Carrying Value
Accumulated Amortization
Net Carrying Value
Weighted Average Remaining Useful Life - Years
September 30, 2025
Consumer, Merchant and other relationships$1,895 $(1,037)$858 8
Developed technology928 (736)192 3
Trade name, trademarks and other183 (129)54 3
Intangible assets$3,006 $(1,902)$1,104 
Amortization expense for intangible assets subject to amortization was $73 million and $72 million for the three months ended September 30, 2024 and 2025, respectively. Amortization expense for intangible assets subject to amortization was $228 million and $201 million for nine months ended September 30, 2024 and 2025, respectively.
The estimated aggregate future amortization expense for intangible assets subject to amortization as of September 30, 2025 is summarized below (in millions):
Estimated Future Amortization Expense
Year Ending December 31,
Remainder of 2025$67 
2026224 
2027198 
2028141 
202993 
Thereafter370 
Total$1,093