The following table summarizes our goodwill activity by reportable segment for the periods presented:


	Brand Tripadvisor			Viator			TheFork (1)			Experiences		Hotels and Other		TheFork (1)		Total
	(in millions)
Balance as of December 31, 2023	$	601		$	120		$	108		$	—	$	—	$	—	$	829
Foreign currency translation adjustments		—			(3	)		(12	)		—		—		—		(15	)
Balance as of December 31, 2024	$	601		$	117		$	96		$	—	$	—	$	—	$	814
Foreign currency translation adjustments		3			3			24			—		—		—		30
Re-allocation to new segments (2)		(604	)		(120	)		(120	)		310		414		120		—
Balance as of December 31, 2025	$	—		$	—		$	—		$	310	$	414	$	120	$	844

(1)

The carrying value of TheFork's goodwill was not impacted by the changes in our reportable segments in the fourth quarter of 2025.

(2)

Refer to “Note 18: Segment and Geographic Information” for information regarding our reportable segment changes
in the fourth quarter of 2025 and “Note 2: Significant Accounting Policies” for information regarding the Company’s re-allocation of goodwill.

There were no goodwill impairment charges recognized on our consolidated statements of operations during the years ended December 31, 2025, 2024, or 2023. Refer to “Note 2: Significant Accounting Policies” for discussion regarding the Company’s 2025 goodwill impairment assessment. As of both December 31, 2025 and 2024, accumulated goodwill impairment losses totaled $3 million and was associated with the Hotels and Other segment.

Intangibles

Intangible assets, acquired in business combinations and recorded at fair value on the date of purchase, consisted of the following as of the dates presented:


	December 31,
	2025			2024
	(in millions)
Intangible assets with definite lives	$	203		$	195
Less: accumulated amortization		(200	)		(189	)
Intangible assets with definite lives, net	$	3		$	6
Intangible assets with indefinite lives (1)		30			30
Total	$	33		$	36

(1)

Indefinite-lived intangible assets consist of Tripadvisor trade names and trademarks.

Amortization expense for definite-lived intangible assets was $3 million, $6 million, and $9 million, for the years ended December 31, 2025, 2024 and 2023, respectively.

There were no impairment charges recognized to our consolidated statements of operations for the years ended December 31, 2025, 2024 and 2023 related to our intangible assets. Refer to “Note 2: Significant Accounting Policies” for discussion of the Company’s 2025 indefinite-lived intangible impairment assessment.

The following table presents the components of our intangible assets with definite lives as of the dates presented:


			December 31, 2025							December 31, 2024
	Weighted Average		Gross					Net		Gross					Net
	Remaining Life		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	(in years)		Amount		Amortization			Amount		Amount		Amortization			Amount
			(in millions)							(in millions)
Trade names and trademarks			$	43	$	(43	)	$	—	$	44	$	(44	)	$	—
Customer lists and supplier relationships		1.9		95		(92	)		3		89		(84	)		5
Subscriber relationships				25		(25	)		—		22		(22	)		—
Technology and other				40		(40	)		—		40		(39	)		1
Total		1.9	$	203	$	(200	)	$	3	$	195	$	(189	)	$	6

Our definite-lived intangible assets are being amortized on a straight-line basis. The straight-line method of amortization is currently our best estimate, or approximates to date, the distribution of the economic use of these intangible assets.