Goodwill and Intangible Assets
|3 Months Ended|
Mar. 31, 2019
|Goodwill and Intangible Assets Disclosure [Abstract]|
|GOODWILL AND INTANGIBLE ASSETS||GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying amount of goodwill were as follows:
Indefinite-Lived Intangible Assets
The carrying value of indefinite-lived intangible assets other than goodwill which consisted solely of tradenames, was $105 million and $150 million at March 31, 2019 and December 31, 2018, respectively.
During the first quarter of 2019, the Company determined that the useful life of one of its tradenames no longer met the criteria to be considered an indefinite-lived asset and concluded no indication of impairment. Subsequently, the Company started amortizing this tradename over 15 years, consistent with other similar finite-lived assets.
Finite-Lived Intangible Assets
Intangible assets subject to amortization were as follows:
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef