Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)

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GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The following is a summary of Goodwill by segment:
(In Millions)
December 31,
2021 2020
Steelmaking $ 942  $ 1,232 
Other Businesses 174  174 
Total goodwill $ 1,116  $ 1,406 
Summary of Intangible Assets and Liabilities
The following is a summary of our intangible assets and liabilities:
(In Millions)
December 31, 2021 December 31, 2020
Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount
Intangible assets1:
Customer relationships $ 95  $ (8) $ 87  $ 77  $ (3) $ 74 
Developed technology 60  (6) 54  60  (3) 57 
Trade names and trademarks 18  (2) 16  11  (1) 10 
Mining permits 72  (26) 46  72  (25) 47 
Supplier relationships 18    18  —  —  — 
Total intangible assets $ 263  $ (42) $ 221  $ 220  $ (32) $ 188 
Intangible liabilities2:
Above-market supply contracts $ (71) $ 14  $ (57) $ (71) $ $ (64)
1 Intangible assets are classified as Other non-current assets. Amortization related to mining permits is recognized in Cost of goods sold. Amortization of all other intangible assets is recognized in Selling, general and administrative expenses.
2 Intangible liabilities are classified as Other non-current liabilities. Amortization of all intangible liabilities is recognized in Cost of goods sold.