Lineage, Inc.

(5)Goodwill and other intangible assets, net

Goodwill

Changes in the carrying amount of goodwill for each reportable segment for the nine months ended September 30, 2026 are as follows:

Goodwill is tested for impairment on an annual basis as of October 1. Interim testing is performed more frequently if events or circumstances indicate that it is more-likely-than-not that a reporting unit’s fair value is below its carrying value.

During the three months ended September 30, 2025, the Company identified a triggering event due to the sale of Lineage Spain Transportation S.L.U. The Company determined that the impacted reporting unit more likely than not had a fair value below its carrying value. Accordingly, the Company performed an interim quantitative goodwill impairment test for the affected reporting unit within the Global Integrated Solutions segment. Based on the results of the quantitative assessment, the Company recorded a $28 million goodwill impairment for the three and nine months ended September 30, 2025, which is presented in Goodwill impairment on the condensed consolidated statements of operations and comprehensive income (loss).

In connection with the annual goodwill impairment test performed as of October 1, 2025, the Company performed a quantitative assessment for a reporting unit within the Global Warehousing segment, and, as a result, recorded a $20 million goodwill impairment in the fourth quarter of 2025.

The Company did not identify any events or circumstances during the nine months ended September 30, 2026 to indicate that a quantitative assessment was necessary. However, considering the inherently low percentage by which fair value exceeded carrying value of reporting units impaired in the prior year and the recent increase in risk-free interest rates, it is possible that adverse factors, including marginal declines in forecasted performance or other macroeconomic events, could be identified in the future that would result in a further impairment of the Company’s goodwill. No impairment was identified or recognized for the three or nine months ended September 30, 2026.

Other Intangible Assets

The following are the Company’s total other intangible assets:

The Company derecognized fully-amortized intangible assets and the associated accumulated amortization totaling$17 million and $21 million duringthe nine months ended September 30, 2026 and 2025, respectively. The Company didnot derecognize any fully-amortized intangible assets during the three months ended September 30, 2026 or 2025.