Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v3.10.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill The following table summarizes the changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017:
In millions
 
Components
 
Electrified Power
 
Distribution
 
Power Systems
 
Engine
 
Segment Total
 
Unallocated
 
Total
Balance at December 31, 2016
 
$
386

 
$
—

 
$
79

 
$
9

 
$
6

 
$
480

 
$
—

 
$
480

Acquisitions
 
544

(1) 
—

 
—

 
—

 
—

 
544

 
47

(2) 
591

Translation and other
 
10

 
—

 
—

 
1

 
—

 
11

 
—

 
11

Balance at December 31, 2017
 
940

 
—

 
79

 
10

 
6

 
1,035

 
47

 
1,082

Acquisitions
 
—

 
49

(1) 
—

 
—

 
—

 
49

 
—

 
49

Translation and other
 
(5
)
 
—

 
—

 
—

 
—

 
(5
)
 
—

 
(5
)
Allocation to segment
 
—

 
47

(2) 
—

 
—

 
—

 
47

 
(47
)
 
—

Balance at December 31, 2018
 
$
935

 
$
96

 
$
79

 
$
10

 
$
6

 
$
1,126

 
$
—

 
$
1,126


____________________________________________________
(1) 
See Note 19, "ACQUISITIONS," for additional information on acquisition goodwill.
(2) 
Goodwill associated with the Brammo Inc. acquisition was presented as an unallocated item as it had not yet been assigned to a reportable segment at December 31, 2017. Effective January 1, 2018, Brammo Inc. was assigned to our new Electrified Power segment. See Note 19, "ACQUISITIONS," for additional information.
Summary of other intangible assets with finite useful lives that are subject to amortization The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:
 
 
December 31,
In millions
 
2018
 
2017
Software
 
$
662

 
$
718

Less: Accumulated amortization
 
(372
)
 
(386
)
Software, net
 
290

 
332

Trademarks, patents, customer relationships and other
 
803

 
786

Less: Accumulated amortization
 
(184
)
 
(145
)
Trademarks, patents, customer relationships and other, net
 
619

 
641

Total other intangible assets, net
 
$
909

 
$
973

Projected amortization expense of intangible assets The projected amortization expense of our intangible assets, assuming no further acquisitions or dispositions, is as follows:
In millions
 
2019
 
2020
 
2021
 
2022
 
2023
Projected amortization expense
 
$
125

 
$
114

 
$
93

 
$
73

 
$
56