Annual report [Section 13 and 15(d), not S-K Item 405]

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2025
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, 2025 and 2024:
In millions Components Accelera Distribution Power Systems Engine Total
Balance at December 31, 2023 $ 1,884  $ 496  $ 83  $ 11  $ 25  $ 2,499 
Acquisitions 2  —  —  33  —  35 
Foreign currency translation and other (48) (2) —  —  —  (50)
Divestiture (1)
(114) —  —  —  —  (114)
Balance at December 31, 2024 1,724  494  83  44  25  2,370 
Acquisitions —  —  —  —  9  9 
Foreign currency translation and other 50  4  —  1  —  55 
Impairment (2)
—  (210) —  —  —  (210)
Balance at December 31, 2025 $ 1,774  $ 288  $ 83  $ 45  $ 34  $ 2,224 
(1) See NOTE 21, “ATMUS DIVESTITURE,” for additional information.
(2) See NOTE 22, “ACCELERA ACTIONS,” 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:
  December 31,
In millions 2025 2024
Amortizable intangible assets
Software $ 924  $ 793 
Less: Accumulated amortization (469) (372)
Software, net 455  421 
Trademarks, patents, customer relationships and other 2,718  2,685 
Less: Accumulated amortization (1,028) (819)
Trademarks, patents, customer relationships and other, net 1,690  1,866 
Unamortizable other intangible assets 22  64 
Other intangible assets, net $ 2,167  $ 2,351 
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 2026 2027 2028 2029 2030
Projected amortization expense $ 312  $ 303  $ 280  $ 246  $ 204