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NOTE 9. GOODWILL AND OTHER INTANGIBLE ASSETS
The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2022:
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| In millions |
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Components |
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New Power |
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Distribution |
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Power Systems |
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Engine |
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Total |
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| Balance at December 31, 2021 |
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$ |
934 |
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$ |
257 |
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$ |
79 |
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$ |
11 |
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$ |
6 |
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$ |
1,287 |
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Acquisitions(1)
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799
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159
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—
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—
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—
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958
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| Translation and other |
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(15) |
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—
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—
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(1) |
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—
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(16) |
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| Balance at September 30, 2022 |
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$ |
1,718
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$ |
416
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$ |
79
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$ |
10
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$ |
6
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$ |
2,229
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(1)See NOTE 16, "ACQUISITIONS," for additional information on acquisition goodwill.
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Intangible assets that have finite useful lives are amortized over their estimated useful lives. The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:
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| In millions |
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September 30,
2022 |
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December 31,
2021 |
| Software |
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$ |
652
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$ |
586 |
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| Less: Accumulated amortization |
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(378) |
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(314) |
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| Software, net |
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274
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272 |
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Trademarks, patents, customer relationships and other(1)
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2,711
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957 |
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| Less: Accumulated amortization |
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(383) |
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(329) |
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| Trademarks, patents, customer relationships and other, net |
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2,328
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628 |
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| Total other intangible assets, net |
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$ |
2,602
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$ |
900 |
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(1)See NOTE 16, "ACQUISITIONS," for additional information on acquired intangible assets.
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