Quarterly report pursuant to Section 13 or 15(d)

GOODWILL (Tables)

v3.22.2.2
GOODWILL (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2022:
In millions Components New Power Distribution Power Systems Engine Total
Balance at December 31, 2021 $ 934  $ 257  $ 79  $ 11  $ $ 1,287 
Acquisitions(1)
799  159        958 
Translation and other (15)     (1)   (16)
Balance at September 30, 2022 $ 1,718  $ 416  $ 79  $ 10  $ 6  $ 2,229 
(1)See NOTE 16, "ACQUISITIONS," for additional information on acquisition goodwill.
Schedule of Finite-Lived Intangible Assets The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:
In millions September 30,
2022
December 31,
2021
Software $ 652  $ 586 
Less: Accumulated amortization (378) (314)
Software, net 274  272 
Trademarks, patents, customer relationships and other(1)
2,711  957 
Less: Accumulated amortization (383) (329)
Trademarks, patents, customer relationships and other, net 2,328  628 
Total other intangible assets, net $ 2,602  $ 900 
(1)See NOTE 16, "ACQUISITIONS," for additional information on acquired intangible assets.