XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.2
Acquisitions, Dispositions, Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]  
Schedule of Goodwill Changes in our goodwill balances for the six months ended June 30, 2022 were as follows:
(dollars in millions)Balance as of January 1, 2022Acquisitions and DivestituresForeign Currency Translation and Other
Balance as of June 30, 2022
Collins Aerospace Systems$31,384 $(36)$(614)$30,734 
Pratt & Whitney1,563   1,563 
Raytheon Intelligence & Space9,813 23 (1)9,835 
Raytheon Missiles & Defense11,659  (2)11,657 
Total Segments54,419 (13)(617)53,789 
Eliminations and other17   17 
Total$54,436 $(13)$(617)$53,806 
Schedule of Indefinite-Lived Intangible Assets Identifiable intangible assets are comprised of the following:
 June 30, 2022December 31, 2021
(dollars in millions)Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Amortized:
Collaboration assets$5,414 $(1,265)$5,319 $(1,173)
Exclusivity assets2,772 (324)2,673 (318)
Developed technology and other1,194 (506)1,214 (466)
Customer relationships29,798 (8,168)29,982 (7,411)
39,178 (10,263)39,188 (9,368)
Unamortized:
Trademarks and other8,647  8,696 — 
Total$47,825 $(10,263)$47,884 $(9,368)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following is the expected amortization of intangible assets for the remainder of 2022 through 2027. 
(dollars in millions)Remaining 202220232024202520262027
Amortization expense$1,008 $2,096 $2,219 $2,101 $2,013 $1,860