XML 21 R12.htm IDEA: XBRL DOCUMENT v3.21.1
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following table is a summary of the activity in goodwill by segment.
(in millions)AmericasEMEAAPACTotal
December 31, 2018$2,386 $393 $223 $3,002 
Additions101 10 — 111 
Acquisition accounting adjustments(2)(5)— (7)
Currency translation(57)(13)(6)(76)
December 31, 2019$2,428 $385 $217 $3,030 
Additions26 1 7 34 
Acquisition accounting adjustments(45)(6)(2)(53)
Currency translation165 26 15 206 
December 31, 2020$2,574 $406 $237 $3,217 
As of December 31, 2020, there were no reductions in goodwill relating to impairment losses. 
Other Intangible Assets, Net
The following table is a summary of our other intangible assets.
(in millions)Developed technology,
including patents		Other amortized
intangible assets		Indefinite-lived
intangible assets		Total
December 31, 2020
Gross other intangible assets$2,713 $495 $169 $3,377 
Accumulated amortization(1,374)(332)— $(1,706)
Other intangible assets, net$1,339 $163 $169 $1,671 
December 31, 2019
Gross other intangible assets$2,309 $464 $173 $2,946 
Accumulated amortization(1,190)(285)— $(1,475)
Other intangible assets, net$1,119 $179 $173 $1,471 
Intangible asset amortization expense was $222 million in 2020, $183 million in 2019, and $169 million in 2018. The anticipated annual amortization expense for definite-lived intangible assets recorded as of December 31, 2020 is $231 million in 2021, $227 million in 2022, $212 million in 2023, $189 million in 2024 and $155 million in 2025.
In the second quarters of 2020 and 2019, we recognized impairment charges of $17 million and $31 million, respectively, related to developed-technology intangible assets due to declines in market expectations for the related products. The fair values of the intangible assets were measured using a discounted cash flow approach
and the charges are classified within cost of sales in the accompanying consolidated statements of income for the years ended December 31, 2020 and December 31, 2019. We consider the fair values of the assets to be Level 3 measurements due to the significant estimates and assumptions we used in establishing the estimated fair values.