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Goodwill and other intangible assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Reconciliation of the change in goodwill

Reconciliations of the changes in the carrying value of goodwill during 2019 and 2018 follows (in millions).

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Balance at beginning of year

 

$

81,025

 

 

$

81,258

 

Acquisitions of businesses

 

 

890

 

 

 

376

 

Other, including foreign currency translation

 

 

(33

)

 

 

(609

)

Balance at end of year

 

$

81,882

 

 

$

81,025

 

Schedule of intangible assets

Our other intangible assets and related accumulated amortization are summarized as follows (in millions).

 

 

 

December 31, 2019

 

 

December 31, 2018

 

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

Insurance and other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

$

5,286

 

 

$

759

 

 

$

5,152

 

 

$

727

 

Patents and technology

 

 

4,560

 

 

 

3,032

 

 

 

4,446

 

 

 

2,790

 

Customer relationships

 

 

27,943

 

 

 

5,025

 

 

 

27,697

 

 

 

4,287

 

Other

 

 

3,364

 

 

 

1,286

 

 

 

3,198

 

 

 

1,190

 

 

 

$

41,153

 

 

$

10,102

 

 

$

40,493

 

 

$

8,994

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Railroad, utilities and energy:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

$

212

 

 

$

26

 

 

$

216

 

 

$

23

 

Customer relationships

 

 

678

 

 

 

324

 

 

 

678

 

 

 

286

 

Other

 

 

113

 

 

 

58

 

 

 

117

 

 

 

53

 

 

 

$

1,003

 

 

$

408

 

 

$

1,011

 

 

$

362