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Goodwill and other intangible assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Reconciliation of the change in goodwill

Reconciliations of the changes in the carrying value of goodwill for the first six months of 2020 and for the year ended December 31, 2019 follow (in millions).

 

 

 

June 30,

2020

 

 

December 31,

2019

 

Balance at beginning of year

 

$

81,882

 

 

$

81,025

 

Acquisitions of businesses

 

 

18

 

 

 

890

 

Impairment charges

 

 

(9,996

)

 

 

 

Other, including foreign currency translation

 

 

(151

)

 

 

(33

)

Balance at end of period

 

$

71,753

 

 

$

81,882

 

Schedule of intangible assets

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

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

Insurance and other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

$

5,180

 

 

$

769

 

 

$

5,286

 

 

$

759

 

Patents and technology

 

 

4,658

 

 

 

3,167

 

 

 

4,560

 

 

 

3,032

 

Customer relationships

 

 

27,311

 

 

 

5,346

 

 

 

27,943

 

 

 

5,025

 

Other

 

 

3,300

 

 

 

1,320

 

 

 

3,364

 

 

 

1,286

 

 

 

$

40,449

 

 

$

10,602

 

 

$

41,153

 

 

$

10,102

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Railroad, utilities and energy:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

$

212

 

 

$

28

 

 

$

212

 

 

$

26

 

Customer relationships

 

 

678

 

 

 

343

 

 

 

678

 

 

 

324

 

Other

 

 

113

 

 

 

60

 

 

 

113

 

 

 

58

 

 

 

$

1,003

 

 

$

431

 

 

$

1,003

 

 

$

408