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Goodwill and other intangible assets (Tables)
9 Months Ended
Sep. 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 nine months of 2020 and for the year ended December 31, 2019 follow (in millions).

 

 

 

September 30,

2020

 

 

December 31,

2019

 

Balance at beginning of year

 

$

81,882

 

 

$

81,025

 

Acquisitions of businesses

 

 

25

 

 

 

890

 

Impairment charges

 

 

(10,021

)

 

 

 

Other, including foreign currency translation

 

 

(21

)

 

 

(33

)

Balance at end of period

 

$

71,865

 

 

$

81,882

 

Schedule of intangible assets

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

 

 

 

September 30, 2020

 

 

December 31, 2019

 

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

 

Gross

carrying

amount

 

 

Accumulated

amortization

 

Insurance and other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

27,344

 

 

$

5,548

 

 

$

27,943

 

 

$

5,025

 

Trademarks and trade names

 

 

5,193

 

 

 

774

 

 

 

5,286

 

 

 

759

 

Patents and technology

 

 

4,720

 

 

 

3,255

 

 

 

4,560

 

 

 

3,032

 

Other

 

 

3,319

 

 

 

1,347

 

 

 

3,364

 

 

 

1,286

 

 

 

$

40,576

 

 

$

10,924

 

 

$

41,153

 

 

$

10,102

 

Railroad, utilities and energy:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

678

 

 

$

352

 

 

$

678

 

 

$

324

 

Trademarks, trade names and other

 

 

325

 

 

 

91

 

 

 

325

 

 

 

84

 

 

 

$

1,003

 

 

$

443

 

 

$

1,003

 

 

$

408