GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of goodwill by segment are as follows:

(In millions)	January 1, 2021		Additions		Translation		December 31, 2021		Additions		Translation		December 31, 2022
Electrical Americas	$	6,456	$	971	$	(10)	$	7,417	$	5	$	(19)	$	7,402
Electrical Global	4,295		85		(197)		4,183		2		(255)		3,929
Aerospace	1,777		1,091		(87)		2,781		184		(122)		2,844
Vehicle	293		—		(3)		290		—		(2)		287
eMobility	82		—		(2)		80		255		(1)		334
Total	$	12,903	$	2,147	$	(299)	$	14,751	$	445	$	(400)	$	14,796

The 2022 additions to goodwill relate primarily to the anticipated synergies of acquiring Royal Power Solutions and Mission Systems. The 2021 additions to goodwill relate to the anticipated synergies of acquiring Mission Systems, Tripp Lite, and Green Motion SA.

A summary of other intangible assets is as follows:

	December 31
	2022				2021
(In millions)	Historical cost		Accumulated amortization		Historical cost		Accumulated amortization
Intangible assets not subject to amortization
Trademarks	$	1,201			$	1,374
Intangible assets subject to amortization
Customer relationships	$	4,677	$	2,156	$	4,752	$	1,974
Patents and technology	1,987		830		1,879		712
Trademarks	1,113		570		951		518
Other	175		111		165		62
Total intangible assets subject to amortization	$	7,952	$	3,667	$	7,747	$	3,266

Amortization expense related to intangible assets subject to amortization in 2022, and estimated amortization expense for each of the next five years, is as follows:

(In millions)
2022	$	483
2023	430
2024	403
2025	398
2026	382
2027	373