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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amounts of goodwill during the six months ended June 30, 2024 were as follows:
In millionsElectronics & IndustrialWater & ProtectionCorporate & OtherTotal
Balance at December 31, 2023$10,205 $5,900 $615 $16,720 
Currency translation adjustment(79)(85)(5)(169)
Goodwill recognized for Spectrum Acquisition— — 
Balance at June 30, 2024
$10,133 $5,815 $610 $16,558 
Schedule of Other Finite Intangible Assets
The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows:
June 30, 2024December 31, 2023
In millionsGross Carrying AmountAccum AmortNetGross Carrying AmountAccum AmortNet
Intangible assets with finite lives:
  Developed technology$2,072 $(1,182)$890 $2,079 $(1,092)$987 
  Trademarks/tradenames924 (448)476 924 (414)510 
  Customer-related5,745 (2,466)3,279 5,815 (2,329)3,486 
  Other 29 (1)28 28 (1)27 
Total other intangible assets with finite lives$8,770 $(4,097)$4,673 $8,846 $(3,836)$5,010 
Intangible assets with indefinite lives:
  Trademarks/tradenames 804 — 804 804 — 804 
Total other intangible assets $804 $— $804 $804 $— $804 
Total$9,574 $(4,097)$5,477 $9,650 $(3,836)$5,814 
Schedule of Other Indefinite Intangible Assets
The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows:
June 30, 2024December 31, 2023
In millionsGross Carrying AmountAccum AmortNetGross Carrying AmountAccum AmortNet
Intangible assets with finite lives:
  Developed technology$2,072 $(1,182)$890 $2,079 $(1,092)$987 
  Trademarks/tradenames924 (448)476 924 (414)510 
  Customer-related5,745 (2,466)3,279 5,815 (2,329)3,486 
  Other 29 (1)28 28 (1)27 
Total other intangible assets with finite lives$8,770 $(4,097)$4,673 $8,846 $(3,836)$5,010 
Intangible assets with indefinite lives:
  Trademarks/tradenames 804 — 804 804 — 804 
Total other intangible assets $804 $— $804 $804 $— $804 
Total$9,574 $(4,097)$5,477 $9,650 $(3,836)$5,814 
Schedule of Net Intangibles by Segment
The following table provides the net carrying value of other intangible assets by segment:
Net Intangibles by SegmentJune 30, 2024December 31, 2023
In millions
Electronics & Industrial$3,318 $3,521 
Water & Protection2,077 2,206 
Corporate & Other82 87 
Total$5,477 $5,814 
Schedule of Estimated Future Amortization Expense
Total estimated amortization expense for the remainder of 2024 and the five succeeding fiscal years is as follows:
Estimated Amortization Expense
In millions
Remainder of 2024$289 
2025$545 
2026$518 
2027$470 
2028$418 
2029$362