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Intangible assets and goodwill (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets are comprised of the following:
 
 
 
 
 
December 31, 2016
(Millions of dollars)
 
Weighted
Amortizable
Life (Years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Customer relationships
 
15
 
$
2,378

 
$
(934
)
 
$
1,444

Intellectual property
 
11
 
1,496

 
(706
)
 
790

Other
 
14
 
192

 
(77
)
 
115

Total finite-lived intangible assets
 
14
 
$
4,066

 
$
(1,717
)
 
$
2,349

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
Weighted
Amortizable
Life (Years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Customer relationships
 
15
 
$
2,489

 
$
(809
)
 
$
1,680

Intellectual property
 
11
 
1,660

 
(626
)
 
1,034

Other
 
12
 
174

 
(67
)
 
107

Total finite-lived intangible assets
 
14
 
$
4,323

 
$
(1,502
)
 
$
2,821

 
 
 
 
 
 
 
 
 
Expected amortization expense related to intangible assets
As of December 31, 2016, amortization expense related to intangible assets is expected to be: 
(Millions of dollars)
2017
 
2018
 
2019
 
2020
 
2021
 
Thereafter
$
313

 
$
308

 
$
303

 
$
292

 
$
275

 
$
858

 
 
 
 
 
 
 
 
 
 
 
Goodwill
The changes in carrying amount of goodwill by reportable segment for the years ended December 31, 2016 and 2015 were as follows:
(Millions of dollars)
 
December 31, 2015
 
Acquisitions 1
 
Impairment Loss
 
Other Adjustments 2
 
December 31, 2016
Construction Industries
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
285

 
$
—

 
$
—

 
$
11

 
$
296

Impairment
 
(22
)
 
—

 
—

 
—

 
(22
)
Net goodwill
 
263

 
—

 
—

 
11

 
274

Resource Industries
 
 
 
 
 
 
 
 
 
 
Goodwill
 
4,145

 
—

 
—

 
(35
)
 
4,110

Impairment
 
(580
)
 
—

 
(595
)
 
—

 
(1,175
)
Net goodwill
 
3,565

 
—

 
(595
)
 
(35
)
 
2,935

Energy & Transportation
 
 
 
 
 
 
 
 
 
 
Goodwill
 
2,738

 
37

 
—

 
(19
)
 
2,756

All Other 3
 
 
 
 
 
 
 
 
 
 
Goodwill
 
49

 
—

 
—

 
6

 
55

Consolidated total
 
 
 
 
 
 
 
 
 
 
Goodwill
 
7,217

 
37

 
—

 
(37
)
 
7,217

Impairment
 
(602
)
 
—

 
(595
)
 
—

 
(1,197
)
Net goodwill
 
$
6,615

 
$
37

 
$
(595
)
 
$
(37
)
 
$
6,020

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
Acquisitions 1
 
Impairment Loss
 
Other Adjustments 2
 
December 31, 2015
Construction Industries
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
297

 
$
—

 
$
—

 
$
(12
)
 
$
285

Impairment
 
(22
)
 
—

 
—

 
—

 
(22
)
Net goodwill
 
275

 
—

 
—

 
(12
)
 
263

Resource Industries
 
 
 
 
 
 
 
 
 
 
Goodwill
 
4,287

 
—

 
—

 
(142
)
 
4,145

Impairment
 
(580
)
 
—

 
—

 
—

 
(580
)
Net goodwill
 
3,707

 
—

 
—

 
(142
)
 
3,565

Energy & Transportation
 
 
 
 
 
 
 
 
 
 
Goodwill
 
2,660

 
133

 
—

 
(55
)
 
2,738

All Other 3
 
 
 
 
 
 
 
 
 
 
Goodwill
 
52

 
—

 
—

 
(3
)
 
49

Consolidated total
 
 
 
 
 
 
 
 
 
 
Goodwill
 
7,296

 
133

 
—

 
(212
)
 
7,217

Impairment
 
(602
)
 
—

 
—

 
—

 
(602
)
Net goodwill
 
$
6,694

 
$
133

 
$
—

 
$
(212
)
 
$
6,615

1 
See Note 24 for additional information.
2 
Other adjustments are comprised primarily of foreign currency translation.
3 
Includes All Other operating segments (See Note 23).