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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill
The following table summarizes the changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020:
In millionsComponentsNew PowerDistributionPower SystemsEngineTotal
Balance at December 31, 2019$934 $257 $79 $10 $$1,286 
Translation and other— — — — 
Balance at December 31, 2020941 257 79 10 1,293 
Acquisitions   2  2 
Translation and other(7)  (1) (8)
Balance at December 31, 2021$934 $257 $79 $11 $6 $1,287 
Summary of other intangible assets with finite useful lives that are subject to amortization The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:
 December 31,
In millions20212020
Software$586 $661 
Less: Accumulated amortization(314)(372)
Software, net272 289 
Trademarks, patents, customer relationships and other957 959 
Less: Accumulated amortization(329)(285)
Trademarks, patents, customer relationships and other, net628 674 
Total other intangible assets, net$900 $963 
Projected amortization expense of intangible assets The projected amortization expense of our intangible assets, assuming no further acquisitions or dispositions, is as follows:
In millions20222023202420252026
Projected amortization expense$139 $128 $109 $76 $53