GOODWILL

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Disclosure

NOTE 9. GOODWILL AND OTHER INTANGIBLE ASSETS

The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2022:

In millions	Components		New Power		Distribution		Power Systems		Engine		Total
Balance at December 31, 2021	$	934	$	257	$	79	$	11	$	6	$	1,287
Acquisitions(1)	799		159		—		—		—		958
Translation and other	(15)		—		—		(1)		—		(16)
Balance at September 30, 2022	$	1,718	$	416	$	79	$	10	$	6	$	2,229
(1)See NOTE 16, "ACQUISITIONS," for additional information on acquisition goodwill.

Intangible assets that have finite useful lives are amortized over their estimated useful lives. The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:

In millions	September 30, 2022		December 31, 2021
Software	$	652	$	586
Less: Accumulated amortization	(378)		(314)
Software, net	274		272
Trademarks, patents, customer relationships and other(1)	2,711		957
Less: Accumulated amortization	(383)		(329)
Trademarks, patents, customer relationships and other, net	2,328		628
Total other intangible assets, net	$	2,602	$	900
(1)See NOTE 16, "ACQUISITIONS," for additional information on acquired intangible assets.