Note 2 - Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

Note 2. Goodwill and Other Intangible Assets

Changes in the carrying amount of goodwill by segment — 

	Off-Highway
Balance, December 31, 2022	$	259
Currency impact		3
Balance, June 30, 2023	$	262

Components of other intangible assets — 

		June 30, 2023							December 31, 2022
	Weighted Average Useful Life (years)	Gross Carrying Amount		Accumulated Impairment and Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Impairment and Amortization			Net Carrying Amount
Amortizable intangible assets
Core technology	8	$	158	$	(121	)	$	37	$	156	$	(116	)	$	40
Trademarks and trade names	13		29		(15	)		14		29		(13	)		16
Customer relationships	8		501		(433	)		68		498		(425	)		73
Non-amortizable intangible assets
Trademarks and trade names			73					73		72					72
		$	761	$	(569	)	$	192	$	755	$	(554	)	$	201

The net carrying amounts of intangible assets, other than goodwill, attributable to each of our operating segments at  June 30, 2023 were as follows: Light Vehicle — $15, Commercial Vehicle — $63, Off-Highway — $110 and Power Technologies — $4.

Amortization expense related to amortizable intangible assets — 

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Charged to cost of sales	$	2	$	2	$	4	$	4
Charged to amortization of intangibles		4		3		7		7
Total amortization	$	6	$	5	$	11	$	11