Note 2 - Goodwill and Other Intangible Assets

9 Months Ended

Sep. 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, September 30, 2023	$	256

Components of other intangible assets — 

		September 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	$	156	$	(122	)	$	34	$	156	$	(116	)	$	40
Trademarks and trade names	13		29		(15	)		14		29		(13	)		16
Customer relationships	8		495		(431	)		64		498		(425	)		73
Non-amortizable intangible assets
Trademarks and trade names			72					72		72					72
		$	752	$	(568	)	$	184	$	755	$	(554	)	$	201

The net carrying amounts of intangible assets, other than goodwill, attributable to each of our operating segments at  September 30, 2023 were as follows: Light Vehicle — $14, Commercial Vehicle — $61, Off-Highway — $105 and Power Technologies — $4.

Amortization expense related to amortizable intangible assets — 

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Charged to cost of sales	$	3	$	3	$	7	$	7
Charged to amortization of intangibles		3		3		10		10
Total amortization	$	6	$	6	$	17	$	17