Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table details the changes in the carrying amount of goodwill:


	Engine Products		Fastening Systems		Engineered Structures		Forged Wheels		Total
Balances at December 31, 2018
Goodwill	$	2,785	$	1,607	$	506	$	7	$	4,905
Accumulated impairment losses	(719)		—		—		—		(719)
Goodwill, net	2,066		1,607		506		7		4,186
Acquisitions and Divestitures (See Note U)	(13)		—		—		—		(13)
Translation and other	6		—		(2)		—		4
Transfer from Engineered Structures to Discontinued Operations (Arconic Corporation)	—		—		(110)		—		(110)
Transfer from Engineered Structures to Engine Products	105		—		(105)		—		—
Balances at December 31, 2019
Goodwill	2,883		1,607		289		7		4,786
Accumulated impairment losses	(719)		—		—		—		(719)
Goodwill, net	2,164		1,607		289		7		4,067

Impairment (See Note U)	—		—		(2)		—		(2)
Translation and other	24		13		—		—		37
Transfer from Engine Products to Engineered Structures	(17)		—		17		—		—
Balances at December 31, 2020
Goodwill	2,890		1,620		306		7		4,823
Accumulated impairment losses	(719)		—		(2)		—		(721)
Goodwill, net	$	2,171	$	1,620	$	304	$	7	$	4,102

In the first quarter of 2020, the Savannah operations was transferred from the Engine Products segment to the Engineered Structures segment, and as a result goodwill of $17 was reallocated.

In the second quarter of 2019, the Company's casting operations were transferred from the Engineered Structures segment to the Engine Products segment, and as a result goodwill of $105 was reallocated. In the second quarter of 2018, the aluminum extrusion operations was also transferred from the Engineered Structures segment to Discontinued operations, and as a result goodwill of $110 was reallocated.

Other Intangible Assets

Other intangible assets were as follows:


December 31, 2020	Gross carrying amount		Accumulated amortization		Intangibles, net
Computer software	$	194	$	(169)	$	25
Patents and licenses	67		(65)		2
Other intangibles	700		(188)		512
Total amortizable intangible assets	961		(422)		539
Indefinite-lived trade names and trademarks	32		—		32
Total intangible assets, net	$	993	$	(422)	$	571


December 31, 2019	Gross carrying amount		Accumulated amortization		Intangibles, net
Computer software	$	199	$	(165)	$	34
Patents and licenses	67		(65)		2
Other intangibles	693		(162)		531
Total amortizable intangible assets	959		(392)		567
Indefinite-lived trade names and trademarks	32		—		32
Total intangible assets, net	$	991	$	(392)	$	599