Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

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, 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(1)	(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

Impairment (See Note U)	—		(4)		—		—		(4)
Translation and other	(22)		(9)		—		—		(31)

Balances at December 31, 2021
Goodwill	2,868		1,611		306		7		4,792
Accumulated impairment losses	(719)		(4)		(2)		—		(725)
Goodwill, net	$	2,149	$	1,607	$	304	$	7	$	4,067

(1)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.

Other Intangible Assets

Other intangible assets were as follows:


December 31, 2021	Gross carrying amount		Accumulated amortization		Intangibles, net
Computer software	$	206	$	(175)	$	31
Patents and licenses	67		(65)		2
Other intangibles	686		(202)		484
Total amortizable intangible assets	959		(442)		517
Indefinite-lived trade names and trademarks	32		—		32
Total intangible assets, net	$	991	$	(442)	$	549


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