Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill at September 30, 2021, by segment, was as follows, in millions:


	Gross Goodwill At September 30, 2021		Accumulated Impairment Losses		Net Goodwill At September 30, 2021
Plumbing Products (A)	$	627	$	(301)	$	326
Decorative Architectural Products	366		(75)		291


Total	$	993	$	(376)	$	617

(A) As a result of Hüppe being divested in May 2021, both gross goodwill and accumulated impairment losses for the Plumbing Products segment were reduced by $39 million.

The changes in the carrying amount of goodwill for the nine months ended September 30, 2021, by segment, were as follows, in millions:


	Gross Goodwill At December 31, 2020		Accumulated Impairment Losses		Net Goodwill At December 31, 2020		Acquisitions		Other (B)		Net Goodwill At September 30, 2021
Plumbing Products	$	613	$	(340)	$	273	$	63	$	(10)	$	326
Decorative Architectural Products	365		(75)		290		1		—		291


Total	$	978	$	(415)	$	563	$	64	$	(10)	$	617

(B) Other consists of the effect of foreign currency translation.

The carrying value of our other indefinite-lived intangible assets was $109 million at both September 30, 2021 and December 31, 2020 and principally included registered trademarks. The carrying value of our definite-lived intangible assets was $286 million (net of accumulated amortization of $70 million) and $248 million (net of accumulated amortization of $73 million) at September 30, 2021 and December 31, 2020, respectively, and principally included customer relationships. The increase in our definite-lived intangible assets is primarily a result of our acquisitions of Steamist and ESS.