Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill at June 30, 2022, by segment, was as follows, in millions:

	Gross Goodwill At June 30, 2022		Accumulated Impairment Losses		Net Goodwill At June 30, 2022
Plumbing Products	$	609	$	(301)	$	308
Decorative Architectural Products	366		(120)		246
Total	$	975	$	(421)	$	554

F. GOODWILL AND OTHER INTANGIBLE ASSETS, Concluded

The changes in the carrying amount of goodwill for the six months ended June 30, 2022, by segment, were as follows, in millions: 

	Gross Goodwill At December 31, 2021		Accumulated Impairment Losses		Net Goodwill At December 31, 2021		Other (B)		Net Goodwill At June 30, 2022
Plumbing Products (A)	$	623	$	(301)	$	322	$	(14)	$	308
Decorative Architectural Products	366		(120)		246		—		246
Total	$	989	$	(421)	$	568	$	(14)	$	554

(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.

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

The carrying value of our other indefinite-lived intangible assets was $108 million and $109 million at June 30, 2022 and December 31, 2021, respectively, and principally included registered trademarks. The carrying value of our definite-lived intangible assets was $261 million (net of accumulated amortization of $79 million) and $279 million (net of accumulated amortization of $75 million) at June 30, 2022 and December 31, 2021, respectively, and principally included customer relationships.