Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The goodwill balance by business segment follows:

(Millions)	Safety and Industrial		Transportation and Electronics		Health Care		Consumer		Total Company
Balance as of December 31, 2022	$	4,509	$	1,501	$	6,515	$	265	$	12,790
Translation and other	10		6		40		9		65
Balance as of March 31, 2023	$	4,519	$	1,507	$	6,555	$	274	$	12,855

Schedule of acquired intangible assets

The carrying amount and accumulated amortization of acquired finite-lived intangible assets, in addition to the balance of non-amortizable intangible assets follow:

(Millions)	March 31, 2023		December 31, 2022
Customer related intangible assets	$	4,075	$	4,062
Patents	429		426
Other technology-based intangible assets	2,086		2,081
Definite-lived tradenames	1,166		1,166
Other amortizable intangible assets	83		84
Total gross carrying amount	7,839		7,819
Accumulated amortization — customer related	(1,812)		(1,747)
Accumulated amortization — patents	(425)		(421)
Accumulated amortization — other technology-based	(1,050)		(1,000)
Accumulated amortization — definite-lived tradenames	(525)		(509)
Accumulated amortization — other	(59)		(60)
Total accumulated amortization	(3,871)		(3,737)
Total finite-lived intangible assets — net	3,968		4,082
Non-amortizable intangible assets (primarily tradenames)	617		617
Total intangible assets — net	$	4,585	$	4,699

Schedule of amortization expense for acquired intangible assets

Amortization expense follows:

	Three months ended March 31,
(Millions)	2023		2022
Amortization expense	$	122	$	131

Schedule of expected amortization expense for acquired amortizable intangible assets

Expected amortization expense for acquired amortizable intangible assets recorded as of March 31, 2023 follows:

(Millions)	Remainder of 2023		2024		2025		2026		2027		2028		After 2028
Amortization expense	$	356	$	452	$	422	$	416	$	397	$	378	$	1,547