Changes in Carrying Amount of Goodwill |
The changes in the carrying amount of goodwill in each of the Company’s reportable segments for the nine-month period ended June 30, 2022 were as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Business Acquisitions | | Business Divestitures | | Impairments | | Currency Translation and Other | | | | September 30, | | | | | | June 30, | | 2021 | | | | | | 2022 | | | | | | | | | | | | | Building Solutions North America | $ | 9,215 | | | $ | 24 | | | $ | — | | | $ | (235) | | | $ | (8) | | | $ | 8,996 | | Building Solutions EMEA/LA | 2,041 | | | 77 | | | (98) | | | — | | | (185) | | | 1,835 | | Building Solutions Asia Pacific | 1,237 | | | 45 | | | (29) | | | — | | | (70) | | | 1,183 | | Global Products | 5,842 | | | 61 | | | — | | | — | | | (192) | | | 5,711 | | Total | $ | 18,335 | | | $ | 207 | | | $ | (127) | | | $ | (235) | | | $ | (455) | | | $ | 17,725 | |
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Other Intangible Assets |
The Company’s other intangible assets, primarily from business acquisitions, consisted of (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2022 | | September 30, 2021 | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Gross Carrying Amount | | Accumulated Amortization | | Net | Definite-lived intangible assets | | | | | | | | | | | | Technology | $ | 1,376 | | | $ | (640) | | | $ | 736 | | | $ | 1,464 | | | $ | (629) | | | $ | 835 | | Customer relationships | 2,810 | | | (1,258) | | | 1,552 | | | 3,097 | | | (1,191) | | | 1,906 | | Miscellaneous | 724 | | | (371) | | | 353 | | | 750 | | | (354) | | | 396 | | | 4,910 | | | (2,269) | | | 2,641 | | | 5,311 | | | (2,174) | | | 3,137 | | Indefinite-lived intangible assets | | | | | | | | | | | | Trademarks/trade names | 2,123 | | | — | | | 2,123 | | | 2,332 | | | — | | | 2,332 | | Miscellaneous | — | | | — | | | — | | | 80 | | | — | | | 80 | | | 2,123 | | | — | | | 2,123 | | | 2,412 | | | — | | | 2,412 | | Total intangible assets | $ | 7,033 | | | $ | (2,269) | | | $ | 4,764 | | | $ | 7,723 | | | $ | (2,174) | | | $ | 5,549 | |
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