Goodwill and Other Intangibles (Tables)

6 Months Ended

Jul. 02, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the net carrying value of goodwill by segment were as follows (in millions):

	AIT		EVM		Total
Goodwill as of December 31, 2021	$	169	$	3,096	$	3,265
Matrox acquisition	—		664		664
Goodwill as of July 2, 2022	$	169	$	3,760	$	3,929

Schedule of Finite-Lived Intangible Assets

The balances in Other Intangibles, net consisted of the following (in millions):

	As of July 2, 2022						As of December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Technology and patents	$	948	$	(592)	$	356	$	889	$	(566)	$	323
Customer and other relationships	826		(541)		285		631		(503)		128
Trade names	66		(48)		18		64		(46)		18
Total	$	1,840	$	(1,181)	$	659	$	1,584	$	(1,115)	$	469

Estimated Future Intangible Asset Amortization Expense

As of July 2, 2022, estimated future intangible asset amortization expense is as follows (in millions):

2022 (remaining 6 months)	$	66
2023	99
2024	94
2025	93
2026	89
Thereafter	218
Total	$	659