Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Net Carrying Value 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	—		640		640
Fetch purchase price allocation adjustments	—		2		2
Antuit purchase price allocation adjustments	—		(4)		(4)
Foreign exchange impact	—		(4)		(4)
Goodwill as of December 31, 2022	$	169	$	3,730	$	3,899
Advanced location technology business move to AIT, effective April 2, 2023	60		(60)		—
Matrox purchase price allocation adjustments	—		(1)		(1)
Foreign exchange impact	—		(3)		(3)
Goodwill as of December 31, 2023	$	229	$	3,666	$	3,895

Schedule of Amortized Intangible Assets

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

	As of December 31, 2023						As of December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets
Technology and patents	$	951	$	(680)	$	271	$	951	$	(621)	$	330
Customer and other relationships	861		(615)		246		860		(576)		284
Trade names	66		(56)		10		66		(50)		16
Total	$	1,878	$	(1,351)	$	527	$	1,877	$	(1,247)	$	630

Schedule of Estimated Future Intangible Asset Amortization Expense

Estimated future intangible asset amortization expense is as follows (in millions):

Year Ended December 31,
2024	$	101
2025	95
2026	92
2027	77
2028	60
Thereafter	102
Total	$	527