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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Change in the Carrying Amount of Goodwill by Segment
The change in the carrying amount of goodwill by segment is as follows:
In millionsFreight
Segment
Transit
Segment
Total
Balance at December 31, 2021$7,073 $1,514 $8,587 
Additions35 — 35 
Foreign currency impact(23)(91)(114)
Balance at December 31, 2022$7,085 $1,423 $8,508 
Additions215 — 215 
Disposals(4)— (4)
Foreign currency impact16 45 61 
Balance at December 31, 2023$7,312 $1,468 $8,780 
Summary of Intangible Assets of the Company, Other Than Goodwill and Trademarks
Intangible assets of the Company, other than goodwill and trade names, consist of the following:
 December 31, 2023December 31, 2022
In millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Backlog$1,431 $(526)$905 $1,425 $(415)$1,010 
Customer relationships1,333 (431)902 1,274 (362)912 
Acquired technology1,283 (497)786 1,273 (395)878 
Total$4,047 $(1,454)$2,593 $3,972 $(1,172)$2,800 
Summary of Estimated Amortization Expense Five Succeeding Years
Estimated amortization expense for the five succeeding years is as follows (in millions):
2024$289 
2025$272 
2026$267 
2027$262 
2028$261