XML 22 R12.htm IDEA: XBRL DOCUMENT v3.22.2
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following is a reconciliation of goodwill by business segment.
(in millions)AmericasEMEAAPACHillromTotal
Balance as of December 31, 2021$2,517 $309 $224 $6,786 $9,836 
Acquisition accounting adjustments— — — 35 35 
Currency translation(150)(17)(14)(46)(227)
Balance as of June 30, 2022$2,367 $292 $210 $6,775 $9,644 
As of June 30, 2022, there were no reductions in goodwill relating to impairment losses.
Other intangible assets, net
The following is a summary of our other intangible assets.
Indefinite-lived intangible assets
(in millions)Customer relationshipsDeveloped technology, including patentsOther amortized intangible assetsTrade namesIn process Research and Development
Total
June 30, 2022
Gross other intangible assets$3,452 $3,802 $319 $1,910 $230 $9,713 
Accumulated amortization(347)(1,685)(222)— — (2,254)
Other intangible assets, net$3,105 $2,117 $97 $1,910 $230 $7,459 
December 31, 2021
Gross other intangible assets$3,437 $3,801 $344 $1,910 $230 $9,722 
Accumulated amortization(162)(1,556)(212)— — (1,930)
Other intangible assets, net$3,275 $2,245 $132 $1,910 $230 $7,792 
Intangible asset amortization expense was $193 million and $67 million for the three months ended June 30, 2022 and 2021, respectively, and $410 million and $131 million for the six months ended June 30, 2022 and 2021.