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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2023
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, 2022$1,965 $289 $210 $3,988 $6,452 
Currency translation and other(22)(3)(2)(7)(34)
Balance as of June 30, 2023$1,943 $286 $208 $3,981 $6,418 
For the periods ended June 30, 2023 and 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, 2023
Gross other intangible assets$3,444 $3,863 $320 $1,570 $163 $9,360 
Accumulated amortization(574)(2,069)(247)— — (2,890)
Other intangible assets, net$2,870 $1,794 $73 $1,570 $163 $6,470 
December 31, 2022
Gross other intangible assets$3,442 $3,836 $325 $1,571 $202 $9,376 
Accumulated amortization(460)(1,888)(235)— — (2,583)
Other intangible assets, net$2,982 $1,948 $90 $1,571 $202 $6,793 
Intangible asset amortization expense was $157 million and $193 million for the three months ended June 30, 2023 and 2022, respectively, and $319 million and $410 million for the six months ended June 30, 2023 and 2022, respectively.