Goodwill

12 Months Ended

Sep. 27, 2024

Goodwill.

Goodwill

7. Goodwill

The changes in the carrying amount of goodwill by segment were as follows:

	Transportation		Industrial		Communications
	Solutions		Solutions		Solutions		Total
	(in millions)
Balance at fiscal year end 2022(1)	$	1,439	$	3,118	$	701	$	5,258
Acquisition		—		75		—		75
Currency translation and other		39		70		21		130
Balance at fiscal year end 2023(1)		1,478		3,263		722		5,463
Acquisition		—		180		—		180
Currency translation and other		41		95		22		158
Balance at fiscal year end 2024(1)	$	1,519	$	3,538	$	744	$	5,801

(1) At fiscal year end 2024, 2023, and 2022, accumulated impairment losses for the Transportation Solutions, Industrial Solutions, and Communications Solutions segments were $3,091 million, $669 million, and $489 million, respectively.

During fiscal 2024 and 2023, we recognized goodwill of $180 million and $75 million, respectively, in the Industrial Solutions segment connection with new acquisitions. See Note 4 for additional information regarding acquisitions.

We completed our annual goodwill impairment test in the fourth quarter of fiscal 2024 and determined that no impairment existed.