Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

NOTE E. GOODWILL AND OTHER INTANGIBLE ASSETS

As of September 30, 2019 and December 31, 2018, the carrying amount of the Company’s Goodwill was $2,040 million and $1,941 million, respectively.

The following presents a summary of other intangible assets (dollars in millions):

	September 30, 2019							December 31, 2018
	Intangible assets, gross		Accumulated amortization			Intangible assets, net		Intangible assets, gross		Accumulated amortization			Intangible assets, net
Other intangible assets:
Trade name	$	791	$	—		$	791	$	790	$	—		$	790
In process research and development		50		—			50		—		—			—
Customer relationships — commercial		839		(653	)		186		832		(619	)		213
Proprietary technology		479		(463	)		16		476		(434	)		42
Customer relationships — defense		62		(44	)		18		62		(41	)		21
Total	$	2,221	$	(1,160	)	$	1,061	$	2,160	$	(1,094	)	$	1,066

As of September 30, 2019 and December 31, 2018, the net carrying value of the Company’s Goodwill and other intangible assets, net was $3,101 million and $3,007 million, respectively. See NOTE T, "Acquisitions" for details on the increase in the Company's Goodwill and other intangible assets, gross.

Amortization expense related to other intangible assets for the next five fiscal years is expected to be (dollars in millions):

	2020		2021		2022		2023		2024
Amortization expense	$	51	$	46	$	45	$	43	$	8