GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of goodwill by segment are as follows:

(In millions)	January 1, 2020		Additions		Goodwill reclassified to held for sale		Translation		December 31, 2020		Additions		Translation		December 31, 2021
Electrical Americas	$	6,352	$	97	$	—	$	7	$	6,456	$	971	$	(10)	$	7,417
Electrical Global	4,106		7		—		182		4,295		85		(197)		4,183
Hydraulics	921		—		(907)		(14)		—		—		—		—
Aerospace	1,706		15		—		56		1,777		1,091		(87)		2,781
Vehicle	291		—		—		2		293		—		(3)		290
eMobility	80		—		—		2		82		—		(2)		80
Total	$	13,456	$	119	$	(907)	$	235	$	12,903	$	2,147	$	(299)	$	14,751

The 2021 additions to goodwill relate to the anticipated synergies of acquiring Cobham Mission Systems, Tripp Lite, and Green Motion SA. The allocations of the purchase price from these acquisitions are preliminary and will be completed during the measurement periods. The 2020 additions to goodwill primarily relate to the anticipated synergies of acquiring Power Distribution, Inc.

A summary of other intangible assets is as follows:

	December 31
	2021				2020
(In millions)	Historical cost		Accumulated amortization		Historical cost		Accumulated amortization
Intangible assets not subject to amortization
Trademarks	$	1,374			$	1,382
Intangible assets subject to amortization
Customer relationships	$	4,752	$	1,974	$	3,415	$	1,795
Patents and technology	1,879		712		1,428		773
Trademarks	951		518		970		505
Other	165		62		91		38
Total intangible assets subject to amortization	$	7,747	$	3,266	$	5,904	$	3,111

Amortization expense related to intangible assets subject to amortization in 2021, and estimated amortization expense for each of the next five years, is as follows:

(In millions)
2021	$	431
2022	471
2023	421
2024	387
2025	382
2026	366