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GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table shows changes in the carrying amount of goodwill from December 31, 2022 to December 31, 2024 by reportable segment:
Performance
Coatings
Mobility
Coatings
Total
December 31, 2022$1,422 $76 $1,498 
Goodwill from acquisitions38 — 38 
Purchase accounting and other adjustments(1)— (1)
Foreign currency translation54 56 
December 31, 2023$1,513 $78 $1,591 
Goodwill from acquisitions112 — 112 
Foreign currency translation(59)(4)(63)
December 31, 2024$1,566 $74 $1,640 
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class
The following tables summarize the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
December 31, 2024Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology$152 $(88)$64 11.1
Trademarks—indefinite-lived252 — 252 Indefinite
Trademarks—definite-lived154 (70)84 14.0
Customer relationships1,280 (531)749 19.1
Total$1,838 $(689)$1,149 
December 31, 2023Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology$162 $(88)$74 11.2
Trademarks—indefinite-lived264 — 264 Indefinite
Trademarks—definite-lived142 (60)82 14.5
Customer relationships1,194 (484)710 19.0
Total$1,762 $(632)$1,130 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated amortization expense related to the fair value of acquired intangible assets for each of the succeeding five years is:
2025$95 
2026$95 
2027$94 
2028$80 
2029$76