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Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill for the six months ended June 30, 2019 were as follows:
(Millions of dollars)
Americas
 
EMEA
 
APAC
 
Engineering
 
Other
 
Total
Balance, December 31, 2018*
$
9,174

 
$
10,960

 
$
5,295

 
$
1,075

 
$
370

 
$
26,874

Measurement period adjustments*
342

 
8

 
(303
)
 
—

 
—

 
47

Acquisitions
120

 
—

 
—

 
—

 
—

 
120

Foreign currency translation
—

 
(83
)
 
(1
)
 
—

 
(10
)
 
(94
)
Balance, June 30, 2019
$
9,636

 
$
10,885

 
$
4,991

 
$
1,075

 
$
360

 
$
26,947



* The final determination of the goodwill assignment to segments may result in further measurement period adjustments to the preliminary values recorded in the purchase accounting for the merger (see Note 4).
Schedule of Other Intangible Assets
Changes in the carrying amounts of other intangibles for the six months ended June 30, 2019 were as follows:
(Millions of dollars)
Customer relationships
 
Brands/Tradenames
 
Other Intangible Assets
 
Total
Cost:
 
 
 
 
 
 
 
Balance, December 31, 2018 (1)
$
13,288

 
$
2,288

 
$
1,366

 
$
16,942

Additions
25

 
6

 
10

 
41

Foreign currency translation
(46
)
 
(10
)
 
(3
)
 
(59
)
Other 
(1
)
 
—

 
21

 
20

Balance, June 30, 2019
$
13,266

 
$
2,284

 
$
1,394

 
$
16,944

Less: Accumulated amortization
 
 
 
 
 
 
 
Balance, December 31, 2018
$
(317
)
 
$
(22
)
 
$
(380
)
 
$
(719
)
Amortization expense
(314
)
 
(18
)
 
(93
)
 
(425
)
Foreign currency translation
(1
)
 
—

 
3

 
2

Other 
—

 
—

 
2

 
2

Balance, June 30, 2019
$
(632
)
 
$
(40
)
 
$
(468
)
 
$
(1,140
)
Net balance at June 30, 2019
$
12,634

 
$
2,244

 
$
926

 
$
15,804



(1)
Final determination of the intangible asset values may result in measurement period adjustments to the preliminary values recorded in the purchase accounting for the merger (see Note 4).
Schedule of Estimated Future Amortization Expense
Total estimated annual amortization expense is as follows:
(Millions of dollars)
 
Remaining 2019
$
465

2020
996

2021
839

2022
806

2023
783

Thereafter
10,246

Total amortization related to finite-lived intangible assets
14,135

Indefinite-lived intangible assets at June 30, 2019
1,669

Net intangible assets at June 30, 2019
$
15,804