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Intangible assets and goodwill (Tables)
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets are comprised of the following:
 
 
 
 
 
December 31, 2015
(Millions of dollars)
 
Weighted
Amortizable
Life (Years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Customer relationships
 
15
 
$
2,489

 
$
(809
)
 
$
1,680

Intellectual property
 
11
 
1,660

 
(626
)
 
1,034

Other
 
12
 
174

 
(67
)
 
107

Total finite-lived intangible assets
 
14
 
$
4,323

 
$
(1,502
)
 
$
2,821

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
Weighted
Amortizable
Life (Years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Customer relationships
 
15
 
$
2,489

 
$
(669
)
 
$
1,820

Intellectual property
 
11
 
1,724

 
(578
)
 
1,146

Other
 
11
 
239

 
(129
)
 
110

Total finite-lived intangible assets
 
14
 
$
4,452

 
$
(1,376
)
 
$
3,076

 
 
 
 
 
 
 
 
 
Expected amortization expense related to intangible assets
As of December 31, 2015, amortization expense related to intangible assets is expected to be:
 
(Millions of dollars)
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
$
341

 
$
330

 
$
324

 
$
321

 
$
314

 
$
1,191

 
 
 
 
 
 
 
 
 
 
 
Goodwill
The changes in carrying amount of goodwill by reportable segment for the years ended December 31, 2015 and 2014 were as follows:
(Millions of dollars)
 
December 31, 2014
 
Acquisitions 1
 
Held for Sale and Business Divestitures 2
 
Impairment Loss
 
Other Adjustments 3
 
December 31, 2015
Construction Industries
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
297

 
$
—

 
$
—

 
$
—

 
$
(12
)
 
$
285

Impairment
 
(22
)
 
—

 
—

 
—

 
—

 
(22
)
Net goodwill
 
275

 
—

 
—

 
—

 
(12
)
 
263

Resource Industries
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
4,287

 
—

 
—

 
—

 
(142
)
 
4,145

Impairment
 
(580
)
 
—

 
—

 
—

 
—

 
(580
)
Net goodwill
 
3,707

 
—

 
—

 
—

 
(142
)
 
3,565

Energy & Transportation
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
2,660

 
133

 
—

 
—

 
(55
)
 
2,738

All Other 4
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
52

 
—

 
—

 
—

 
(3
)
 
49

Consolidated total
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
7,296

 
133

 
—

 
—

 
(212
)
 
7,217

Impairment
 
(602
)
 
—

 
—

 
—

 
—

 
(602
)
Net goodwill
 
$
6,694

 
$
133

 
$
—

 
$
—

 
$
(212
)
 
$
6,615

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
Acquisitions 1
 
Held for Sale and Business Divestitures 2
 
Impairment Loss
 
Other Adjustments 3
 
December 31, 2014
Construction Industries
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
313

 
$
—

 
$
—

 
$
—

 
$
(16
)
 
$
297

Impairment
 
(22
)
 
—

 
—

 
—

 
—

 
(22
)
Net goodwill
 
291

 
—

 
—

 
—

 
(16
)
 
275

Resource Industries
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
4,468

 
—

 
(15
)
 
—

 
(166
)
 
4,287

Impairment
 
(580
)
 
—

 
—

 
—

 
—

 
(580
)
Net goodwill
 
3,888

 
—

 
(15
)
 
—

 
(166
)
 
3,707

Energy & Transportation
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
2,718

 
7

 
—

 
—

 
(65
)
 
2,660

All Other 4
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
59

 
—

 
—

 
—

 
(7
)
 
52

Consolidated total
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
7,558

 
7

 
(15
)
 
—

 
(254
)
 
7,296

Impairment
 
(602
)
 
—

 
—

 
—

 
—

 
(602
)
Net goodwill
 
$
6,956

 
$
7

 
$
(15
)
 
$
—

 
$
(254
)
 
$
6,694

1 
See Note 24 for additional information.
2 
See Note 25 for additional information.
3 
Other adjustments are comprised primarily of foreign currency translation.
4 
Includes All Other operating segments (See Note 23).