Note 3 - Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

Note 3. Goodwill and Other Intangible Assets

Changes in the carrying amount of goodwill by segment — 

	Off-Highway
Balance, December 31, 2023	$	263
Reclassified to disposal group held for sale		(2	)
Currency impact		(5	)
Balance, June 30, 2024	$	256

Components of other intangible assets — 

			June 30, 2024							December 31, 2023
	Weighted Average Useful Life (years)		Gross Carrying Amount		Accumulated Impairment and Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Impairment and Amortization			Net Carrying Amount
Amortizable intangible assets
Core technology		8	$	157	$	(129	)	$	28	$	159	$	(126	)	$	33
Trademarks and trade names		13		25		(15	)		10		29		(15	)		14
Customer relationships		8		491		(438	)		53		503		(441	)		62
Non-amortizable intangible assets
Trademarks and trade names				72					72		73					73
			$	745	$	(582	)	$	163	$	764	$	(582	)	$	182

Net carrying amounts of intangible assets, other than goodwill, attributable to each of our operating segments—  

	June 30, 2024
Light Vehicle	$	12
Commercial Vehicle		55
Off-Highway		93
Power Technologies		3
	$	163

Amortization expense related to amortizable intangible assets — 

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Charged to cost of sales	$	2	$	2	$	4	$	4
Charged to amortization of intangibles		4		4		7		7
Total amortization	$	6	$	6	$	11	$	11