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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table shows changes in the carrying amounts of goodwill by reportable segment for the years ended December 31, 2023 and 2022:

GoodwillPackaging & Specialty PlasticsIndustrial Intermediates & InfrastructurePerformance Materials & CoatingsTotal
In millions
Balance at Jan 1, 2022$5,105 $1,096 $2,563 $8,764 
Foreign currency impact(5)(3)(112)(120)
Balance at Dec 31, 2022$5,100 $1,093 $2,451 $8,644 
Foreign currency impact(7)(3)
Balance at Dec 31, 2023$5,103 $1,094 $2,444 $8,641 
Schedule of Intangible Assets and Goodwill
The following table provides information regarding the Company’s other intangible assets:

Other Intangible Assets at Dec 3120232022
In millionsGross
Carrying
Amount
Accum AmortNetGross
Carrying
Amount
Accum AmortNet
Intangible assets:
Developed technology$2,634 $(2,181)$453 $2,651 $(2,025)$626 
Software1,352 (981)371 1,358 (962)396 
Trademarks/tradenames352 (346)352 (345)
Customer-related3,108 (1,866)1,242 3,103 (1,690)1,413 
Total other intangible assets$7,446 $(5,374)$2,072 $7,464 $(5,022)$2,442 
Finite-lived Intangible Assets Amortization Expense
The following table provides information regarding amortization expense related to intangible assets:

Amortization Expense202320222021
In millions
Other intangible assets, excluding software$324 $336 $388 
Software, included in "Cost of sales"$70 $80 $90 
Schedule of estimated future amortization expense
Total estimated amortization expense for the next five fiscal years, including amounts expected to be capitalized, is as follows:

Estimated Amortization Expense for Next Five Years
In millions
2024$379 
2025$288 
2026$213 
2027$178 
2028$157