GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill Balances

Changes in the carrying value of Goodwill for years ending December 31, 2024, 2023 and 2022 were as follows:

	Commercial Engines & Services		Defense & Propulsion Technologies		Total
Balance at December 31, 2022	$	6,386	$	2,449	$	8,835
Goodwill adjustments(a)	86		26		113
Balance at December 31, 2023	$	6,472	$	2,476	$	8,948
Goodwill impairment	—		(251)		(251)
Goodwill adjustments(a)	(131)		(28)		(159)
Balance at December 31, 2024	$	6,341	$	2,197	$	8,538

(a) Goodwill adjustments are primarily related to foreign currency exchange.

Schedule of Intangible Assets Subject to Amortization

		2024						2023
INTANGIBLE ASSETS SUBJECT TO AMORTIZATION December 31	Useful lives (in years)	Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net
Customer-related(a)	3-15	$	3,850	$	(2,083)	$	1,767	$	3,845	$	(1,898)	$	1,947
Patents and technology	5-15	2,744		(759)		1,985		3,000		(814)		2,186
Capitalized software	5	1,296		(803)		493		1,287		(796)		491
Trademarks & other	13	70		(58)		13		73		(55)		18
Total		$	7,960	$	(3,703)	$	4,257	$	8,205	$	(3,563)	$	4,642

(a) Balance includes payments made to our customers, primarily within our Commercial Engines & Services segment.

Schedule of Estimated 5 Year Consolidation Amortization

Estimated consolidated annual pre-tax amortization for intangible assets over the next five calendar years are as follows:

ESTIMATED 5 YEAR CONSOLIDATED AMORTIZATION	2025		2026		2027		2028		2029
Estimated annual pre-tax amortization	$	348	$	343	$	329	$	322	$	323