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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 were as follows:

In millions
Automotive OEM
 
Test & Measurement and Electronics
 
Food Equipment
 
Polymers & Fluids
 
Welding
 
Construction Products
 
Specialty Products
 
Total
Balance, December 31, 2016
$
456

 
$
1,336

 
$
249

 
$
889

 
$
260

 
$
508

 
$
860

 
$
4,558

2017 activity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisitions & divestitures

 

 

 

 

 

 
1

 
1

Foreign currency translation
32

 
36

 
20

 
30

 
12

 
22

 
41

 
193

Balance, December 31, 2017
488

 
1,372

 
269

 
919

 
272

 
530

 
902

 
4,752

2018 activity:


 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
(12
)
 
(20
)
 
(10
)
 
(30
)
 
(9
)
 
(17
)
 
(21
)
 
(119
)
Balance, December 31, 2018
$
476

 
$
1,352


$
259

 
$
889

 
$
263

 
$
513

 
$
881

 
$
4,633

Cumulative goodwill impairment charges, December 31, 2018
$
24

 
$
83

 
$
60

 
$
15

 
$
5

 
$
7

 
$
46

 
$
240

Schedule of Finite-lived Intangible Assets
Intangible assets as of December 31, 2018 and 2017 were as follows:

 
 
2018
 
2017
In millions
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Customer lists and relationships
 
$
1,747

 
$
(1,282
)
 
$
465

 
$
1,753

 
$
(1,182
)
 
$
571

Trademarks and brands
 
759

 
(435
)
 
324

 
761

 
(391
)
 
370

Patents and proprietary technology
 
621

 
(506
)
 
115

 
623

 
(473
)
 
150

Other
 
478

 
(458
)
 
20

 
474

 
(453
)
 
21

Total amortizable intangible assets
 
3,605

 
(2,681
)
 
924

 
3,611

 
(2,499
)
 
1,112

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brands
 
160

 

 
160

 
160

 

 
160

Total intangible assets
 
$
3,765

 
$
(2,681
)
 
$
1,084

 
$
3,771

 
$
(2,499
)
 
$
1,272

Schedule of Indefinite-lived Intangible Assets
Intangible assets as of December 31, 2018 and 2017 were as follows:

 
 
2018
 
2017
In millions
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Customer lists and relationships
 
$
1,747

 
$
(1,282
)
 
$
465

 
$
1,753

 
$
(1,182
)
 
$
571

Trademarks and brands
 
759

 
(435
)
 
324

 
761

 
(391
)
 
370

Patents and proprietary technology
 
621

 
(506
)
 
115

 
623

 
(473
)
 
150

Other
 
478

 
(458
)
 
20

 
474

 
(453
)
 
21

Total amortizable intangible assets
 
3,605

 
(2,681
)
 
924

 
3,611

 
(2,499
)
 
1,112

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brands
 
160

 

 
160

 
160

 

 
160

Total intangible assets
 
$
3,765

 
$
(2,681
)
 
$
1,084

 
$
3,771

 
$
(2,499
)
 
$
1,272

Estimated Amortization Expense of Intangible Assets
The estimated amortization expense of intangible assets for the future years ending December 31 is as follows:

In millions
 
2019
$
163

2020
142

2021
124

2022
111

2023
92