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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the twelve months ended December 31, 2019 and 2018 were as follows:

In millions
Automotive OEM
 
Test & Measurement and Electronics
 
Food Equipment
 
Polymers & Fluids
 
Welding
 
Construction Products
 
Specialty Products
 
Total
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

2019 activity:


 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisitions / (divestitures)
—

 
2

 
—

 
—

 
—

 
—

 
(1
)
 
1

Transfer to assets held for sale
(5
)
 
(109
)
 
—

 
—

 
(4
)
 
—

 
(8
)
 
(126
)
Foreign currency translation
(5
)
 
—

 
(3
)
 
(2
)
 
(1
)
 
(1
)
 
(4
)
 
(16
)
Balance, December 31, 2019
$
466

 
$
1,245


$
256

 
$
887

 
$
258

 
$
512

 
$
868

 
$
4,492

Cumulative goodwill impairment charges, December 31, 2019
$
24

 
$
83

 
$
60

 
$
15

 
$
5

 
$
7

 
$
46

 
$
240
Schedule of Finite-lived Intangible Assets
Intangible assets as of December 31, 2019 and 2018 were as follows:

 
 
2019
 
2018
In millions
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Customer lists and relationships
 
$
1,530

 
$
(1,195
)
 
$
335

 
$
1,747

 
$
(1,282
)
 
$
465

Trademarks and brands
 
694

 
(434
)
 
260

 
759

 
(435
)
 
324

Patents and proprietary technology
 
581

 
(501
)
 
80

 
621

 
(506
)
 
115

Other
 
449

 
(433
)
 
16

 
478

 
(458
)
 
20

Total amortizable intangible assets
 
3,254

 
(2,563
)
 
691

 
3,605

 
(2,681
)
 
924

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brands
 
160

 
—

 
160

 
160

 
—

 
160

Total intangible assets
 
$
3,414

 
$
(2,563
)
 
$
851

 
$
3,765

 
$
(2,681
)
 
$
1,084
Schedule of Indefinite-lived Intangible Assets
Intangible assets as of December 31, 2019 and 2018 were as follows:

 
 
2019
 
2018
In millions
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Customer lists and relationships
 
$
1,530

 
$
(1,195
)
 
$
335

 
$
1,747

 
$
(1,282
)
 
$
465

Trademarks and brands
 
694

 
(434
)
 
260

 
759

 
(435
)
 
324

Patents and proprietary technology
 
581

 
(501
)
 
80

 
621

 
(506
)
 
115

Other
 
449

 
(433
)
 
16

 
478

 
(458
)
 
20

Total amortizable intangible assets
 
3,254

 
(2,563
)
 
691

 
3,605

 
(2,681
)
 
924

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brands
 
160

 
—

 
160

 
160

 
—

 
160

Total intangible assets
 
$
3,414

 
$
(2,563
)
 
$
851

 
$
3,765

 
$
(2,681
)
 
$
1,084
Schedule of Estimated Future Amortization Expense of Intangible Assets
As of December 31, 2019, the estimated future amortization expense of intangible assets for the twelve months ending December 31 was as follows:

In millions
 
2020
$
135

2021
117

2022
104

2023
85

2024
68