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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets  
Goodwill

(Millions)

Safety and Industrial

Transportation and Electronics

Health Care

Consumer

Total Company

Balance as of December 31, 2018

$

4,716

$

1,857

$

3,248

$

230

$

10,051

Acquisition activity

3,469

3,469

Divestiture activity

(49)

(49)

Translation and other

(46)

(27)

22

24

(27)

Balance as of December 31, 2019

$

4,621

$

1,830

$

6,739

$

254

$

13,444

Acquisition activity

(34)

(34)

Divestiture activity

(10)

(19)

(29)

Translation and other

66

38

306

11

421

Balance as of December 31, 2020

$

4,687

$

1,858

$

6,992

$

265

$

13,802

Acquired Intangible Assets

    

December 31,

    

December 31,

 

(Millions)

    

2020

    

2019

 

Customer related intangible assets

$

4,280

$

4,316

Patents

 

537

 

538

Other technology-based intangible assets

 

2,114

 

2,124

Definite-lived tradenames

 

1,178

 

1,158

Other amortizable intangible assets

 

104

 

125

Total gross carrying amount

$

8,213

$

8,261

Accumulated amortization — customer related

 

(1,422)

 

(1,180)

Accumulated amortization — patents

 

(512)

 

(499)

Accumulated amortization — other technology-based

 

(638)

 

(435)

Accumulated amortization — definite-lived tradenames

 

(385)

 

(316)

Accumulated amortization — other

 

(79)

 

(90)

Total accumulated amortization

$

(3,036)

$

(2,520)

Total finite-lived intangible assets — net

$

5,177

$

5,741

Non-amortizable intangible assets (primarily tradenames)

 

658

 

638

Total intangible assets — net

$

5,835

$

6,379

Schedule of amortization expense for acquired intangible assets

Amortization expense for the years ended December 31 follows:

(Millions)

    

2020

    

2019

    

2018

 

Amortization expense

$

537

$

341

$

249

Schedule of expected amortization expense for acquired amortizable intangible assets

Expected amortization expense for acquired amortizable intangible assets recorded as of December 31, 2020 follows:

After

(Millions)

2021

2022

2023

2024

2025

2025

 

Amortization expense

$

528

$

515

$

488

$

459

$

428

$

2,759