Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Apr. 05, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Change in Carrying Amount of Goodwill by Segment

The change in the carrying amount of goodwill for the three months ended April 5, 2025 by segment was as follows (in millions):

	Steel Mills		Steel Products			Raw Materials		Total
Balance at December 31, 2024	$	675	$	2,816		$	797	$	4,288
Translation		-		(1	)		-		(1	)
Balance at April 5, 2025	$	675	$	2,815		$	797	$	4,287

Schedule of Intangible Assets

Intangible assets with estimated useful lives of five to 25 years are amortized on a straight-line or accelerated basis and consisted of the following as of April 5, 2025 and December 31, 2024 (in millions):

	April 5, 2025				December 31, 2024
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Customer relationships	$	4,444	$	1,568	$	4,444	$	1,512
Trademarks and trade names		387		198		387		192
Other		129		125		129		122
	$	4,960	$	1,891	$	4,960	$	1,826