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GOODWILL AND OTHER INTANGIBLE ASSETS - NET
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS - NET GOODWILL AND OTHER INTANGIBLE ASSETS—NET
The following table summarizes the change in the carrying amount of goodwill for the six months ended June 30, 2024, by reportable business segment:
December 31, 2023Acquisitions/
Divestitures
Currency
Translation
Adjustment
June 30, 2024
Aerospace Technologies
$2,386 $— $(3)$2,383 
Industrial Automation
9,650 — (66)9,584 
Building Automation
3,380 2,878 (32)6,226 
Energy and Sustainability Solutions
1,727 — (3)1,724 
Corporate and All Other906 — 907 
Total Goodwill$18,049 $2,878 $(103)$20,824 
Other intangible assets are comprised of:
 June 30, 2024December 31, 2023
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Definite-life intangibles
      
Patents and technology$2,652 $(1,872)$780 $2,399 $(1,837)$562 
Customer relationships5,894 (2,671)3,223 4,199 (2,601)1,598 
Trademarks390 (291)99 362 (284)78 
Other413 (278)135 299 (277)22 
Total definite-life intangibles—net
9,349 (5,112)4,237 7,259 (4,999)2,260 
Indefinite-life intangibles
Trademarks971 — 971 971 — 971 
Total Other intangible assets—net$10,320 $(5,112)$5,208 $8,230 $(4,999)$3,231 
Other intangible assets amortization includes $85 million and $155 million of acquisition-related intangible amortization expense for the three and six months ended June 30, 2024, respectively, and $61 million and $129 million for the three and six months ended June 30, 2023, respectively.