Goodwill and Other Identifiable Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill Attributable to Each Reportable Segment

The change in the carrying amount of goodwill attributable to each reportable segment for the three months ended March 31, 2025 was as follows:

($ in millions)	Global Architectural Coatings	Performance Coatings	Industrial Coatings	Total
January 1, 2025	$2,688	$1,854	$1,148	$5,690
Foreign currency impact and other	93	15	26	134
March 31, 2025	$2,781	$1,869	$1,174	$5,824

As of both March 31, 2025 and December 31, 2024, accumulated goodwill impairment losses totaled $158 million, all of which relates to the Performance Coatings reportable segment.

Identifiable Intangible Assets with Finite Lives

A summary of the carrying value of the Company's identifiable intangible assets is as follows:

	March 31, 2025			December 31, 2024
($ in millions)	Gross Carrying Amount	Accumulated Amortization	Net	Gross Carrying Amount	Accumulated Amortization	Net
Indefinite-Lived Identifiable Intangible Assets
Trademarks	$1,150	$—	$1,150	$1,123	$—	$1,123
Definite-Lived Identifiable Intangible Assets
Acquired technology	$806	($679)	$127	$800	($666)	$134
Customer-related	1,698	(1,157)	541	1,656	(1,106)	550
Trade names	285	(171)	114	276	(162)	114
Other	44	(43)	1	43	(42)	1
Total Definite-Lived Intangible Assets	$2,833	($2,050)	$783	$2,775	($1,976)	$799
Total Identifiable Intangible Assets	$3,983	($2,050)	$1,933	$3,898	($1,976)	$1,922

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of March 31, 2025, estimated future amortization expense of identifiable intangible assets is as follows:

($ in millions)	Future Amortization Expense
Remaining nine months of 2025	$95
2026	$97
2027	$89
2028	$81
2029	$75
2030	$64
Thereafter	$282