Goodwill

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

7. Goodwill

The changes in the carrying amount of goodwill were:

in $ millions	Americas Materials Solutions	Americas Building Solutions	Europe Materials Solutions	Europe Building Solutions	Total
Carrying value, December 31, 2023	4,417	2,752	1,362	627	9,158
Acquisitions	976	52	(1)	(2)	1,025
Foreign currency translation adjustment	(12)	(4)	(27)	(15)	(58)
Divestitures	-	-	(197)	-	(197)
Reclassified from held for sale	-	-	197	-	197
Carrying value, March 31, 2024	5,381	2,800	1,334	610	10,125
in $ millions	Americas Materials Solutions	Americas Building Solutions	Europe Materials Solutions	Europe Building Solutions	Total
Carrying value, December 31, 2022	4,407	2,517	1,763	512	9,199
Acquisitions	34	240	38	86	398
Foreign currency translation adjustment	8	(5)	57	29	89
Impairment charge for the year	(32)	-	(295)	-	(327)
Reclassified as held for sale	-	-	(201)	-	(201)
Carrying value, December 31, 2023	4,417	2,752	1,362	627	9,158
in $ millions	Americas Materials Solutions	Americas Building Solutions	Europe Materials Solutions	Europe Building Solutions	Total
Carrying value, December 31, 2022	4,407	2,517	1,763	512	9,199
Acquisitions	6	(10)	1	67	64
Foreign currency translation adjustment	(3)	-	38	10	45
Carrying value, March 31, 2023	4,410	2,507	1,802	589	9,308

There were no charges for goodwill impairment in the three months ended March 31, 2024 and March 31, 2023.