Goodwill

9 Months Ended

Sep. 30, 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	1,270	160	281	(3)	1,708
Foreign currency translation adjustment	(11)	1	38	12	40
Divestitures	–	–	(201)	–	(201)
Reclassified from held for sale	–	–	201	–	201
Carrying value, September 30, 2024	5,676	2,913	1,681	636	10,906
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	15	237	28	74	354
Foreign currency translation adjustment	1	1	(6)	(4)	(8)
Carrying value, September 30, 2023	4,423	2,755	1,785	582	9,545

There were no charges for goodwill impairment in the nine months ended September 30, 2024 and September 30, 2023.