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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The goodwill balance by business segment follows:
(Millions) |  | Safety and Industrial |  | Transportation and Electronics |  | Health Care |  | Consumer |  | Total Company
Balance as of December 31, 2022 |  | $ | 4,509 |  | $ | 1,501 |  | $ | 6,515 |  | $ | 265 |  | $ | 12,790
Translation and other |  | 10 |  |  | 6 |  |  | 40 |  |  | 9 |  |  | 65 |
Balance as of March 31, 2023 |  | $ | 4,519 |  | $ | 1,507 |  | $ | 6,555 |  | $ | 274 |  | $ | 12,855
Schedule of acquired intangible assets | The carrying amount and accumulated amortization of acquired finite-lived intangible assets, in addition to the balance of non-amortizable intangible assets follow:
(Millions) |  | March 31, 2023 |  | December 31, 2022
Customer related intangible assets |  | $ | 4,075 |  |  | $ | 4,062 |
Patents |  | 429 |  |  | 426 |
Other technology-based intangible assets |  | 2,086 |  |  | 2,081 |
Definite-lived tradenames |  | 1,166 |  |  | 1,166 |
Other amortizable intangible assets |  | 83 |  |  | 84 |
Total gross carrying amount |  | 7,839 |  |  | 7,819 |
Accumulated amortization — customer related |  | (1,812) |  |  | (1,747) |
Accumulated amortization — patents |  | (425) |  |  | (421) |
Accumulated amortization — other technology-based |  | (1,050) |  |  | (1,000) |
Accumulated amortization — definite-lived tradenames |  | (525) |  |  | (509) |
Accumulated amortization — other |  | (59) |  |  | (60) |
Total accumulated amortization |  | (3,871) |  |  | (3,737) |
Total finite-lived intangible assets — net |  | 3,968 |  |  | 4,082 |
Non-amortizable intangible assets (primarily tradenames) |  | 617 |  |  | 617 |
Total intangible assets — net |  | $ | 4,585 |  |  | $ | 4,699 |
Schedule of amortization expense for acquired intangible assets | Amortization expense follows:
|  | Three months ended March 31, |  |  |  |
(Millions) |  | 2023 |  | 2022 |  |  |  |  |  |  |  |  |  |
Amortization expense |  | $ | 122 |  |  | $ | 131 |  |  |  |  |  |  |  |  |  |  |
Schedule of expected amortization expense for acquired amortizable intangible assets | Expected amortization expense for acquired amortizable intangible assets recorded as of March 31, 2023 follows:
(Millions) |  | Remainder of 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | After 2028
Amortization expense |  | $ | 356 |  |  | $ | 452 |  |  | $ | 422 |  |  | $ | 416 |  |  | $ | 397 |  |  | $ | 378 |  |  | $ | 1,547 |

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