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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 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 |  | 12 |  |  | 9 |  |  | 56 |  |  | 2 |  |  | 79 |
Balance as of June 30, 2023 |  | $ | 4,521 |  | $ | 1,510 |  | $ | 6,571 |  | $ | 267 |  | $ | 12,869
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) |  | June 30, 2023 |  | December 31, 2022
Customer related intangible assets |  | $ | 4,084 |  |  | $ | 4,062 |
Patents |  | 429 |  |  | 426 |
Other technology-based intangible assets |  | 2,089 |  |  | 2,081 |
Definite-lived tradenames |  | 1,167 |  |  | 1,166 |
Other amortizable intangible assets |  | 82 |  |  | 84 |
Total gross carrying amount |  | 7,851 |  |  | 7,819 |
Accumulated amortization — customer related |  | (1,872) |  |  | (1,747) |
Accumulated amortization — patents |  | (426) |  |  | (421) |
Accumulated amortization — other technology-based |  | (1,098) |  |  | (1,000) |
Accumulated amortization — definite-lived tradenames |  | (543) |  |  | (509) |
Accumulated amortization — other |  | (59) |  |  | (60) |
Total accumulated amortization |  | (3,998) |  |  | (3,737) |
Total finite-lived intangible assets — net |  | 3,853 |  |  | 4,082 |
Non-amortizable intangible assets (primarily tradenames) |  | 617 |  |  | 617 |
Total intangible assets — net |  | $ | 4,470 |  |  | $ | 4,699 |
Schedule of Amortization Expense for Acquired Intangible Assets | Amortization expense follows:
|  | Three months ended June 30, |  | Twelve months ended December 31, |  |
(Millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |  |  |
Amortization expense |  | $ | 121 |  |  | $ | 129 |  |  | $ | 243 |  |  | $ | 260 |  |  |  |  |  |  |
Schedule of Expected Amortization Expense for Acquired Amortizable Intangible Assets | Expected amortization expense for acquired amortizable intangible assets recorded as of June 30, 2023 follows:
(Millions) |  | Remainder of 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | After 2028
Amortization expense |  | $ | 236 |  |  | $ | 453 |  |  | $ | 423 |  |  | $ | 418 |  |  | $ | 398 |  |  | $ | 379 |  |  | $ | 1,546 |

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