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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in our goodwill balances for the year ended December 31, 2024 were as follows:
(dollars in millions)Balance as of December 31, 2023Acquisitions and DivestituresForeign Currency Translation and OtherBalance as of December 31, 2024
Collins Aerospace (1)
$33,135 $(676)$(236)$32,223 
Pratt & Whitney1,563   1,563 
Raytheon18,984  2 18,986 
Total Segments53,682 (676)(234)52,772 
Eliminations and other17   17 
Total$53,699 $(676)$(234)$52,789 
(1)    The reduction in Acquisitions and Divestitures includes the reclassification of goodwill to held for sale assets.
Schedule of Finite-Lived Intangible Assets Identifiable intangible assets are comprised of the following:
 20242023
(dollars in millions)Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Amortized:
Collaboration assets$6,159 $(1,996)$5,810 $(1,688)
Exclusivity assets3,692 (361)3,460 (352)
Developed technology and other1,197 (698)1,219 (635)
Customer relationships29,388 (12,401)29,605 (10,683)
 40,436 (15,456)40,094 (13,358)
Indefinite-lived:
Trademarks and other8,463  8,663  
Total$48,899 $(15,456)$48,757 $(13,358)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following is the expected amortization of intangible assets for 2025 through 2029:
(dollars in millions)20252026202720282029
Amortization expense$2,104$2,028$1,914$1,838$1,701