XML 41 R28.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in our goodwill balances for the nine months ended September 30, 2025 were as follows:
(dollars in millions)Balance as of December 31, 2024Acquisitions and Divestitures Foreign Currency Translation and Other
Balance as of September 30, 2025
Collins Aerospace (1)
$32,223 $(256)$777 $32,744 
Pratt & Whitney1,563 — — 1,563 
Raytheon18,986 — 1 18,987 
Total Segments52,772 (256)778 53,294 
Eliminations and other17 — — 17 
Total$52,789 $(256)$778 $53,311 
(1) The reduction related to Acquisitions and Divestitures includes the reclassification of goodwill to assets held for sale and presented in Other assets within the Condensed Consolidated Balance Sheet.
Schedule of Indefinite-Lived Intangible Assets Identifiable intangible assets are comprised of the following:
 September 30, 2025December 31, 2024
(dollars in millions)Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Amortized:
Collaboration assets$6,203 $(2,239)$6,159 $(1,996)
Exclusivity assets3,872 (251)3,692 (361)
Developed technology and other1,186 (739)1,197 (698)
Customer relationships29,333 (13,581)29,388 (12,401)
40,594 (16,810)40,436 (15,456)
Indefinite-lived:
Trademarks and other8,476 — 8,463 — 
Total$49,070 $(16,810)$48,899 $(15,456)
Schedule of Finite-Lived Intangible Assets Identifiable intangible assets are comprised of the following:
 September 30, 2025December 31, 2024
(dollars in millions)Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Amortized:
Collaboration assets$6,203 $(2,239)$6,159 $(1,996)
Exclusivity assets3,872 (251)3,692 (361)
Developed technology and other1,186 (739)1,197 (698)
Customer relationships29,333 (13,581)29,388 (12,401)
40,594 (16,810)40,436 (15,456)
Indefinite-lived:
Trademarks and other8,476 — 8,463 — 
Total$49,070 $(16,810)$48,899 $(15,456)
Schedule of Finite-Lived Intangible Assets Expected Future Amortization Expense The following is the expected amortization of intangible assets for the remainder of 2025 through 2030: 
(dollars in millions)Remaining 202520262027202820292030
Amortization expense$545 $1,991 $1,897 $1,810 $1,682 $1,644