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GOODWILL AND OTHER INTANGIBLE ASSETS - NET | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS - NET | GOODWILL AND OTHER INTANGIBLE ASSETS—NET The following table summarizes the change in the carrying amount of goodwill for the six months ended June 30, 2024, by reportable business segment:
| December 31, 2023 |  | Acquisitions/ Divestitures |  | Currency Translation Adjustment |  | June 30, 2024
Aerospace Technologies | $ | 2,386 |  |  | $ | — |  |  | $ | (3) |  |  | $ | 2,383 |
Industrial Automation | 9,650 |  |  | — |  |  | (66) |  |  | 9,584 |
Building Automation | 3,380 |  |  | 2,878 |  |  | (32) |  |  | 6,226 |
Energy and Sustainability Solutions | 1,727 |  |  | — |  |  | (3) |  |  | 1,724 |
Corporate and All Other | 906 |  |  | — |  |  | 1 |  |  | 907 |
Total Goodwill | $ | 18,049 |  |  | $ | 2,878 |  |  | $ | (103) |  |  | $ | 20,824 |
Other intangible assets are comprised of:
| June 30, 2024 |  | December 31, 2023
Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-life intangibles |  |  |  |  |  |  |  |  |  |  |
Patents and technology | $ | 2,652 |  |  | $ | (1,872) |  |  | $ | 780 |  |  | $ | 2,399 |  |  | $ | (1,837) |  |  | $ | 562 |
Customer relationships | 5,894 |  |  | (2,671) |  |  | 3,223 |  |  | 4,199 |  |  | (2,601) |  |  | 1,598 |
Trademarks | 390 |  |  | (291) |  |  | 99 |  |  | 362 |  |  | (284) |  |  | 78 |
Other | 413 |  |  | (278) |  |  | 135 |  |  | 299 |  |  | (277) |  |  | 22 |
Total definite-life intangibles—net | 9,349 |  |  | (5,112) |  |  | 4,237 |  |  | 7,259 |  |  | (4,999) |  |  | 2,260 |
Indefinite-life intangibles |  |  |  |  |  |  |  |  |  |  |
Trademarks | 971 |  |  | — |  |  | 971 |  |  | 971 |  |  | — |  |  | 971 |
Total Other intangible assets—net | $ | 10,320 |  |  | $ | (5,112) |  |  | $ | 5,208 |  |  | $ | 8,230 |  |  | $ | (4,999) |  |  | $ | 3,231 |
Other intangible assets amortization includes $85 million and $155 million of acquisition-related intangible amortization expense for the three and six months ended June 30, 2024, respectively, and $61 million and $129 million for the three and six months ended June 30, 2023, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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