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GOODWILL AND OTHER INTANGIBLE ASSETS-NET (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes the change in the carrying amount of goodwill for the years ended December 31, 2023, and 2022, by reportable business segment:
| December 31, 2022 |  | Acquisitions/ Divestitures |  | Currency Translation Adjustment |  | December 31, 2023
Aerospace Technologies | $ | 2,376 |  |  | $ | — |  |  | $ | 10 |  |  | $ | 2,386 |
Industrial Automation | 9,183 |  |  | 392 |  |  | 75 |  |  | 9,650 |
Building Automation | 3,338 |  |  | — |  |  | 42 |  |  | 3,380 |
Energy and Sustainability Solutions | 1,726 |  |  | — |  |  | 1 |  |  | 1,727 |
Corporate and All Other | 874 |  |  | — |  |  | 32 |  |  | 906 |
Total Goodwill | $ | 17,497 |  |  | $ | 392 |  |  | $ | 160 |  |  | $ | 18,049 |
Other Intangible Assets | Other intangible assets are comprised of:
| December 31, 2023 |  | December 31, 2022
Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-life intangibles |  |  |  |  |  |  |  |  |  |  |
Patents and technology | $ | 2,399 |  |  | $ | (1,837) |  |  | $ | 562 |  |  | $ | 2,313 |  |  | $ | (1,759) |  |  | $ | 554 |
Customer relationships | 4,199 |  |  | (2,601) |  |  | 1,598 |  |  | 3,989 |  |  | (2,397) |  |  | 1,592 |
Trademarks | 362 |  |  | (284) |  |  | 78 |  |  | 371 |  |  | (273) |  |  | 98 |
Other | 299 |  |  | (277) |  |  | 22 |  |  | 299 |  |  | (274) |  |  | 25 |
Total definite-life intangibles—net | 7,259 |  |  | (4,999) |  |  | 2,260 |  |  | 6,972 |  |  | (4,703) |  |  | 2,269 |
Indefinite-life intangibles |  |  |  |  |  |  |  |  |  |  |
Trademarks | 971 |  |  | — |  |  | 971 |  |  | 953 |  |  | — |  |  | 953 |
Total Other intangible assets—net | $ | 8,230 |  |  | $ | (4,999) |  |  | $ | 3,231 |  |  | $ | 7,925 |  |  | $ | (4,703) |  |  | $ | 3,222 |

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- Definition Tabular disclosure of acquired indefinite-lived intangible assets. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. Indefinite-lived assets are assets that are not subject to amortization. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + Details
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