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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Amortized intangible assets are comprised of the following:
 20242023
December 31 (in millions)Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Intangible assets:
Developed technology$1,226 $535 $1,156 $447 
Patents2 2 
Customer-related1,609 1,093 1,566 1,055 
Other intangibles116 74 105 70 
 $2,953 $1,704 $2,829 $1,574 
Amortized Intangible Assets, Excluding Goodwill, By Business Segment
Amortized intangible assets, excluding goodwill, were comprised of the following by segment:
 20242023
December 31 (in millions)Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Products and Systems Integration$1,017 $409 $985 $337 
Software and Services1,936 1,295 1,844 1,237 
 $2,953 $1,704 $2,829 $1,574 
Goodwill
The following table displays a rollforward of the carrying amount of goodwill, net of impairment losses, by segment from January 1, 2023 to December 31, 2024:
(in millions)Products and Systems IntegrationSoftware and ServicesTotal
Balance as of January 1, 2023$1,461 $1,851 $3,312 
Goodwill acquired109 — 109 
Purchase accounting adjustments(2)(29)(31)
Foreign currency translation— 11 11 
Balance as of December 31, 2023$1,568 $1,833 $3,401 
Goodwill acquired16 128 144 
Purchase accounting adjustments(9)(6)
Foreign currency translation(2)(11)(13)
Balance as of December 31, 2024$1,573 $1,953 $3,526