XML 55 R41.htm IDEA: XBRL DOCUMENT
v3.22.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the carrying amount of goodwill | The following table summarizes the changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020:
In millions |  | Components |  | New Power |  | Distribution |  | Power Systems |  | Engine |  |  |  |  |  | Total
Balance at December 31, 2019 |  | $ | 934 |  |  | $ | 257 |  |  | $ | 79 |  |  | $ | 10 |  |  | $ | 6 |  |  |  |  |  |  | $ | 1,286 |
Translation and other |  | 7 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 7 |
Balance at December 31, 2020 |  | 941 |  |  | 257 |  |  | 79 |  |  | 10 |  |  | 6 |  |  |  |  |  |  | 1,293 |
Acquisitions |  | — |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  |  |  |  |  | 2 |
Translation and other |  | (7) |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  |  |  |  |  | (8) |
Balance at December 31, 2021 |  | $ | 934 |  |  | $ | 257 |  |  | $ | 79 |  |  | $ | 11 |  |  | $ | 6 |  |  |  |  |  |  | $ | 1,287 |
Summary of other intangible assets with finite useful lives that are subject to amortization | The following table summarizes our other intangible assets with finite useful lives that are subject to amortization:
|  | December 31,
In millions |  | 2021 |  | 2020
Software |  | $ | 586 |  |  | $ | 661 |
Less: Accumulated amortization |  | (314) |  |  | (372) |
Software, net |  | 272 |  |  | 289 |
Trademarks, patents, customer relationships and other |  | 957 |  |  | 959 |
Less: Accumulated amortization |  | (329) |  |  | (285) |
Trademarks, patents, customer relationships and other, net |  | 628 |  |  | 674 |
Total other intangible assets, net |  | $ | 900 |  |  | $ | 963 |
Projected amortization expense of intangible assets | The projected amortization expense of our intangible assets, assuming no further acquisitions or dispositions, is as follows:
In millions |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026
Projected amortization expense |  | $ | 139 |  |  | $ | 128 |  |  | $ | 109 |  |  | $ | 76 |  |  | $ | 53 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration