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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill were as follows:

(In millions)HVACRefrigerationFire & SecurityTotal
Balance as of December 31, 2022$6,392 $1,197 $2,388 $9,977 
Acquisitions / divestitures(11)(4)— (15)
Foreign currency translation(22)(4)(9)(35)
Balance as of June 30, 2023$6,359 $1,189 $2,379 $9,927 
Schedule of Finite-Live Intangible Assets
Identifiable intangible assets consisted of the following:

June 30, 2023December 31, 2022
(In millions)Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Amortized:
Customer relationships$1,408 $(754)$654 $1,431 $(720)$711 
Patents and trademarks388 (202)186 401 (191)210 
Service portfolios and other932 (655)277 953 (595)358 
2,728 (1,611)1,117 2,785 (1,506)1,279 
Unamortized:
Trademarks and other64 — 64 63 — 63 
Intangible assets, net$2,792 $(1,611)$1,181 $2,848 $(1,506)$1,342 
Schedule of Indefinite-Lived Intangible Assets
Identifiable intangible assets consisted of the following:

June 30, 2023December 31, 2022
(In millions)Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Amortized:
Customer relationships$1,408 $(754)$654 $1,431 $(720)$711 
Patents and trademarks388 (202)186 401 (191)210 
Service portfolios and other932 (655)277 953 (595)358 
2,728 (1,611)1,117 2,785 (1,506)1,279 
Unamortized:
Trademarks and other64 — 64 63 — 63 
Intangible assets, net$2,792 $(1,611)$1,181 $2,848 $(1,506)$1,342 
Schedule of Amortization of Intangible Assets
Amortization of intangible assets was as follows:

 Three Months Ended June 30,Six Months Ended June 30,
(In millions)2023202220232022
Amortization expense of Intangible assets$61 $20 $125 $41