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GOODWILL AND INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Change in the Carrying Amount of Goodwill by Segment | The change in the carrying amount of goodwill by segment is as follows:
In millions | Freight Segment |  | Transit Segment |  | Total
Balance at December 31, 2023 | $ | 7,294 |  |  | $ | 1,486 |  |  | $ | 8,780 |
Additions/adjustments | (1) |  |  | — |  |  | (1) |
Foreign currency impact | (14) |  |  | (35) |  |  | (49) |
Balance at March 31, 2024 | $ | 7,279 |  |  | $ | 1,451 |  |  | $ | 8,730 |
Schedule of Intangible Assets of the Company, Other Than Goodwill and Trade Names | Intangible assets of the Company, other than goodwill and trade names, consist of the following:
|  | March 31, 2024 |  | December 31, 2023
In millions |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Backlog |  | $ | 1,428 |  |  | $ | (552) |  |  | $ | 876 |  |  | $ | 1,431 |  |  | $ | (526) |  |  | $ | 905 |
Customer relationships |  | 1,322 |  |  | (444) |  |  | 878 |  |  | 1,333 |  |  | (431) |  |  | 902 |
Acquired technology |  | 1,287 |  |  | (526) |  |  | 761 |  |  | 1,283 |  |  | (497) |  |  | 786 |
Total |  | $ | 4,037 |  |  | $ | (1,522) |  |  | $ | 2,515 |  |  | $ | 4,047 |  |  | $ | (1,454) |  |  | $ | 2,593 |
Schedule of Amortization Expense | Amortization expense for the five succeeding years is estimated to be as follows:
In millions |
Remainder of 2024 | $ | 215 |
2025 | $ | 272 |
2026 | $ | 267 |
2027 | $ | 262 |
2028 | $ | 261 |

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