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OTHER INTANGIBLE ASSETS, NET | 12 Months Ended
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Dec. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
OTHER INTANGIBLE ASSETS, NET | 9. OTHER INTANGIBLE ASSETS, NET Intangible assets are generally the result of acquisitions and consist primarily of purchased technology, customer related intangibles, and trademarks. Intangible assets are amortized over useful lives that generally range between 1 and 20 years. The following tables present the cumulative composition of the Corporation’s intangible assets as of December 31, 2023 and December 31, 2022, respectively.
|  | 2023 |  | 2022
(In thousands) |  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Technology |  | $ | 308,256 |  |  | $ | (195,446) |  |  | $ | 112,810 |  |  | $ | 306,160 |  |  | $ | (176,675) |  |  | $ | 129,485 |
Customer-related intangibles |  | 670,966 |  |  | (339,325) |  |  | 331,641 |  |  | 666,638 |  |  | (298,160) |  |  | 368,478 |
Programs (1) |  | 144,000 |  |  | (41,400) |  |  | 102,600 |  |  | 144,000 |  |  | (34,200) |  |  | 109,800 |
Other intangible assets |  | 54,227 |  |  | (43,666) |  |  | 10,561 |  |  | 53,879 |  |  | (40,745) |  |  | 13,134 |
Total |  | $ | 1,177,449 |  |  | $ | (619,837) |  |  | $ | 557,612 |  |  | $ | 1,170,677 |  |  | $ | (549,780) |  |  | $ | 620,897 |
(1) Programs include values assigned to major programs of acquired businesses and represent the aggregate value associated with the customer relationships, contracts, technology, and trademarks underlying the associated program. During the year ended December 31, 2023, the Corporation did not acquire any intangible assets. During the year ended December 31, 2022, the Corporation acquired intangible assets of $147 million as a result of the Corporation's Keronite and arresting systems acquisitions, which included Customer-related intangibles of $106 million, Technology of $36 million, and Other intangible assets of $5 million. The weighted average amortization periods for these aforementioned intangible assets upon acquisition were 16.1, 14.9, and 10.0 years, respectively. Amortization expense for the years ended December 31, 2023, 2022, and 2021 was $65 million, $61 million, and $60 million, respectively. The estimated future amortization expense of intangible assets over the next five years is as follows:
(In millions) |  |
2024 |  | $ | 56 |
2025 |  | $ | 54 |
2026 |  | $ | 53 |
2027 |  | $ | 50 |
2028 |  | $ | 44 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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- References No definition available. + Details
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