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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
A reconciliation of changes in the Company’s goodwill by reportable segment were as follows:
(in millions)Technologies & EquipmentConsumablesTotal
Balance at December 31, 2020
Goodwill$5,985 $894 $6,879 
Accumulated impairment losses(2,893)— (2,893)
Goodwill, net$3,092 $894 $3,986 
Acquisition related additions (a)107 — 107 
Translation and other(140)47 (93)
Balance at September 30, 2021
Goodwill$5,952 $941 $6,893 
Accumulated impairment losses(2,893)— (2,893)
Goodwill, net$3,059 $941 $4,000 
(a) Refer to Note 5, "Business Combinations" for more information regarding recent acquisitions.
Schedule of Definite-lived and Indefinite-lived Intangible Assets
Identifiable definite-lived and indefinite-lived intangible assets were as follows:
September 30, 2021December 31, 2020
(in millions)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology and patents$1,752 $(743)$1,009 $1,681 $(677)$1,004 
Tradenames and trademarks269 (76)193 273 (70)203 
Licensing agreements36 (31)37 (30)
Customer relationships1,105 (533)572 1,142 (494)648 
Total definite-lived$3,162 $(1,383)$1,779 $3,133 $(1,271)$1,862 
Indefinite-lived tradenames and trademarks$610 $— $610 $642 $— $642 
In-process R&D (a)
13 — 13 — — — 
Total indefinite-lived$623 $— $623 $642 $— $642 
Total identifiable intangible assets$3,785 $(1,383)$2,402 $3,775 $(1,271)$2,504 
(a) Intangible assets acquired in a business combination that are in-process and used in research and development ("R&D") activities are considered indefinite-lived until the completion or abandonment of the R&D efforts. The useful life and amortization of those assets will be determined once the R&D efforts are completed.