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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2022
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 & Equipment |  | Consumables |  | Total
Balance at December 31, 2021 |  |  |  |  |  |
Goodwill |  | $ | 5,989 |  |  | $ | 880 |  |  | $ | 6,869 |
Accumulated impairment losses |  | (2,893) |  |  | — |  |  | (2,893) |
Goodwill, net |  | $ | 3,096 |  |  | $ | 880 |  |  | $ | 3,976 |
Translation and other |  | (99) |  |  | (19) |  |  | (118) |
Balance at June 30, 2022 |  |  |  |  |  |
Goodwill |  | $ | 5,890 |  |  | $ | 861 |  |  | $ | 6,751 |
Accumulated impairment losses |  | (2,893) |  |  | — |  |  | (2,893) |
Goodwill, net |  | $ | 2,997 |  |  | $ | 861 |  |  | $ | 3,858 |
Schedule of Definite-lived and Indefinite-lived Intangible Assets | Identifiable definite-lived and indefinite-lived intangible assets were as follows:
|  | June 30, 2022 |  | December 31, 2021
(in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Developed technology and patents |  | $ | 1,632 |  |  | $ | (774) |  |  | $ | 858 |  |  | $ | 1,729 |  |  | $ | (762) |  |  | $ | 967 |
Tradenames and trademarks |  | 273 |  |  | (89) |  |  | 184 |  |  | 269 |  |  | (79) |  |  | 190 |
Licensing agreements |  | 31 |  |  | (26) |  |  | 4 |  |  | 36 |  |  | (32) |  |  | 4 |
Customer relationships |  | 1,050 |  |  | (562) |  |  | 488 |  |  | 1,091 |  |  | (545) |  |  | 546 |
Total definite-lived |  | $ | 2,986 |  |  | $ | (1,451) |  |  | $ | 1,534 |  |  | $ | 3,125 |  |  | $ | (1,418) |  |  | $ | 1,707 |
Indefinite-lived tradenames and trademarks |  | $ | 552 |  |  | $ | — |  |  | $ | 552 |  |  | $ | 598 |  |  | $ | — |  |  | $ | 598 |
In-process R&D (a) |  | 14 |  |  | — |  |  | 14 |  |  | 14 |  |  | — |  |  | 14 |
Total indefinite-lived |  | $ | 566 |  |  | $ | — |  |  | $ | 566 |  |  | $ | 612 |  |  | $ | — |  |  | $ | 612 |
Total identifiable intangible assets |  | $ | 3,552 |  |  | $ | (1,451) |  |  | $ | 2,100 |  |  | $ | 3,737 |  |  | $ | (1,418) |  |  | $ | 2,319 |
(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.

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