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GOODWILL AND INTANGIBLE ASSETS (Tables) | 9 Months Ended
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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 & Equipment |  | Consumables |  | Total
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, 2021 |  | December 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 trademarks |  | 269 |  |  | (76) |  |  | 193 |  |  | 273 |  |  | (70) |  |  | 203 |
Licensing agreements |  | 36 |  |  | (31) |  |  | 5 |  |  | 37 |  |  | (30) |  |  | 7 |
Customer relationships |  | 1,105 |  |  | (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.

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