v3.22.4
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
(Millions)Safety and IndustrialTransportation and ElectronicsHealth CareConsumerTotal Company
Balance as of December 31, 2020$4,687$1,858$6,992$265$13,802
Translation and other(65)(33)(206)(12)(316)
Balance as of December 31, 2021$4,622$1,825$6,786$253$13,486
Divestiture activity— — (16)— (16)
Goodwill impairment— (271)— — (271)
Translation and other(113)(53)(255)12 (409)
Balance as of December 31, 2022$4,509$1,501$6,515$265$12,790
Schedule of acquired intangible assets
The carrying amount and accumulated amortization of acquired finite-lived intangible assets, in addition to the balance of non-amortizable intangible assets follow:
December 31,
(Millions)20222021
Customer related intangible assets$4,062 $4,216 
Patents426 513 
Other technology-based intangible assets2,081 2,111 
Definite-lived tradenames1,166 1,171 
Other amortizable intangible assets84 105 
Total gross carrying amount 7,819 8,116 
Accumulated amortization — customer related(1,747)(1,616)
Accumulated amortization — patents (421)(500)
Accumulated amortization — other technology-based(1,000)(839)
Accumulated amortization — definite-lived tradenames(509)(447)
Accumulated amortization — other (60)(79)
Total accumulated amortization (3,737)(3,481)
Total finite-lived intangible assets — net 4,082 4,635 
Non-amortizable intangible assets (primarily tradenames)617 653 
Total intangible assets — net$4,699 $5,288 
Schedule of amortization expense for acquired intangible assets
Amortization expense follows:
Year ended December 31,
(Millions)202220212020
Amortization expense $498 $529 $537 
Schedule of expected amortization expense for acquired amortizable intangible assets
Expected amortization expense for acquired amortizable intangible assets recorded as of December 31, 2022 follows:
(Millions)20232024202520262027
After 2027
Amortization expense$479 $451 $421 $415 $390 $1,926