v3.25.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in the Carrying Amount of Goodwill by Segment
The change in the carrying amount of goodwill by segment is as follows:
In millionsFreight SegmentTransit SegmentTotal
Balance at December 31, 2024$7,248 $1,462 $8,710 
Additions/adjustments14 — 14 
Foreign currency impact29 183 212 
Balance at June 30, 2025$7,291 $1,645 $8,936 
Schedule of Intangible Assets of the Company, Other Than Goodwill and Trade Names
Intangible assets of the Company, other than goodwill and trade names, consist of the following:
 June 30, 2025December 31, 2024
In millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Backlog$1,310 $(568)$742 $1,415 $(629)$786 
Customer relationships1,379 (532)847 1,329 (480)849 
Acquired technology1,321 (667)654 1,318 (614)704 
Total$4,010 $(1,767)$2,243 $4,062 $(1,723)$2,339 
Schedule of Amortization Expense
Amortization expense for the five succeeding years is estimated to be as follows:
In millions
Remainder of 2025$137 
2026$272 
2027$268 
2028$266 
2029$264