v3.25.2
GOODWILL AND OTHER INTANGIBLES (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
A summary of the components in the carrying amount of goodwill as of June 30, 2025 and December 31, 2024 is as follows:
(in millions)Fuel SystemsAftermarketTotal
Gross goodwill balance, December 31, 2024$60 $524 $584 
Accumulated impairment losses— (113)(113)
Net goodwill balance, December 31, 2024$60 $411 $471 
Goodwill during the period:
Translation adjustment26 34 
Net goodwill balance, June 30, 2025$68 $437 $505 
Schedule of Other Intangible Assets from Acquisitions
The Company’s other intangible assets from acquisitions consist of the following:
June 30, 2025December 31, 2024
(in millions)Estimated useful lives (years)Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Amortized intangible assets:
Patented and unpatented technology
14 - 15
$155 $60 $95 $144 $51 $93 
Customer relationships
14 - 15
272 131 141 259 118 141 
Total amortized intangible assets427 191 236 403 169 234 
Unamortized trade names151 — 151 140 — 140 
Total other intangible assets$578 $191 $387 $543 $169 $374