v3.25.2
Goodwill
9 Months Ended
Jun. 27, 2025
Goodwill.  
Goodwill

5. Goodwill

The changes in the carrying amount of goodwill by segment were as follows(1):

    

Transportation

    

Industrial

    

    

Solutions

Solutions

Total

(in millions)

September 27, 2024(2)

$

1,584

$

4,217

$

5,801

Acquisitions and purchase accounting adjustments

1,345

1,345

Currency translation

 

27

 

78

 

105

June 27, 2025(2)

$

1,611

$

5,640

$

7,251

(1)In connection with the reorganization of our segments, goodwill was reallocated to reporting units using a relative fair value approach. See Note 1 for additional information regarding our new segment structure.
(2)At June 27, 2025 and September 27, 2024, accumulated impairment losses for the Transportation Solutions and Industrial Solutions segments were $3,091 million and $1,158 million, respectively.

During the quarter ended June 27, 2025, we completed the acquisition of Richards Manufacturing and recognized $1,142 million of goodwill which benefits the Industrial Solutions segment. Also, during the nine months ended June 27, 2025, we recognized goodwill in the Industrial Solutions segment in connection with other recent acquisitions. See Note 3 for additional information regarding acquisitions.