v3.25.2
GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table shows changes in the carrying amount of goodwill from December 31, 2024 to June 30, 2025 by reportable segment:
Performance
Coatings
Mobility
Coatings
Total
Balance at December 31, 2024$1,566 $74 $1,640 
Goodwill from acquisitions— 
Purchase accounting adjustments— 
Foreign currency translation126 132 
Balance at June 30, 2025$1,695 $80 $1,775 
Schedule of Finite-lived and Indefinite-lived Intangible Assets by Major Class
The following tables summarize the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
June 30, 2025Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology$154 $(96)$58 11.1
Trademarks—indefinite-lived273 — 273 Indefinite
Trademarks—definite-lived164 (80)84 14.1
Customer relationships1,344 (592)752 19.0
Total$1,935 $(768)$1,167 
December 31, 2024Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology$152 $(88)$64 11.1
Trademarks—indefinite-lived252 — 252 Indefinite
Trademarks—definite-lived154 (70)84 14.0
Customer relationships1,280 (531)749 19.1
Total$1,838 $(689)$1,149 
Schedule of Finite-lived Intangible Assets, Future Amortization Expense
The estimated amortization expense related to the fair value of acquired intangible assets for the remainder of 2025 and each of the succeeding five years is:
Remainder of 2025$50 
2026100 
202799 
202885 
202980 
203080