v3.25.2
GOODWILL AND OTHER INTANGIBLES
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLES GOODWILL AND OTHER INTANGIBLES
Changes in the carrying amount of goodwill for the six months ended June 30, 2025 were as follows (in millions of dollars):
AgricultureConstructionFinancial
Services		Total
Balance at December 31, 2024$3,402 $44 $138 $3,584 
Foreign currency translation and other26 6 2 34 
Balance at June 30, 2025
$3,428 $50 $140 $3,618 
Goodwill and other indefinite-lived intangible assets are tested for impairment annually or more frequently if a triggering event occurs that would indicate it is more likely than not that the fair value of a reporting unit is less than book value. CNH performed its most recent annual impairment review as of December 31, 2024 and concluded that there was no impairment to goodwill for any of the reporting entities.
As of June 30, 2025 and December 31, 2024, the Company's other intangible assets and related accumulated amortization consisted of the following (in millions of dollars):
June 30, 2025December 31, 2024
Weighted
Avg. Life		GrossAccumulated
Amortization		NetGrossAccumulated
Amortization		Net
Other intangible assets subject to amortization:
Dealer networks
20-25
$230 $204 $26 $218 $203 $15 
Patents, concessions, licenses and other
5-25
957 600 357 938 573 365 
Capitalized software
2-5
1,280 1,022 258 1,159 910 249 
2,467 1,826 641 2,315 1,686 629 
Other intangible assets not subject to
amortization:
In-process research and development204 — 204 198 — 198 
Software in-progress125 — 125 121 — 121 
Trademarks273 — 273 273 — 273 
Total other intangible assets$3,069 $1,826 $1,243 $2,907 $1,686 $1,221 
CNH recorded amortization expense of $42 million and $46 million for the three months ended June 30, 2025 and 2024, respectively, and $84 million and $91 million for the six months ended June 30, 2025 and 2024.