v3.25.2
GOODWILL AND OTHER INTANGIBLES (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
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 
Schedule of Other Intangible Assets and Related Accumulated Amortization
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