v3.26.1
GOODWILL AND OTHER INTANGIBLES (Tables)
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
A summary of the changes in the carrying amount of goodwill is as follows:
(in millions)Turbos & Thermal TechnologiesDrivetrain & Morse SystemsPowerDrive SystemsBattery Energy SystemsTotal
Gross goodwill balance, January 1, 2026$1,279 $1,132 $468 $678 $3,557 
Accumulated impairment losses, January 1, 2026(502)— (468)(532)(1,502)
Net goodwill balance, January 1, 2026$777 $1,132 $— $146 $2,055 
Changes in goodwill during the period:
Other, primarily translation adjustment(7)(2)— (3)(12)
Ending balance, March 31, 2026$770 $1,130 $— $143 $2,043 
Gross goodwill balance, March 31, 20261,272 1,130 468 675 3,545 
Accumulated impairment losses, March 31, 2026(502)— (468)(532)(1,502)
Net goodwill balance, March 31, 2026$770 $1,130 $— $143 $2,043 
Schedule of Intangible Assets Gross Roll Forward
The Company’s other intangible assets, primarily from acquisitions, consist of the following:
March 31, 2026December 31, 2025
(in millions)Estimated useful lives (years)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortized intangible assets:
Patented and unpatented technology
5 - 15
$335 $213 $122 $338 $210 $128 
Customer relationships
6 - 15
632 382 250 639 379 260 
Miscellaneous
2 - 5
10 10 
Total amortized intangible assets977 604 373 987 597 390 
Unamortized trade names— — 
Total other intangible assets$981 $604 $377 $991 $597 $394