GOODWILL AND OTHER INTANGIBLE ASSETS |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Asset, Goodwill and Other [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS
(a) Goodwill adjustments are primarily related to foreign currency exchange. We assess the possibility that a reporting unit’s fair value has been reduced below its carrying amount due to the occurrence of events or circumstances between annual impairment testing dates. In the second quarter of 2026, we did not identify any reporting units that required an interim impairment test. Other intangible assets decreased $140 million during the six months ended June 30, 2026, primarily as a result of amortization and foreign currency exchange, partially offset by additions. Consolidated amortization expense was $88 million and $93 million in the three months ended June 30, 2026 and 2025, respectively, and $173 million and $182 million in the six months ended June 30, 2026 and 2025, respectively.
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