v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Change in the Carrying Amount of Goodwill by Segment
The change in the carrying amount of goodwill by segment is as follows:
In millionsFreight SegmentTransit SegmentTotal
Balance at December 31, 2025
$8,567 $1,649 $10,216 
Additions/adjustments475 483 
Foreign currency impact(23)(73)(96)
Balance at June 30, 2026
$8,552 $2,051 $10,603 
Schedule of Intangible Assets of the Company, Other Than Goodwill and Trade Names
Intangible assets of the Company, other than goodwill and trade names, consist of the following:
 June 30, 2026December 31, 2025
In millionsGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Backlog$1,367 $(665)$702 $1,311 $(613)$698 
Customer relationships2,263 (592)1,671 2,000 (550)1,450 
Acquired technology1,664 (812)852 1,570 (731)839 
Total$5,294 $(2,069)$3,225 $4,881 $(1,894)$2,987 
Schedule of Amortization Expense
Amortization expense for the five succeeding years is estimated to be as follows:
In millions
Remainder of 2026$179 
2027$356 
2028$354 
2029$352 
2030$339