As of June 30, 2026 and December 31, 2025, the carrying value of the Company’s Goodwill was $2,812 million and $2,075 million, respectively. The following presents a summary of the changes in the carrying amount of Goodwill (dollars in millions):


	Goodwill
Balance at December 31, 2025	$	2,075
Acquired Off-Highway business(1)		755
Foreign currency translation		(18	)
Net current period impact to goodwill		737
Balance at June 30, 2026	$	2,812

(1) The allocation of goodwill to reporting units as of June 30, 2026 is preliminary and will be finalized upon finalization of purchase price accounting.

The following presents a summary of other intangible assets (dollars in millions):


	June 30, 2026							December 31, 2025
	Intangible assets, gross		Accumulated amortization			Intangible assets, net		Intangible assets, gross		Accumulated amortization			Intangible assets, net
Other intangible assets:
Trade name - indefinite-lived	$	790	$	—		$	790	$	790	$	—		$	790
Trade name - definite-lived		125		(6	)		119		1		—			1
Customer relationships — commercial		1,338		(852	)		486		839		(839	)		—
Proprietary technology		719		(507	)		212		484		(481	)		3
Total	$	2,972	$	(1,365	)	$	1,607	$	2,114	$	(1,320	)	$	794

Amortization expense related to other intangible assets for the next five fiscal years is expected to be (dollars in millions):


	2027		2028		2029		2030		2031		Thereafter
Amortization expense	$	82	$	82	$	81	$	81	$	81	$	369