v3.24.3
Goodwill and Identifiable Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table shows changes in the carrying amount of goodwill from December 31, 2023 to September 30, 2024 by reportable segment:
Performance
Coatings		Mobility
Coatings		Total
Balance at December 31, 2023$1,513 $78 $1,591 
Goodwill from acquisitions109 — 109 
Foreign currency translation18 — 18 
Balance at September 30, 2024$1,640 $78 $1,718 
Schedule of Finite-lived and Indefinite-lived Intangible Assets by Major Class
The following tables summarize the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
September 30, 2024Gross Carrying
Amount		Accumulated
Amortization		Net Book
Value		Weighted average
amortization periods (years)
Technology$161 $(92)$69 11.1
Trademarks—indefinite-lived264 — 264 Indefinite
Trademarks—definite-lived160 (69)91 14.0
Customer relationships1,312 (529)783 19.1
Total$1,897 $(690)$1,207 
December 31, 2023Gross Carrying
Amount		Accumulated
Amortization		Net Book
Value		Weighted average
amortization periods (years)
Technology$162 $(88)$74 11.2
Trademarks—indefinite-lived264 — 264 Indefinite
Trademarks—definite-lived142 (60)82 14.5
Customer relationships1,194 (484)710 19.0
Total$1,762 $(632)$1,130 
Schedule of Finite-lived Intangible Assets, Future Amortization Expense
The estimated amortization expense related to the fair value of acquired intangible assets for the remainder of 2024 and each of the succeeding five years is:
Remainder of 2024$25 
202597 
202697 
202796 
202882 
202978