Investor Presentaiton

Note 6. GOODWILL AND OTHER INTANGIBLE ASSETS Changes in the carrying amount of goodwill by segment are as follows: January 1, (In millions) 2021 Additions Translation December 31, 2021 Additions Translation December 31, 2022 Electrical Americas $ 6,456 $ 971 $ (10) $ 7,417 $ 5 $ (19) $ 7,402 Electrical Global 4,295 85 Aerospace 1,777 1,091 (197) (87) 4,183 2 (255) 3,929 2,781 184 (122) 2,844 Vehicle eMobility 293 82 290 (2) 287 80 255 (1) 334 Total $ 12,903 $ 2,147 $ (299) $ 14,751 $ 445 $ (400) $ 14,796 The 2022 additions to goodwill relate primarily to the anticipated synergies of acquiring Royal Power Solutions and Mission Systems. The 2021 additions to goodwill relate to the anticipated synergies of acquiring Mission Systems, Tripp Lite, and Green Motion SA. A summary of other intangible assets is as follows: (In millions) December 31 2021 Historical cost Accumulated amortization 2022 Historical cost Accumulated amortization Intangible assets not subject to amortization Trademarks $ 1,201 Intangible assets subject to amortization Customer relationships Patents and technology Trademarks Other $ 1,374 4,677 $ 2,156 $ 4,752 1,974 1,987 830 1,879 712 1,113 570 951 518 175 111 165 62 $ 7,952 $ 3,667 $ 7,747 $ 3,266 Total intangible assets subject to amortization Amortization expense related to intangible assets subject to amortization in 2022, and estimated amortization expense for each of the next five years, is as follows: (In millions) 2022 2023 2024 2025 2026 2027 40 440 $ 483 430 403 398 382 373

View entire presentation