Annual report [Section 13 and 15(d), not S-K Item 405]

Note 11 - Intangible Assets

v3.25.4
Note 11 - Intangible Assets
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

11. INTANGIBLE ASSETS

 

The gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions): 

 

 

   

December 31, 2025

   

December 31, 2024

 
   

Gross carrying

   

Accumulated

           

Gross carrying

   

Accumulated

         
   

amount

   

amortization

   

Net

   

amount

   

amortization

   

Net

 

Patents, trademarks and technology

  $ 255     $ 96     $ 159     $ 253     $ 81     $ 172  

Licenses and other agreements

    281       146       135       278       121       157  

Other intangibles

    40       26       14       37       22       15  

Total

  $ 576     $ 268     $ 308     $ 568     $ 224     $ 344  

 

Amortization expense from continuing operations was $40 million for each of the years ended December 31, 2025, 2024 and 2023

 

Estimated future amortization expense from continuing operations for intangible assets over the next five years is as follows (dollars in millions):

 

Year ending December 31,

       

2026

  $ 34  

2027

    33  

2028

    30  

2029

    27  

2030

    25