Honeywell 2002 Annual Report Download - page 253
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respectively.
NOTE 13. GOODWILL AND OTHER INTANGIBLES -- NET
The change in the carrying amount of goodwill for the year ended December 31,
2002 by reportable segment is as follows:
Currency
December 31, Translation December 31,
2001 Acquisitions Divestitures Adjustment 2002
-------------------------------------------------------------------------------------------------
Aerospace .............. $1,595 $ 46 $ -- $ 3 $1,644
Automation and
Control Solutions ... 2,461 211 (13) 19 2,678
Specialty Materials .... 861 -- (24) 12 849
Transportation and
Power Systems ....... 524 -- -- 3 527
-------------------------------------------------------------------------------------------------
$5,441 $257 $(37) $37 $5,698
=================================================================================================
Intangible assets are comprised of:
December 31, 2002
----------------------------------
Gross Net
Carrying Accumulated Carrying
Amount Amortization Amount
----------------------------------------------------------------------------------
Intangible assets with determinable lives:
Investments in Aerospace customer
incentives ............................ $ 769 $(107) $ 662
Patents and trademarks ................... 411 (286) 125
Other .................................... 433 (183) 250
----------------------------------------------------------------------------------
1,613 (576) 1,037
----------------------------------------------------------------------------------
Trademark with indefinite life .............. 46 (9) 37
----------------------------------------------------------------------------------
$1,659 $(585) $1,074
==================================================================================
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