Company: ROK
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001024478-25-000010
Chunk: 11

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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$3,993 Translation(35)(28)(15)(78)Balance as of December 31, 2024$865 $2,409 $641 $3,915 Gross carrying value of goodwill$865 $2,409 $799 $4,073 Accumulated impairment losses— — (158)(158)Goodwill$865 $2,409 $641 $3,915 We perform our annual evaluation of goodwill and indefinite life intangible assets for impairment during the second quarter of each year, or more frequently, if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. We assessed the changes in events and circumstances during the first quarter of 2025 and concluded that no triggering events, which would require interim quantitative testing, occurred.

14

Table of ContentsROCKWELL AUTOMATION, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(Unaudited)

Other intangible assets consist of (in millions): December 31, 2024CarryingAmountAccumulatedAmortizationNetAmortized intangible assetsSoftware products$107 $79 $28 Customer relationships614 196 418 Technology724 272 452 Trademarks134 50 84 Other6 5 1 Total amortized intangible assets1,585 602 983 Allen-Bradley® trademark not subject to amortization44 — 44 Other intangible assets$1,629 $602 $1,027  September 30, 2024CarryingAmountAccumulatedAmortizationNetAmortized intangible assetsSoftware products$105 $76 $29 Customer relationships619 187 432 Technology729 257 472 Trademarks132 44 88 Other6 5 1 Total amortized intangible assets1,591 569 1,022 Allen-Bradley® trademark not subject to amortization44 — 44 Other intangible assets$1,635 $569 $1,066 Estimated total amortization expense for all amortized intangible assets is $152 million in 2025, $150 million in 2026, $141 million in 2027, $129 million in 2028, and $89 million in 2029.

7. Short-Term and Long-Term Debt