GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

The Company did not identify any significant events or changes in circumstances that indicated the existence of impairment indicators during the three and nine months ended September 30, 2025. As such, quantitative assessments were not required.

The balances and changes in the carrying amount of goodwill by segment are as follows (in millions of dollars):


	High-Touch Solutions N.A.		Endless Assortment		Total
Balance at January 1, 2024	$	315	$	55	$	370


Translation	(9)		(6)		(15)
Balance at December 31, 2024	306		49		355


Translation	4		2		6
Balance at September 30, 2025	$	310	$	51	$	361

The Company's cumulative goodwill impairments as of September 30, 2025 were $137 million. No goodwill impairments were recorded for the three and nine months ended September 30, 2025 and 2024.

The balances and changes in intangible assets – net are as follows (in millions of dollars):


		As of
		September 30, 2025						December 31, 2024
	Weighted average life	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Customer lists and relationships	10.7 years	$	164	$	158	$	6	$	164	$	155	$	9
Trademarks, trade names and other	16.5 years	20		16		4		31		24		7
Non-amortized trade names and other	Indefinite	19		—		19		18		—		18
Capitalized software	4.5 years	805		570		235		714		505		209
Total intangible assets	5.8 years	$	1,008	$	744	$	264	$	927	$	684	$	243

W.W. GRAINGER, INC. 10-Q