An increase typically reflects recent acquisition activity or a change in the valuation of intangible assets, while a decrease suggests older assets are becoming fully amortized.
This represents the periodic expense recognized for the reduction in value of acquired intangible assets, such as custom...
Peers in the building solutions and industrial sectors report similar amortization charges based on their specific M&A history and accounting policies for purchase price allocation.
jci_segment_americas_amortization_of_intangible_assets