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GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
Changes in the carrying amounts of our goodwill for the years ended December 31, 2023 and December 31, 2022 were as follows (in thousands):
Branded PharmaceuticalsSterile InjectablesGeneric PharmaceuticalsInternational PharmaceuticalsTotal
Goodwill as of December 31, 2021$828,818 $2,368,193 $— $— $3,197,011 
Goodwill impairment charges— (1,845,000)— — (1,845,000)
Goodwill as of December 31, 2022$828,818 $523,193 $— $— $1,352,011 
Goodwill as of December 31, 2023$828,818 $523,193 $— $— $1,352,011 
The carrying amounts of goodwill at December 31, 2023 and December 31, 2022 are net of the following accumulated impairments (in thousands):
Branded PharmaceuticalsSterile InjectablesGeneric PharmaceuticalsInternational PharmaceuticalsTotal
Accumulated impairment losses as of December 31, 2022$855,810 $2,208,000 $3,142,657 $513,211 $6,719,678 
Accumulated impairment losses as of December 31, 2023$855,810 $2,208,000 $3,142,657 $525,244 $6,731,711 
Schedule of Other Intangible Assets
Changes in the amounts of other intangible assets for the year ended December 31, 2023 are set forth in the table below (in thousands).
Cost basis:Balance as of December 31, 2022AcquisitionsOther (1)Effect of Currency TranslationBalance as of December 31, 2023
Licenses (weighted average life of 14 years)
$442,107 $— $(10,000)$— $432,107 
Tradenames6,409 — — — 6,409 
Developed technology (weighted average life of 12 years)
5,920,021 — — 5,641 5,925,662 
Total other intangibles (weighted average life of 12 years)
$6,368,537 $— $(10,000)$5,641 $6,364,178 
Accumulated amortization:Balance as of December 31, 2022AmortizationOther (1)Effect of Currency TranslationBalance as of December 31, 2023
Licenses$(424,508)$(4,576)$10,000 $— $(419,084)
Tradenames(6,409)— — — (6,409)
Developed technology(4,204,685)(251,357)— (4,760)(4,460,802)
Total other intangibles$(4,635,602)$(255,933)$10,000 $(4,760)$(4,886,295)
Net other intangibles$1,732,935 $1,477,883 
__________
(1)Other adjustments relate to the removal of certain fully amortized intangible assets.
Schedule of Future Amortization Expense For intangible assets subject to amortization, estimated amortization expense for the five fiscal years subsequent to December 31, 2023 is as follows (in thousands):
2024$246,050 
2025$232,930 
2026$209,784 
2027$134,322 
2028$112,476