Goodwill and other intangible assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The change in the carrying amount of goodwill was as follows (in millions):

	Three months ended March 31, 2024
Beginning balance	$	18,629
Adjustments to goodwill resulting from acquisitions (1)	(49)
Currency translation adjustment	(10)
Ending balance	$	18,570

____________

(1)     For the three months ended March 31, 2024, adjustments to goodwill consisted of a measurement period adjustment related to our Horizon acquisition. See Note 2, Acquisitions.

Schedule of Identifiable Intangible Assets

Other intangible assets consisted of the following (in millions):

	March 31, 2024						December 31, 2023
	Gross carrying amounts		Accumulated amortization		Other intangible assets, net		Gross carrying amounts		Accumulated amortization		Other intangible assets, net
Finite-lived intangible assets:
Developed-product-technology rights	$	48,625	$	(19,184)	$	29,441	$	48,631	$	(18,049)	$	30,582
Licensing rights	3,864		(3,297)		567		3,865		(3,265)		600
Marketing-related rights	1,203		(1,148)		55		1,339		(1,264)		75
Research and development technology rights	1,388		(1,229)		159		1,394		(1,228)		166
Total finite-lived intangible assets	55,080		(24,858)		30,222		55,229		(23,806)		31,423
Indefinite-lived intangible assets:
In-process research and development	1,150		—		1,150		1,218		—		1,218
Total other intangible assets	$	56,230	$	(24,858)	$	31,372	$	56,447	$	(23,806)	$	32,641