XML 87 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in goodwill
Below is a summary of the changes in the carrying amount of goodwill by segment for the years ended December 31, 2019 and 2018:
In millions
Pharmacy
Services
    
Retail/
LTC
    
Health Care
Benefits
 
Total
Balance at December 31, 2017
$
21,819

 
$
16,632

 
$

 
$
38,451

Acquisitions
1,569

 
735

 
44,484

 
46,788

Foreign currency translation adjustments

 
(14
)
 

 
(14
)
Divestiture of RxCrossroads subsidiary

 
(398
)
 

 
(398
)
Impairments

 
(6,149
)
 

 
(6,149
)
Balance at December 31, 2018
23,388

 
10,806

 
44,484

 
78,678

Segment realignment
194

 

 
(194
)
 

Purchase accounting adjustments

 

 
1,071

 
1,071

Other
(1
)
 
1

 

 

Balance at December 31, 2019
$
23,581

 
$
10,807

 
$
45,361

 
$
79,749


Other intangible assets
The following table is a summary of the Company’s intangible assets as of December 31, 2019 and 2018:
In millions, except weighted average life
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Life (years)
2019
 
 
 
 
 
 
 
Trademarks (indefinite-lived)
$
10,498

 
$

 
$
10,498

 
N/A
Customer contracts/relationships and covenants not to compete
25,447

 
(8,128
)
 
17,319

 
14.8
Technology
1,060

 
(386
)
 
674

 
3.0
Provider networks
4,200

 
(229
)
 
3,971

 
20.0
Value of Business Acquired
590

 
(63
)
 
527

 
20.0
Other
364

 
(232
)
 
132

 
8.1
Total
$
42,159

 
$
(9,038
)
 
$
33,121

 
15.1
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
Trademarks (indefinite-lived)
$
10,498

 
$

 
$
10,498

 
N/A
Customer contracts/relationships and covenants not to compete
26,213

 
(6,349
)
 
19,864

 
14.8
Technology
1,060

 
(31
)
 
1,029

 
3.0
Provider networks
4,200

 
(19
)
 
4,181

 
20.0
Value of Business Acquired
590

 
(7
)
 
583

 
20.0
Favorable leases and other (1)
1,177

 
(808
)
 
369

 
17.1
Total
$
43,738

 
$
(7,214
)
 
$
36,524

 
15.3

Estimated annual pretax amortization for other acquired intangible assets over the next five years The projected annual amortization expense for the Company’s intangible assets for the next five years is as follows:
In millions
 
2020
$
2,283

2021
2,186

2022
1,816

2023
1,786

2024
1,743