Goodwill and Other Intangible Assets

6 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

3. Goodwill and Other Intangible Assets

Goodwill

The following table summarizes the changes in the carrying amount of goodwill by segment and in total:

(in millions)	Pharmaceutical			Medical			Total
Balance at June 30, 2019	$	2,663		$	5,715		$	8,378
Goodwill acquired, net of purchase price adjustments	(5		)	—			(5		)
Foreign currency translation adjustments and other	—			(17		)	(17		)
Balance at December 31, 2019	$	2,658		$	5,698		$	8,356

Other Intangible Assets

The following tables summarize other intangible assets by class at:

	December 31, 2019
(in millions)	Gross Intangible		Accumulated Amortization		Net Intangible		Weighted- Average Remaining Amortization Period (Years)
Indefinite-life intangibles:
IPR&D, trademarks and other	$	22	$	—	$	22	N/A
Total indefinite-life intangibles	22		—		22		N/A
Definite-life intangibles:
Customer relationships	3,550		1,670		1,880		13
Trademarks, trade names and patents	673		318		355		13
Developed technology and other	1,603		693		910		11
Total definite-life intangibles	5,826		2,681		3,145		12
Total other intangible assets	$	5,848	$	2,681	$	3,167	N/A

	June 30, 2019
(in millions)	Gross Intangible		Accumulated Amortization		Net Intangible
Indefinite-life intangibles:
IPR&D, trademarks and other	$	22	$	—	$	22
Total indefinite-life intangibles	22		—		22
Definite-life intangibles:
Customer relationships	3,562		1,517		2,045
Trademarks, trade names and patents	672		295		377
Developed technology and other	1,602		616		986
Total definite-life intangibles	5,836		2,428		3,408
Total other intangible assets	$	5,858	$	2,428	$	3,430

Total amortization of intangible assets was $127 million and $133 million for the three months ended December 31, 2019 and 2018, respectively, and $256 million and $266 million for the six months ended December 31, 2019 and 2018, respectively. Estimated annual amortization of intangible assets for the remainder of fiscal 2020 through 2024 is as follows: $258 million, $442 million, $408 million, $358 million and $328 million.