INTANGIBLE ASSETS AND GOODWILL (Tables)

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of components of intangible assets

The major components of intangible assets consist of:

	September 30, 2018							December 31, 2017
(in millions)	Gross Carrying Amount		Accumulated Amortization and Impairments			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization and Impairments			Net Carrying Amount
Finite-lived intangible assets:
Product brands	$	20,924	$	(11,488	)	$	9,436	$	20,913	$	(9,281	)	$	11,632
Corporate brands	930		(246		)	684		933		(179		)	754
Product rights/patents	3,300		(2,542		)	758		3,310		(2,346		)	964
Partner relationships	171		(167		)	4		179		(169		)	10
Technology and other	210		(171		)	39		214		(147		)	67
Total finite-lived intangible assets	25,535		(14,614		)	10,921		25,549		(12,122		)	13,427
Acquired IPR&D not in service	36		—			36		86		—			86
Bausch + Lomb Trademark	1,698		—			1,698		1,698		—			1,698
	$	27,269	$	(14,614	)	$	12,655	$	27,333	$	(12,122	)	$	15,211

Schedule of estimated aggregate amortization expense for each of the five succeeding years

Estimated amortization expense of finite-lived intangible assets for the remainder of 2018 and each of the five succeeding years ending December 31 and thereafter is as follows:

(in millions)
October through December 2018	$	508
2019	1,922
2020	1,653
2021	1,402
2022	1,222
2023	1,069
Thereafter	3,145
Total	$	10,921

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amounts of goodwill during the nine months ended September 30, 2018 and the year ended December 31, 2017 were as follows:

(in millions)	Bausch + Lomb/ International			Branded Rx			U.S. Diversified Products			Salix		Ortho Dermatologics		Diversified Products		Total
Balance, December 31, 2016	$	5,499		$	7,265		$	3,030		$	—	$	—	$	—	$	15,794
Realignment of segment goodwill	264			(264		)	—			—		—		—		—
Balance, January 1, 2017	5,763			7,001			3,030			—		—		—		15,794
Goodwill reclassified to assets held for sale and subsequently disposed	(30		)	(61		)	(84		)	—		—		—		(175		)
Impairment	—			(312		)	—			—		—		—		(312		)
Foreign exchange and other	283			3			—			—		—		—		286
Balance, December 31, 2017	6,016			6,631			2,946			—		—		—		15,593
Impairment	—			(2,213		)	—			—		—		—		(2,213		)
Realignment of Global Solta reporting unit goodwill	(82		)	115			(33		)	—		—		—		—
Goodwill reclassified to assets held for sale	(2		)	—			—			—		—		—		(2		)
Foreign exchange and other	54			—			—			—		—		—		54
Balance, March 31, 2018	5,986			4,533			2,913			—		—		—		13,432
Realignment of segment goodwill	—			(4,533		)	(2,913		)	3,156		1,267		3,023		—
Balance after realignment	5,986			—			—			3,156		1,267		3,023		13,432
Foreign exchange and other	(142		)	—			—			—		—		—		(142		)
Balance, September 30, 2018	$	5,844		$	—		$	—		$	3,156	$	1,267	$	3,023	$	13,290