INTANGIBLE ASSETS AND GOODWILL (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of indefinite-lived intangible assets

The major components of intangible assets consist of:

	September 30, 2019							December 31, 2018
(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	$	20,963	$	(13,125	)	$	7,838	$	20,891	$	(11,958	)	$	8,933
Corporate brands	925		(317		)	608		926		(263		)	663
Product rights/patents	3,292		(2,828		)	464		3,292		(2,658		)	634
Partner relationships	159		(157		)	2		168		(166		)	2
Technology and other	206		(183		)	23		208		(173		)	35
Total finite-lived intangible assets	25,545		(16,610		)	8,935		25,485		(15,218		)	10,267
Acquired IPR&D not in service	17		—			17		36		—			36
Bausch + Lomb Trademark	1,698		—			1,698		1,698		—			1,698
	$	27,260	$	(16,610	)	$	10,650	$	27,219	$	(15,218	)	$	12,001

Schedule of finite-lived intangible assets

The major components of intangible assets consist of:

	September 30, 2019							December 31, 2018
(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	$	20,963	$	(13,125	)	$	7,838	$	20,891	$	(11,958	)	$	8,933
Corporate brands	925		(317		)	608		926		(263		)	663
Product rights/patents	3,292		(2,828		)	464		3,292		(2,658		)	634
Partner relationships	159		(157		)	2		168		(166		)	2
Technology and other	206		(183		)	23		208		(173		)	35
Total finite-lived intangible assets	25,545		(16,610		)	8,935		25,485		(15,218		)	10,267
Acquired IPR&D not in service	17		—			17		36		—			36
Bausch + Lomb Trademark	1,698		—			1,698		1,698		—			1,698
	$	27,260	$	(16,610	)	$	10,650	$	27,219	$	(15,218	)	$	12,001

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 2019 and each of the five succeeding years ending December 31 and thereafter is as follows:

(in millions)	Remainder of 2019		2020		2021		2022		2023		2024		Thereafter		Total
Amortization	$	444	$	1,623	$	1,374	$	1,224	$	1,080	$	952	$	2,238	$	8,935

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amounts of goodwill during the nine months ended September 30, 2019 and the year ended December 31, 2018 were as follows:

(in millions)	Bausch + Lomb/ International			Branded Rx			U.S. Diversified Products			Salix		Ortho Dermatologics		Diversified Products			Total
Balance, January 1, 2018	$	6,016		$	6,631		$	2,946		$	—	$	—	$	—		$	15,593
Impairment of the Salix and Ortho Dermatologics reporting units	—			(2,213		)	—			—		—		—			(2,213		)
Realignment of Global Solta reporting unit goodwill	(82		)	115			(33		)	—		—		—			—
Goodwill reclassified to assets held for sale and subsequently disposed	(2		)	—			—			—		—		—			(2		)
Realignment of segment goodwill	—			(4,533		)	(2,913		)	3,156		1,267		3,023			—
Impairment of the Dentistry reporting unit	—			—			—			—		—		(109		)	(109		)
Foreign exchange and other	(127		)	—			—			—		—		—			(127		)
Balance, December 31, 2018	5,805			—			—			3,156		1,267		2,914			13,142
Acquisition of certain assets of Synergy	—			—			—			3		—		—			3
Goodwill reclassified to assets held for sale (Note 4)	(18		)	—			—			—		—		—			(18		)
Foreign exchange and other	(75		)	—			—			—		—		—			(75		)
Balance, September 30, 2019	$	5,712		$	—		$	—		$	3,159	$	1,267	$	2,914		$	13,052