v3.25.4
Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Activity by Segment
The following table summarizes goodwill activity by segment:
PharmaceuticalAnimal HealthTotal
Balance January 1, 2024
$17,922 $3,275 $21,197 
Acquisitions (1)
— 518 518 
Other (2)
(19)(28)(47)
Balance December 31, 2024 (3)
17,903 3,765 21,668 
Acquisitions (1)
 (106)(106)
Other (2)
2 15 17 
Balance December 31, 2025 (3)
$17,905 $3,674 $21,579 
(1)    Activity is related to the 2024 acquisition of the Elanco aqua business and related measurement period adjustments in 2025.
(2)    Includes cumulative translation adjustments on goodwill balances.
(3)    Accumulated goodwill impairment losses were $531 million at both December 31, 2025 and 2024.
Schedule of Other Intangibles
Other acquired intangibles at December 31 consisted of:
 20252024
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Product rights
$42,038 $20,710 $21,328 $29,988 $19,066 $10,922 
IPR&D427  427 430 — 430 
Trade names2,881 1,158 1,723 2,881 954 1,927 
Licenses and other10,064 6,861 3,203 8,863 5,772 3,091 
 $55,410 $28,729 $26,681 $42,162 $25,792 $16,370