| Schedule of Goodwill |
The changes in the carrying amounts of goodwill were as follows (in millions): | | | | | | | | | | | | | December 31, | | 2025 | | 2024 | | Beginning balance | $ | 18,637 | | | $ | 18,629 | | Changes to goodwill resulting from acquisitions, net(1) | — | | | 25 | | Foreign currency translation adjustments | 43 | | | (17) | | | Ending balance | $ | 18,680 | | | $ | 18,637 | |
____________ (1) For 2024, changes to Goodwill consisted of measurement-period adjustments related to our Horizon acquisition.
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| Schedule of Other Intangible Assets |
Other intangible assets consisted of the following (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | | Gross
carrying
amounts | | Accumulated
amortization | | Other intangible
assets, net | | Gross
carrying
amounts | | Accumulated
amortization | | Other intangible
assets, net | | Finite-lived intangible assets: | | | | | | | | | | | | | Developed-product-technology rights | $ | 47,805 | | | $ | (26,754) | | | $ | 21,051 | | | $ | 48,611 | | | $ | (22,594) | | | $ | 26,017 | | | Licensing rights | 3,917 | | | (3,522) | | | 395 | | | 3,875 | | | (3,392) | | | 483 | | | R&D technology rights | 1,425 | | | (1,305) | | | 120 | | | 1,374 | | | (1,235) | | | 139 | | | Marketing-related rights | 1,203 | | | (1,203) | | | — | | | 1,202 | | | (1,202) | | | — | | | Total finite-lived intangible assets | 54,350 | | | (32,784) | | | 21,566 | | | 55,062 | | | (28,423) | | | 26,639 | | | Indefinite-lived intangible assets: | | | | | | | | | | | | In-process research and development | 710 | | | — | | | 710 | | | 1,060 | | | — | | | 1,060 | | | Total other intangible assets | $ | 55,060 | | | $ | (32,784) | | | $ | 22,276 | | | $ | 56,122 | | | $ | (28,423) | | | $ | 27,699 | |
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