Goodwill and Intangible Assets (Tables)
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3 Months Ended |
Mar. 31, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Summary of changes in the carrying amount of goodwill |
The following table summarizes the changes in the carrying amount of goodwill: | | | | | | | (in millions) | | | Balance as of December 31, 2024 | $ | 34,956 | | Additions(a) | 170 | | | Foreign currency translation adjustments | 159 | | | Balance as of March 31, 2025 | $ | 35,285 | |
(a) Goodwill additions related to the acquisition of Nimble (see Note 4).
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| Summary of definite-lived intangible assets |
The following table summarizes intangible assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2025 | | December 31, 2024 | | (in millions) | Gross
carrying
amount | | Accumulated
amortization | | Net
carrying
amount | | Gross
carrying
amount | | Accumulated
amortization | | Net
carrying
amount | | Definite-lived intangible assets | | | | | | | | | | | | | Developed product rights | $ | 81,638 | | | $ | (29,981) | | | $ | 51,657 | | | $ | 81,428 | | | $ | (28,253) | | | $ | 53,175 | | | License agreements | 8,352 | | | (6,811) | | | 1,541 | | | 8,315 | | | (6,624) | | | 1,691 | | | Total definite-lived intangible assets | 89,990 | | | (36,792) | | | 53,198 | | | 89,743 | | | (34,877) | | | 54,866 | | | Indefinite-lived intangible assets | 5,291 | | | — | | | 5,291 | | | 5,202 | | | — | | | 5,202 | | | Total intangible assets, net | $ | 95,281 | | | $ | (36,792) | | | $ | 58,489 | | | $ | 94,945 | | | $ | (34,877) | | | $ | 60,068 | |
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| Summary of indefinite-lived intangible assets |
The following table summarizes intangible assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2025 | | December 31, 2024 | | (in millions) | Gross
carrying
amount | | Accumulated
amortization | | Net
carrying
amount | | Gross
carrying
amount | | Accumulated
amortization | | Net
carrying
amount | | Definite-lived intangible assets | | | | | | | | | | | | | Developed product rights | $ | 81,638 | | | $ | (29,981) | | | $ | 51,657 | | | $ | 81,428 | | | $ | (28,253) | | | $ | 53,175 | | | License agreements | 8,352 | | | (6,811) | | | 1,541 | | | 8,315 | | | (6,624) | | | 1,691 | | | Total definite-lived intangible assets | 89,990 | | | (36,792) | | | 53,198 | | | 89,743 | | | (34,877) | | | 54,866 | | | Indefinite-lived intangible assets | 5,291 | | | — | | | 5,291 | | | 5,202 | | | — | | | 5,202 | | | Total intangible assets, net | $ | 95,281 | | | $ | (36,792) | | | $ | 58,489 | | | $ | 94,945 | | | $ | (34,877) | | | $ | 60,068 | |
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