| Schedule of Intangible Assets and Goodwill |
Goodwill and other intangible assets, net, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (in millions) | Goodwill | | Other Intangible Assets, net | | Goodwill | | Other Intangible Assets, net | | Smokeable products segment | $ | 99 | | | $ | 2,924 | | | $ | 99 | | | $ | 2,936 | | | Oral tobacco products segment | 5,078 | | | 8,663 | | | 5,078 | | | 8,679 | | Other (1) | 895 | | | 1,313 | | | 1,768 | | | 1,358 | | | Total | $ | 6,072 | | | $ | 12,900 | | | $ | 6,945 | | | $ | 12,973 | |
(1) Comprised primarily of e-vapor reporting unit goodwill and definite-lived intangible assets related to the acquisition of NJOY in 2023. The changes in goodwill and net carrying amount of intangible assets were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | For the Six Months Ended | | For the Year Ended | | June 30, 2025 | | December 31, 2024 | | (in millions) | Goodwill | | Other Intangible Assets, net | | Goodwill | | Other Intangible Assets, net | Balance at January 1 | $ | 6,945 | | | $ | 12,973 | | | $ | 6,791 | | | $ | 13,686 | | Changes due to: | | | | | | | | Acquisitions (1) | — | | | 1 | | | 154 | | | (220) | | Impairments (2) | (873) | | | — | | | — | | | (354) | | Amortization | — | | | (74) | | | — | | | (139) | | | Balance at end of period | $ | 6,072 | | | $ | 12,900 | | | $ | 6,945 | | | $ | 12,973 | |
(1) The 2024 amounts represent the measurement period adjustments related to the acquisition of NJOY. (2) The 2025 amount represents a non-cash impairment of our e-vapor reporting unit goodwill. The 2024 amount represents a non-cash, pre-tax impairment of the Skoal trademark.
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| Schedule of Indefinite-Lived Intangible Assets |
Other intangible assets consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (in millions) | Gross Carrying Amount | | Accumulated Amortization | | Gross Carrying Amount | | Accumulated Amortization | Indefinite-lived intangible assets | $ | 11,089 | | | $ | — | | | $ | 11,089 | | | $ | — | | Definite-lived intangible assets | 2,622 | | | 811 | | | 2,621 | | | 737 | | | Total other intangible assets | $ | 13,711 | | | $ | 811 | | | $ | 13,710 | | | $ | 737 | |
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| Schedule of Finite-Lived Intangible Assets |
Other intangible assets consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (in millions) | Gross Carrying Amount | | Accumulated Amortization | | Gross Carrying Amount | | Accumulated Amortization | Indefinite-lived intangible assets | $ | 11,089 | | | $ | — | | | $ | 11,089 | | | $ | — | | Definite-lived intangible assets | 2,622 | | | 811 | | | 2,621 | | | 737 | | | Total other intangible assets | $ | 13,711 | | | $ | 811 | | | $ | 13,710 | | | $ | 737 | |
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