v3.25.2
Intangible Assets and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets, net of accumulated amortization, impairment charges and adjustments are summarized as follows:
  As of June 30, 2025As of December 31, 2024
(In millions)Estimated LifeCostAccumulated
Amortization		NetCostAccumulated
Amortization		Net
Completed technology
2-31 years
$14,087.1 $(6,423.0)$7,664.1 $14,138.4 $(6,254.1)$7,884.3 
In-process research and developmentIndefinite until commercialization1,639.4 — 1,639.4 1,642.9 — 1,642.9 
Priority review voucherIndefinite100.0 — 100.0 100.0 — 100.0 
Trademarks and trade namesIndefinite64.0 — 64.0 64.0 — 64.0 
Total intangible assets$15,890.5 $(6,423.0)$9,467.5 $15,945.3 $(6,254.1)$9,691.2 
Estimated future amortization for acquired intangible assets
The estimated future amortization of finite-lived intangible assets for the next five years is expected to be as follows:
(In millions)As of June 30, 2025
2025 (remaining six months)$240.0 
2026565.0 
2027600.0 
2028630.0 
2029665.0 
2030700.0 
Summary of roll forward of the changes in goodwill
The following table provides a roll forward of the changes in our goodwill balance:
(In millions)As of June 30, 2025
Goodwill, December 31, 2024$6,478.9 
Goodwill resulting from HI-Bio acquisition(1)
4.5 
Other(2)
9.7 
Goodwill, June 30, 2025$6,493.1 
(1) Goodwill resulting from the HI-Bio acquisition relates to HI-Bio measurement period adjustments recognized during 2025 related to certain income tax adjustments. For additional information on our acquisition of HI-Bio, please read Note 2, Acquisitions, to these condensed consolidated financial statements.
(2) Other includes adjustments related to foreign currency exchange rate fluctuations.