v3.25.2
Other Intangible Assets and Goodwill
 6 Months Ended
Jun. 30, 2025
Intangible assets and goodwill [abstract]  
Other Intangible Assets and Goodwill
Note 4 - Other Intangible Assets and Goodwill
GoodwillLicenses and PatentsTechnology PlatformAcquired IPR&DTotal Intangible Assets
June 30, 2025
Cost at the beginning of the period$355 $149 $180 $1,532 $2,216 
Additions during the period— 32 — — 32 
Cost at the end of the period$355 $181 $180 $1,532 $2,248 
Amortization and impairment losses at the beginning of the period— 126 7 — 133 
Amortization for the period— 1 6 — 7 
Impairment losses for the period— 1 — — 1 
Amortization and impairment losses at the end of the period— 128 13 — 141 
Carrying amount at the end of the period$355 $53 $167 $1,532 $2,107 
December 31, 2024
Cost at the beginning of the year$— $126 $— $— $126 
Additions during the year341 23 174 1,481 2,019 
Effect of exchange rate adjustment14 — 6 51 71 
Cost at the end of the year$355 $149 $180 $1,532 $2,216 
Amortization and impairment losses at the beginning of the year— 112 — — 112 
Amortization for the year— 3 7 — 10 
Impairment losses for the year— 11 — 011 
Amortization and impairment losses at the end of the year— 126 7 — 133 
Carrying amount at the end of the year$355 $23 $173 $1,532 $2,083 

Other Intangible Assets
The increase in the gross carrying value of other intangible assets during the first six months of 2025 was due to the addition of $32 million of licenses and patents.
Amortization expense was $7 million and $4 million for the first six months of 2025 and 2024 respectively, which was recorded in Research and development expenses in the Condensed Consolidated Statements of Comprehensive Income.
Goodwill
The carrying amount of goodwill, which relates to the acquisition of ProfoundBio during the second quarter of 2024, was $355 million as of both June 30, 2025 and December 31, 2024.