v3.26.1
GOODWILL AND INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The Company’s policy is to assess goodwill and indefinite-lived intangible assets for impairment annually as of April 1, with more frequent assessments if events or changes in circumstances indicate a given asset might be impaired. For the three months ended March 31, 2026, the Company considered qualitative and quantitative factors to determine whether any events or changes in circumstances had resulted in a more likely than not impairment of any of its goodwill or indefinite-lived intangible assets during the course of the quarter, and concluded there were no such indicators.
A reconciliation of changes in the Company’s goodwill by reportable segment is as follows:

(in millions)Connected Technology SolutionsEssential Dental SolutionsOrthodontic and Implant SolutionsWellspect HealthcareTotal
Balance at December 31, 2025
Goodwill$291 $860 $1,298 $288 $2,737 
Accumulated impairment losses(291)— (1,298)— (1,589)
Goodwill, net at December 31, 2025— 860 — 288 1,148 
Translation— (3)— (3)(6)
Impairment— — — — — 
Goodwill, net at March 31, 2026$— $857 $— $285 $1,142 
Accumulated impairment losses at
March 31, 2026
(291)— (1,298)— (1,589)


Identifiable definite-lived and indefinite-lived intangible assets were as follows:

March 31, 2026December 31, 2025
(in millions)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology and patents$1,763 $(1,340)$423 $1,783 $(1,334)$449 
Trade names and trademarks
84 (79)84 (79)
Licensing agreements42 (30)12 42 (29)13 
Customer relationships1,089 (857)232 1,098 (847)251 
Total definite-lived2,978 (2,306)672 3,007 (2,289)718 
Indefinite-lived trade names and trademarks
$247 $— $247 $251 $— $251 
In-process R&D— — 
Total indefinite-lived252 — 252 256 — 256 
Total identifiable intangible assets$3,230 $(2,306)$924 $3,263 $(2,289)$974