v3.26.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
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, 2025$35,640 
Foreign currency translation adjustments(70)
Balance as of March 31, 2026$35,570 
Summary of definite-lived intangible assets
The following table summarizes intangible assets:
March 31, 2026December 31, 2025
(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$81,165 $(36,380)$44,785 $81,239 $(34,849)$46,390 
License agreements8,359 (7,543)816 8,353 (7,383)970 
Total definite-lived intangible assets89,524 (43,923)45,601 89,592 (42,232)47,360 
Indefinite-lived intangible assets5,272 — 5,272 5,281 — 5,281 
Total intangible assets, net$94,796 $(43,923)$50,873 $94,873 $(42,232)$52,641 
Summary of indefinite-lived intangible assets
The following table summarizes intangible assets:
March 31, 2026December 31, 2025
(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$81,165 $(36,380)$44,785 $81,239 $(34,849)$46,390 
License agreements8,359 (7,543)816 8,353 (7,383)970 
Total definite-lived intangible assets89,524 (43,923)45,601 89,592 (42,232)47,360 
Indefinite-lived intangible assets5,272 — 5,272 5,281 — 5,281 
Total intangible assets, net$94,796 $(43,923)$50,873 $94,873 $(42,232)$52,641