v3.26.1
Intangible assets and goodwill (Tables)
6 Months Ended
Jun. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill
(Dollars in Millions)June 28, 2026December 28, 2025
Intangible assets with definite lives:  
Patents and trademarks — gross$58,54259,156
Less accumulated amortization
(33,727)
(32,507)
Patents and trademarks — net
$24,815
26,649
Customer relationships and other intangibles — gross21,28321,361
Less accumulated amortization(15,334)(14,998)
Customer relationships and other intangibles — net(1)
$5,949
6,363
Intangible assets with indefinite lives:  
Trademarks1,7441,772
Purchased in-process research and development15,72115,619
Total intangible assets — net$48,22950,403
(1)The majority is comprised of customer relationships
Goodwill
Goodwill as of June 28, 2026 was allocated by segment of business as follows:
(Dollars in Millions)
Innovative
Medicine
MedTechTotal
Goodwill at December 28, 2025
$14,96733,80548,772
Goodwill, related to acquisitions33
Goodwill, related to divestitures
Currency translation/Other
(212)
(84)
(296)
Goodwill at June 28, 2026
$14,75533,72448,479
Intangible Asset Amortization Expense
The estimated amortization expense for approved products, before tax, for the five succeeding years is approximately:
(Dollars in Millions)
20262027202820292030
$5,1004,4003,7003,6003,500