v3.26.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [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(121)
Balance as of June 30, 2026$35,519 
Summary of definite-lived intangible assets
The following table summarizes intangible assets:
June 30, 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$81,968 $(37,891)$44,077 $81,239 $(34,849)$46,390 
License agreements8,359 (7,698)661 8,353 (7,383)970 
Total definite-lived intangible assets90,327 (45,589)44,738 89,592 (42,232)47,360 
Indefinite-lived intangible assets4,401 — 4,401 5,281 — 5,281 
Total intangible assets, net$94,728 $(45,589)$49,139 $94,873 $(42,232)$52,641 
Summary of indefinite-lived intangible assets
The following table summarizes intangible assets:
June 30, 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$81,968 $(37,891)$44,077 $81,239 $(34,849)$46,390 
License agreements8,359 (7,698)661 8,353 (7,383)970 
Total definite-lived intangible assets90,327 (45,589)44,738 89,592 (42,232)47,360 
Indefinite-lived intangible assets4,401 — 4,401 5,281 — 5,281 
Total intangible assets, net$94,728 $(45,589)$49,139 $94,873 $(42,232)$52,641