v3.26.3
Goodwill and Other Intangible Assets, net (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Asset and Goodwill
Goodwill and other intangible assets, net, were as follows:
September 30, 2026December 31, 2025
(in millions)GoodwillOther Intangible Assets, netGoodwillOther Intangible Assets, net
Smokeable products segment$99 $2,890 $99 $2,909 
Oral tobacco products segment5,078 8,627 5,078 8,646 
Other (1)
610 312 610 321 
Total$5,787 $11,829 $5,787 $11,876 
(1) Goodwill amounts are comprised of e-vapor reporting unit goodwill related to our 2023 acquisition of NJOY.
The changes in goodwill and net carrying amount of intangible assets were as follows:
For the Nine Months Ended September 30, 2026For the Year Ended
December 31, 2025
(in millions)GoodwillOther Intangible Assets, netGoodwillOther Intangible Assets, net
Balance at January 1
$5,787 $11,876 $6,945 $12,973 
Changes due to:
   Acquisitions— 20 — 5 
   Impairments
— — (1,158)
(1)
(970)
   Amortization
— (67)— (132)
Balance at end of period$5,787 $11,829 $5,787 $11,876 
(1) Comprised of non-cash goodwill impairments of $873 million and $285 million recorded in the first and fourth quarters of 2025, respectively.
Intangible Asset, Indefinite-Lived
Other intangible assets consisted of the following:
September 30, 2026December 31, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Indefinite-lived intangible assets
$11,089 $— $11,089 $— 
Definite-lived intangible assets
1,676 936 1,656 869 
Total other intangible assets$12,765 $936 $12,745 $869 
Schedule of Definite-Lived Intangible Assets
Other intangible assets consisted of the following:
September 30, 2026December 31, 2025
(in millions)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Indefinite-lived intangible assets
$11,089 $— $11,089 $— 
Definite-lived intangible assets
1,676 936 1,656 869 
Total other intangible assets$12,765 $936 $12,745 $869