XML 73 R17.htm IDEA: XBRL DOCUMENT v3.25.0.1
Goodwill and Intangible Assets, net
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net
Changes in goodwill by our reportable business segments were as follows for the years ended December 31, 2024 and 2023:
(in millions)
January 1, 2024
Goodwill Additions
Foreign Currency Translation AdjustmentsDecember 31, 2024
Health Sciences$2,840 $68 $(13)$2,895 
Financial Services1,109 48 (28)1,129 
Products and Resources1,217 698 (31)1,884 
Communications, Media and Technology919 144 (18)1,045 
Total goodwill$6,085 $958 $(90)$6,953 
(in millions)
January 1, 2023Goodwill Additions and AdjustmentsForeign Currency Translation AdjustmentsDecember 31, 2023
Health Sciences$2,819 $15 $6 $2,840 
Financial Services1,073 19 17 1,109 
Products and Resources1,062 137 18 1,217 
Communications, Media and Technology756 148 15 919 
Total goodwill$5,710 $319 $56 $6,085 
Based on our most recent goodwill impairment assessment performed as of October 31, 2024, we concluded that the goodwill in each of our reporting units was not at risk of impairment. We have not recognized any impairment losses on our goodwill.
Components of intangible assets were as follows as of December 31:
 20242023
(in millions)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships$2,534 $(1,068)$1,466 $1,956 $(902)$1,054 
Developed technology384 (379)5 384 (376)8 
Indefinite lived trademarks116 — 116 72 — 72 
Finite lived trademarks and other81 (69)12 82 (67)15 
Total intangible assets$3,115 $(1,516)$1,599 $2,494 $(1,345)$1,149 

Other than certain trademarks with indefinite lives, our intangible assets have finite lives and, as such, are subject to amortization. Amortization of intangible assets totaled $188 million, $165 million and $184 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The following table provides the estimated amortization expense related to our existing intangible assets for the next five years.
(in millions)Estimated Amortization
2025
$214 
2026
211 
2027
203 
2028
182 
2029
165