GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill

The changes in the carrying amounts in Goodwill were as follows:


Dollars in millions
Balance at December 31, 2022	$	21,149

Currency translation and other adjustments	14
Balance at June 30, 2023	$	21,163

Other Intangible Assets

Other intangible assets consisted of the following:


	Estimated Useful Lives	June 30, 2023						December 31, 2022
Dollars in Millions		Gross carrying amounts		Accumulated amortization		Other intangible assets, net		Gross carrying amounts		Accumulated amortization		Other intangible assets, net
Licenses	5 – 15 years	$	400	$	(144)	$	256	$	400	$	(128)	$	272
Acquired marketed product rights	3 – 15 years	59,577		(35,545)		24,032		60,477		(31,949)		28,528
Capitalized software	3 – 10 years	1,602		(1,127)		475		1,555		(1,056)		499
IPRD		6,540		—		6,540		6,560		—		6,560
Total		$	68,119	$	(36,816)	$	31,303	$	68,992	$	(33,133)	$	35,859

Amortization expense of Other intangible assets was $2.3 billion and $4.6 billion during the three and six months ended June 30, 2023 and $2.4 billion and $4.9 million for the three and six months ended June 30, 2022, respectively.

IPRD impairment charges were $20 million during the six months ended June 30, 2023 and $40 million during the six months ended June 30, 2022. These IPRD impairments were included in Research and development expense and represented full write-downs.