Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The components of, and changes in, the carrying amount of goodwill are as follows:

(MILLIONS OF DOLLARS)	U.S.		International		Total
Balance, December 31, 2023	$	1,532	$	1,227	$	2,759
Other(a)	—		—		—
Balance, March 31, 2024	$	1,532	$	1,227	$	2,759

(a) Includes adjustments for foreign currency translation.

Components of Identifiable Intangible Assets

The components of identifiable intangible assets are as follows:

	As of March 31, 2024						As of December 31, 2023
					Identifiable						Identifiable
	Gross				Intangible Assets		Gross				Intangible Assets
	Carrying		Accumulated		Less Accumulated		Carrying		Accumulated		Less Accumulated
(MILLIONS OF DOLLARS)	Amount		Amortization		Amortization		Amount		Amortization		Amortization
Finite-lived intangible assets:
Developed technology rights	$	1,986	$	(1,139)	$	847	$	1,986	$	(1,101)	$	885
Brands and tradenames	383		(249)		134		383		(246)		137
Other	270		(192)		78		270		(190)		80
Total finite-lived intangible assets	2,639		(1,580)		1,059		2,639		(1,537)		1,102
Indefinite-lived intangible assets:
Brands and tradenames	88		—		88		88		—		88
In-process research and development	141		—		141		141		—		141
Product rights	7		—		7		7		—		7
Total indefinite-lived intangible assets	236		—		236		236		—		236
Identifiable intangible assets	$	2,875	$	(1,580)	$	1,295	$	2,875	$	(1,537)	$	1,338