Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2025

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, 2024	$	1,515	$	1,209	$	2,724
Other(a)	—		(8)		(8)
Balance, March 31, 2025	$	1,515	$	1,201	$	2,716

(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, 2025						As of December 31, 2024
					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	$	1,881	$	(1,203)	$	678	$	1,891	$	(1,175)	$	716
Brands and tradenames	368		(249)		119		367		(246)		121
Other	277		(199)		78		278		(197)		81
Total finite-lived intangible assets	2,526		(1,651)		875		2,536		(1,618)		918
Indefinite-lived intangible assets:
Brands and tradenames	66		—		66		66		—		66
In-process research and development	135		—		135		136		—		136
Product rights	6		—		6		7		—		7
Total indefinite-lived intangible assets	207		—		207		209		—		209
Identifiable intangible assets	$	2,733	$	(1,651)	$	1,082	$	2,745	$	(1,618)	$	1,127