Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 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)	—		34		34
Balance, June 30, 2025	$	1,515	$	1,243	$	2,758

(a)     Includes adjustments for foreign currency translation.

Components of Identifiable Intangible Assets

The components of identifiable intangible assets are as follows:

	As of June 30, 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	$	1,926	$	(1,270)	$	656	$	1,891	$	(1,175)	$	716
Brands and tradenames	362		(246)		116		367		(246)		121
Other	290		(204)		86		278		(197)		81
Total finite-lived intangible assets	2,578		(1,720)		858		2,536		(1,618)		918
Indefinite-lived intangible assets:
Brands and tradenames	67		—		67		66		—		66
In-process research and development	144		—		144		136		—		136
Product rights	6		—		6		7		—		7
Total indefinite-lived intangible assets	217		—		217		209		—		209
Identifiable intangible assets	$	2,795	$	(1,720)	$	1,075	$	2,745	$	(1,618)	$	1,127