XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.2
GOODWILL AND OTHER INTANGIBLES (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The following table presents information about our goodwill at June 30, 2023 and December 31, 2022 (in thousands):
Branded PharmaceuticalsSterile InjectablesGeneric PharmaceuticalsInternational PharmaceuticalsTotal
Goodwill as of December 31, 2022$828,818 $523,193 $— $— $1,352,011 
Goodwill as of June 30, 2023$828,818 $523,193 $— $— $1,352,011 
The carrying amounts of goodwill at June 30, 2023 and December 31, 2022 are net of the following accumulated impairments (in thousands):
Branded PharmaceuticalsSterile InjectablesGeneric PharmaceuticalsInternational PharmaceuticalsTotal
Accumulated impairment losses as of December 31, 2022$855,810 $2,208,000 $3,142,657 $513,211 $6,719,678 
Accumulated impairment losses as of June 30, 2023$855,810 $2,208,000 $3,142,657 $525,314 $6,731,781 
Schedule of Other Intangible Assets
Changes in the amounts of other intangible assets for the six months ended June 30, 2023 are set forth in the table below (in thousands).
Cost basis:Balance as of December 31, 2022AcquisitionsOther (1)Effect of Currency TranslationBalance as of June 30, 2023
Licenses (weighted average life of 14 years)
$442,107 $— $(10,000)$— $432,107 
Tradenames6,409 — — — 6,409 
Developed technology (weighted average life of 12 years)
5,920,021 — — 5,674 5,925,695 
Total other intangibles (weighted average life of 12 years)
$6,368,537 $— $(10,000)$5,674 $6,364,211 
Accumulated amortization:Balance as of December 31, 2022AmortizationOther (1)Effect of Currency TranslationBalance as of June 30, 2023
Licenses$(424,508)$(2,288)$10,000 $— $(416,796)
Tradenames(6,409)— — — (6,409)
Developed technology(4,204,685)(127,393)— (4,657)(4,336,735)
Total other intangibles$(4,635,602)$(129,681)$10,000 $(4,657)$(4,759,940)
Net other intangibles$1,732,935 $1,604,271 
__________
(1)Other adjustments relate to the removal of certain fully amortized intangible assets.