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Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Activity by Segment
The following table summarizes goodwill activity by segment:
PharmaceuticalAnimal HealthTotal
Balance January 1, 2023
$17,936 $3,268 $21,204 
Other (1)
(14)(7)
Balance December 31, 2023 (2)
17,922 3,275 21,197 
Acquisitions
 518 518 
Other (1)
(19)(28)(47)
Balance December 31, 2024 (2)
$17,903 $3,765 $21,668 
(1)    Includes cumulative translation adjustments on goodwill balances.
(2)    Accumulated goodwill impairment losses were $531 million at both December 31, 2024 and 2023.
Other Intangibles
Other acquired intangibles at December 31 consisted of:
 20242023
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Product rights
$29,988 $19,066 $10,922 $23,643 $17,765 $5,878 
IPR&D430  430 6,816 — 6,816 
Trade names2,881 954 1,927 2,881 776 2,105 
Licenses and other8,863 5,772 3,091 8,263 5,051 3,212 
 $42,162 $25,792 $16,370 $41,603 $23,592 $18,011