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Intangible Assets Including Goodwill
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Including Goodwill Intangible Assets Including Goodwill:
Intangible Assets
The following tables present the company's intangible asset balances by major asset class.
At March 31, 2026
($ in millions)Gross Carrying
Amount		Accumulated
Amortization
Net Carrying
Amount (1)
Intangible asset class:
Capitalized software$1,419 $(455)$963 
Client relationships13,352 (5,878)7,474 
Completed technology8,953 (4,302)4,651 
Patents/trademarks2,143 (698)1,445 
Other (2)
139 (49)90 
Total$26,006 $(11,382)$14,624 
At December 31, 2025
($ in millions)Gross Carrying
Amount		Accumulated
Amortization
Net Carrying
Amount (1)
Intangible asset class:
Capitalized software$1,388 $(424)$964 
Client relationships11,261 (5,602)5,659 
Completed technology7,399 (4,096)3,304 
Patents/trademarks2,030 (665)1,365 
Other (2)
139 (40)99 
Total$22,218 $(10,827)$11,391 
(1)Amounts at March 31, 2026 and December 31, 2025 include a decrease in the net intangible asset balance of $24 million and an increase in the net intangible asset balance of $182 million, respectively, due to foreign currency translation.
(2)Other intangibles are primarily acquired proprietary and non-proprietary technology licenses, data, business processes, methodologies and systems.
The net carrying amount of intangible assets increased $3,232 million during the first three months of 2026, primarily due to additions of acquired intangibles from Confluent of $3,834 million in the first quarter of 2026 and additions of capitalized software, partially offset by intangible asset amortization. The aggregate intangible asset amortization expense was $719 million and $641 million for the three months ended March 31, 2026 and 2025, respectively. During the three months ended March 31, 2026, the company retired $119 million of fully amortized intangible assets, impacting both the gross carrying amount and accumulated amortization by this amount.
The future amortization expense relating to intangible assets currently recorded in the Consolidated Balance Sheet was estimated to be the following at March 31, 2026:
($ in millions)Capitalized
Software		Acquired
Intangibles		Total
Remainder of 2026$389 $2,035 $2,424 
2027377 2,668 3,046 
2028186 2,363 2,549 
202911 1,680 1,691 
2030— 1,240 1,240 
Thereafter— 3,674 3,674 
Goodwill
The changes in the goodwill balances by segment for the three months ended March 31, 2026 and for the year ended December 31, 2025 were as follows:
($ in millions)BalanceGoodwill
Additions
Purchase
Price
Adjustments
Foreign
Currency
Translation
and Other
Adjustments (1)
Balance
Segment1/1/2026Divestitures3/31/2026
Software$52,987 $7,136 $1 $— $(175)$59,950 
Consulting10,341 89 (18)— (36)10,376 
Infrastructure4,389 — 1 — (6)4,383 
Other— — — — — — 
Total$67,717 $7,225 $(17)$— $(217)$74,709 
($ in millions)BalanceGoodwill
Additions
Purchase
Price
Adjustments
Foreign
Currency
Translation
and Other
Adjustments (1)
Balance
Segment
1/1/2025Divestitures12/31/2025
Software
$47,136 $5,004 $(8)$— $855 $52,987 
Consulting
9,206 908 10 — 217 10,341 
Infrastructure4,363 — 0 0 26 4,389 
Other
— — — — — — 
Total$60,706 $5,912 $1 $0 $1,098 $67,717 
(1)Primarily driven by foreign currency translation.
Goodwill additions recorded in the three months ended March 31, 2026 were driven by the acquisition of Confluent. Refer to note 5, “Acquisitions & Divestitures,” for additional information.
There were no goodwill impairment losses recorded during the three months ended March 31, 2026 or the year ended December 31, 2025 and the company has no accumulated impairment losses. Purchase price adjustments recorded during the three months ended March 31, 2026 and the year ended December 31, 2025 were related to acquisitions that were still subject to the measurement period that ends at the earlier of 12 months from the acquisition date or when information becomes available. Net purchase price adjustments recorded in the three months ended March 31, 2026 and the year ended December 31, 2025 were not material.