Goodwill and Other Intangible Assets

3 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure

Goodwill

The following table summarizes the changes in the carrying amount of goodwill by segment and in total:

(in millions)	Pharmaceutical		Medical		Total
Balance at June 30, 2021	$	2,659	$	5,330	$	7,989
Goodwill acquired, net of purchase price adjustments	—		—		—
Foreign currency translation adjustments and other	—		(10)		(10)
Balance at September 30, 2021	$	2,659	$	5,320	$	7,979

Other Intangible Assets

The following tables summarize other intangible assets by class at:

	September 30, 2021
(in millions)	Gross Intangible		Accumulated Amortization		Net Intangible		Weighted- Average Remaining Amortization Period (Years)
Indefinite-life intangibles:
Trademarks and patents	$	12	$	—	$	12	N/A
Total indefinite-life intangibles	12		—		12		N/A
Definite-life intangibles:
Customer relationships	3,325		2,039		1,286		11
Trademarks, trade names and patents	552		336		216		9
Developed technology and other	1,038		526		512		9
Total definite-life intangibles	4,915		2,901		2,014		10
Total other intangible assets	$	4,927	$	2,901	$	2,026	N/A

	June 30, 2021
(in millions)	Gross Intangible		Accumulated Amortization		Net Intangible
Indefinite-life intangibles:
Trademarks and patents	$	12	$	—	$	12
Total indefinite-life intangibles	12		—		12
Definite-life intangibles:
Customer relationships	3,330		1,989		1,341
Trademarks, trade names and patents	551		328		223
Developed technology and other	1,035		506		529
Total definite-life intangibles	4,916		2,823		2,093
Total other intangible assets	$	4,928	$	2,823	$	2,105

Total amortization of intangible assets was $78 million and $115 million for the three months ended September 30, 2021 and 2020, respectively. Estimated annual amortization of intangible assets for the remainder of fiscal 2022 through 2026 is as follows: $236 million, $287 million, $264 million, $238 million, and $212 million.