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Goodwill and Other Intangible Assets
6 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
5. Goodwill and Other Intangible Assets
Goodwill
The following table summarizes the changes in the carrying amount of goodwill by segment and in total:
(in millions)Pharmaceutical and Specialty SolutionsGlobal Medical Products and DistributionOther (1)Total
Balance at June 30, 2024$3,555 $— $1,170 $4,725 
Goodwill acquired, net of purchase price adjustments763 — — 763 
Balance at December 31, 2024$4,318 $ $1,170 $5,488 
(1) Comprised of the remaining operating segments, Nuclear and Precision Health Solutions, at-Home Solutions and OptiFreight® Logistics.
The increase in the Pharma segment goodwill is due to the ION acquisition. Goodwill recognized in connection with this acquisition primarily represents the expected benefits from the expected growth from new customers, the assembled workforce of the acquired entity and synergies of integrating this business.
During the three months ended December 31, 2024, we did not identify any indicators of impairment within our reporting units.
During the three months ended September 30, 2023, we performed interim quantitative goodwill impairment testing for GMPD. This quantitative testing resulted in the carrying amount of GMPD exceeding the fair value, resulting in a pre-tax impairment charge of $585 million. GMPD goodwill was fully impaired during the third quarter of fiscal 2024.

Other Intangible Assets
The following tables summarize other intangible assets by class at:
December 31, 2024
(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 intangibles12  12 N/A
Definite-life intangibles:
Customer relationships3,628 2,519 1,109 11
Trademarks, trade names and patents639 423 216 8
Customer contracts279 2 277 20
Developed technology and other1,048 714 334 7
Total definite-life intangibles5,594 3,658 1,936 11
Total other intangible assets$5,606 $3,658 $1,948 N/A
June 30, 2024
(in millions)Gross
Intangible
Accumulated
Amortization
Net
Intangible
Indefinite-life intangibles:
Trademarks and patents$12 $— $12 
Total indefinite-life intangibles12 — 12 
Definite-life intangibles:
Customer relationships3,628 2,431 1,197 
Trademarks, trade names and patents561 408 153 
Developed technology and other1,047 684 363 
Total definite-life intangibles5,236 3,523 1,713 
Total other intangible assets$5,248 $3,523 $1,725 

The increase in definite-life intangibles is due to the acquisition of ION. Total amortization of intangible assets was $69 million and $63 million for the three months ended December 31, 2024 and 2023, respectively, and $137 million and $127 million for the six months ended December 31, 2024 and 2023, respectively. Estimated annual amortization of intangible assets for the remainder of fiscal 2025 through 2029 is as follows: $144 million, $267 million, $240 million, $213 million and $208 million.