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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reportable Segment
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 adjustments4,181 — — 4,181 
Balance at March 31, 2025$7,736 $ $1,170 $8,906 
(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 and GIA acquisitions that occurred during the nine months ended March 31, 2025. Goodwill recognized in connection with these acquisitions primarily represent the expected benefits from the expected growth from new customers, the assembled workforce of the acquired entities and synergies of integrating these businesses. Substantially all of the goodwill recorded is expected to be nondeductible for income tax purposes.
During the nine months ended March 31, 2025, we did not identify any indicators of impairment within our reporting units.
We performed interim quantitative goodwill impairment testing for GMPD at September 30, 2023 and March 31, 2024, which resulted in pre-tax goodwill impairment charges of $585 million and $90 million, respectively. GMPD goodwill was fully impaired during the third quarter of fiscal 2024.
Schedule of Finite-Lived Intangible Assets
The following tables summarize other intangible assets by class at:
March 31, 2025
(in millions)Gross
Intangible
Accumulated
Amortization
Net
Intangible
Weighted- Average Remaining Amortization Period (Years)
Indefinite-life intangibles:
Trademarks and patents$13 $ $13 N/A
Total indefinite-life intangibles13  13 N/A
Definite-life intangibles:
Customer relationships3,640 2,574 1,066 11
Trademarks, trade names and patents896 439 457 8
Customer contracts235 4 231 16
Developed technology and other1,027 711 316 7
Non-Competition Agreements
44 19 25 4
Total definite-life intangibles5,842 3,747 2,095 10
Total other intangible assets$5,855 $3,747 $2,108 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