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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets, Net
“Other intangible assets, net” consisted of the following:
As of December 31, 2024
As of December 31, 2023
Estimated Useful lives
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in millions, except useful lives)
In-process research and developmentIndefinite$603.6 $— $603.6 $603.6 $— $603.6 
Finite-lived intangible assets - marketed products
10 to 12 yrs.
238.0 (21.9)216.1 238.0 (1.7)236.3 
Finite-lived intangible assets - assembled workforce
 3 yrs.
7.7 (1.5)6.2 — — $— 
Total other intangible assets, net$849.3 $(23.4)$825.9 $841.6 $(1.7)$839.9 
Schedule of Indefinite-Lived Intangible Assets
“Other intangible assets, net” consisted of the following:
As of December 31, 2024
As of December 31, 2023
Estimated Useful lives
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
(in millions, except useful lives)
In-process research and developmentIndefinite$603.6 $— $603.6 $603.6 $— $603.6 
Finite-lived intangible assets - marketed products
10 to 12 yrs.
238.0 (21.9)216.1 238.0 (1.7)236.3 
Finite-lived intangible assets - assembled workforce
 3 yrs.
7.7 (1.5)6.2 — — $— 
Total other intangible assets, net$849.3 $(23.4)$825.9 $841.6 $(1.7)$839.9 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2024, the estimated future amortization of our finite-lived intangible assets was as follows:
Year
Estimated Amortization Expense
(in millions)
2025$22.7 
2026$22.7 
2027$21.3 
2028$20.2 
2029$20.2