Goodwill and Other Intangible Assets Goodwill (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The gross carrying amount of goodwill and other intangible assets and the related accumulated amortization for intangible assets subject to amortization and accumulated goodwill impairment charges are as follows:

	As of September 30, 2024				As of December 31, 2023
(in millions)	Gross Carrying Amount		Accumulated Amortization/ Write-offs		Gross Carrying Amount		Accumulated Amortization/ Write-offs
Technology-related	$	13,431	$	(8,555)	$	13,207	$	(8,101)
Patents	480		(381)		480		(387)
Other intangible assets	2,270		(1,584)		2,130		(1,500)
Amortizable intangible assets	$	16,181	$	(10,521)	$	15,817	$	(9,988)
Goodwill	$	24,933	$	(9,900)	$	24,287	$	(9,900)
IPR&D	$	94			$	54
Technology-related	—				120
Indefinite-lived intangible assets	$	94			$	174

The increase in our balance of goodwill and amortizable intangible assets is related primarily to our acquisition of Silk Road Medical in the third quarter of 2024.

Schedule of Goodwill

The following represents a roll-forward of our goodwill balance by reportable segment:

(in millions)	MedSurg		Cardiovascular		Total
As of December 31, 2023	$	5,347	$	9,041	$	14,387
Goodwill acquired	24		609		633
Impact of foreign currency fluctuations and purchase price and other adjustments	(22)		34		12
As of September 30, 2024	$	5,349	$	9,684	$	15,033