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Goodwill and other intangible assets
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and other intangible assets
Goodwill and other intangible assets
Goodwill
The change in the carrying amount of goodwill was as follows (in millions):
 
Three months ended
March 31, 2019
Beginning balance
$
14,699

Currency translation adjustment
(7
)
Ending balance
$
14,692


Other intangible assets
Other intangible assets consisted of the following (in millions):
 
March 31, 2019
 
December 31, 2018
 
Gross
carrying
amounts
 
Accumulated
amortization
 
Other intangible
assets, net
 
Gross
carrying
amounts
 
Accumulated
amortization
 
Other intangible
assets, net
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Developed-product-technology rights
$
12,559

 
$
(7,639
)
 
$
4,920

 
$
12,573

 
$
(7,479
)
 
$
5,094

Licensing rights
3,693

 
(2,064
)
 
1,629

 
3,772

 
(2,032
)
 
1,740

Marketing-related rights
1,211

 
(947
)
 
264

 
1,297

 
(1,019
)
 
278

Research and development technology rights
1,145

 
(889
)
 
256

 
1,148

 
(872
)
 
276

Total finite-lived intangible assets
18,608

 
(11,539
)
 
7,069

 
18,790

 
(11,402
)
 
7,388

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
In-process research and development
55

 

 
55

 
55

 

 
55

Total other intangible assets
$
18,663

 
$
(11,539
)
 
$
7,124

 
$
18,845

 
$
(11,402
)
 
$
7,443


Developed-product-technology rights consist of rights related to marketed products acquired in business combinations. Licensing rights consist primarily of contractual rights acquired in business combinations to receive future milestone, royalty and profit-sharing payments; capitalized payments to third parties for milestones related to regulatory approvals to commercialize products; and upfront payments associated with royalty obligations for marketed products. Marketing-related rights consist primarily of rights related to the sale and distribution of marketed products. Research and development (R&D) technology rights pertain to technology used in R&D that have alternative future uses.
In-process research and development (IPR&D) consists of R&D projects acquired in a business combination that are not complete at the time of acquisition due to remaining technological risks and/or lack of receipt of required regulatory approvals. We review IPR&D projects for impairment annually, whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable and upon the establishment of technological feasibility or regulatory approval.
During the three months ended March 31, 2019 and 2018, we recognized amortization associated with our finite-lived intangible assets, included primarily in Cost of sales in the Condensed Consolidated Statements of Income, of $315 million and $320 million, respectively. The total estimated amortization for our finite-lived intangible assets for the remaining nine months ending December 31, 2019, and the years ending December 31, 2020, 2021, 2022, 2023 and 2024, are $1.0 billion, $1.2 billion, $1.0 billion, $0.9 billion, $0.9 billion and $0.8 billion, respectively.