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Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
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 December 31, 2023 |  | As of December 31, 2022
(in millions) | Gross Carrying Amount |  | Accumulated Amortization/ Write-offs |  | Gross Carrying Amount |  | Accumulated Amortization/ Write-offs
Technology-related | $ | 13,207 |  |  | $ | (8,101) |  |  | $ | 12,397 |  |  | $ | (7,378) |
Patents | 480 |  |  | (387) |  |  | 486 |  |  | (394) |
Other intangible assets | 2,130 |  |  | (1,500) |  |  | 1,960 |  |  | (1,400) |
Amortizable intangible assets | $ | 15,817 |  |  | $ | (9,988) |  |  | $ | 14,843 |  |  | $ | (9,173) |
Goodwill | $ | 24,287 |  |  | $ | (9,900) |  |  | $ | 22,820 |  |  | $ | (9,900) |
IPR&D | 54 |  |  |  |  | 112 |  |  |
Technology-related | 120 |  |  |  |  | 120 |  |  |
Indefinite-lived intangible assets | $ | 174 |  |  |  |  | $ | 232 |  |  |
Schedule of Goodwill | The following represents a rollforward of our goodwill balance by reportable segment:
(in millions) | MedSurg |  | Cardiovascular |  |  |  | Total
Balance as of December 31, 2021 | $ | 4,246 |  |  | $ | 7,741 |  |  |  |  | $ | 11,988 |
Goodwill acquired | — |  |  | 1,030 |  |  |  |  | 1,030 |
Foreign currency fluctuations and other changes | (10) |  |  | (88) |  |  |  |  | (98) |
Balance as of December 31, 2022 | $ | 4,237 |  |  | $ | 8,684 |  |  |  |  | $ | 12,920 |
Goodwill acquired | 1,110 |  |  | 337 |  |  |  |  | 1,447 |
Foreign currency fluctuations and other changes | — |  |  | 20 |  |  |  |  | 20 |
Balance as of December 31, 2023 | $ | 5,347 |  |  | $ | 9,041 |  |  |  |  | $ | 14,387 |
Schedule of Expected Amortization Expense | Estimated Amortization expense for each of the five succeeding fiscal years based upon our amortizable intangible asset portfolio, consisting of intangible assets acquired in a business combination or asset acquisition, as well as internally developed patents, as of December 31, 2023 is as follows:
Fiscal Year | (in millions)
2024 | $ | 828 |
2025 | 757 |
2026 | 737 |
2027 | 714 |
2028 | 690 |

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