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INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Finite-Lived Intangible Assets | The following table summarizes our Intangible assets, net:
|  | June 30, 2024 |  | December 31, 2023
(in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Finite-lived assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible asset – sofosbuvir |  | $ | 10,720 |  |  | $ | (7,399) |  |  | $ | — |  |  | $ | 3,321 |  |  | $ | 10,720 |  |  | $ | (7,050) |  |  | $ | — |  |  | $ | 3,670 |
Intangible asset – axicabtagene ciloleucel |  | 7,110 |  |  | (2,517) |  |  | — |  |  | 4,593 |  |  | 7,110 |  |  | (2,314) |  |  | — |  |  | 4,796 |
Intangible asset – Trodelvy |  | 11,730 |  |  | (2,543) |  |  | — |  |  | 9,187 |  |  | 11,730 |  |  | (2,002) |  |  | — |  |  | 9,728 |
Intangible asset – Hepcludex |  | 845 |  |  | (286) |  |  | — |  |  | 559 |  |  | 845 |  |  | (243) |  |  | — |  |  | 602 |
Other |  | 1,414 |  |  | (883) |  |  | 1 |  |  | 533 |  |  | 1,414 |  |  | (827) |  |  | 1 |  |  | 588 |
Total finite-lived assets |  | 31,819 |  |  | (13,628) |  |  | 1 |  |  | 18,192 |  |  | 31,819 |  |  | (12,436) |  |  | 1 |  |  | 19,384 |
Indefinite-lived assets – IPR&D(1) |  | 4,640 |  |  | — |  |  | — |  |  | 4,640 |  |  | 7,070 |  |  | — |  |  | — |  |  | 7,070 |
Total intangible assets |  | $ | 36,459 |  |  | $ | (13,628) |  |  | $ | 1 |  |  | $ | 22,832 |  |  | $ | 38,889 |  |  | $ | (12,436) |  |  | $ | 1 |  |  | $ | 26,454 |
_______________________________ (1) The Indefinite-lived assets – IPR&D balance as of December 31, 2023 was comprised of $5.9 billion related to sacituzumab govitecan-hziy (“SG”) for non-small cell lung cancer (“NSCLC”) and $1.1 billion related to bulevirtide. See “2024 IPR&D Impairment” below for 2024 activity.
Summary of Indefinite-Lived Intangible Assets | The following table summarizes our Intangible assets, net:
|  | June 30, 2024 |  | December 31, 2023
(in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Foreign Currency Translation Adjustment |  | Net Carrying Amount
Finite-lived assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible asset – sofosbuvir |  | $ | 10,720 |  |  | $ | (7,399) |  |  | $ | — |  |  | $ | 3,321 |  |  | $ | 10,720 |  |  | $ | (7,050) |  |  | $ | — |  |  | $ | 3,670 |
Intangible asset – axicabtagene ciloleucel |  | 7,110 |  |  | (2,517) |  |  | — |  |  | 4,593 |  |  | 7,110 |  |  | (2,314) |  |  | — |  |  | 4,796 |
Intangible asset – Trodelvy |  | 11,730 |  |  | (2,543) |  |  | — |  |  | 9,187 |  |  | 11,730 |  |  | (2,002) |  |  | — |  |  | 9,728 |
Intangible asset – Hepcludex |  | 845 |  |  | (286) |  |  | — |  |  | 559 |  |  | 845 |  |  | (243) |  |  | — |  |  | 602 |
Other |  | 1,414 |  |  | (883) |  |  | 1 |  |  | 533 |  |  | 1,414 |  |  | (827) |  |  | 1 |  |  | 588 |
Total finite-lived assets |  | 31,819 |  |  | (13,628) |  |  | 1 |  |  | 18,192 |  |  | 31,819 |  |  | (12,436) |  |  | 1 |  |  | 19,384 |
Indefinite-lived assets – IPR&D(1) |  | 4,640 |  |  | — |  |  | — |  |  | 4,640 |  |  | 7,070 |  |  | — |  |  | — |  |  | 7,070 |
Total intangible assets |  | $ | 36,459 |  |  | $ | (13,628) |  |  | $ | 1 |  |  | $ | 22,832 |  |  | $ | 38,889 |  |  | $ | (12,436) |  |  | $ | 1 |  |  | $ | 26,454 |
_______________________________ (1) The Indefinite-lived assets – IPR&D balance as of December 31, 2023 was comprised of $5.9 billion related to sacituzumab govitecan-hziy (“SG”) for non-small cell lung cancer (“NSCLC”) and $1.1 billion related to bulevirtide. See “2024 IPR&D Impairment” below for 2024 activity.

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