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Goodwill and Other Intangible Assets, net (Tables) | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | Goodwill and other intangible assets, net, were as follows:
| Goodwill |  | Other Intangible Assets, net
(in millions) | June 30, 2024 |  | December 31, 2023 |  | June 30, 2024 |  | December 31, 2023
Smokeable products segment | $ | 99 |  |  | $ | 99 |  |  | $ | 2,951 |  |  | $ | 2,963 |
Oral tobacco products segment | 5,078 |  |  | 5,078 |  |  | 8,695 |  |  | 9,065 |
Other | 1,768 |  |  | 1,614 |  |  | 1,402 |  |  | 1,658 |
Total | $ | 6,945 |  |  | $ | 6,791 |  |  | $ | 13,048 |  |  | $ | 13,686 |
The changes in goodwill and net carrying amount of intangible assets were as follows:
| For the Six Months Ended |  | For the Year Ended
| June 30, 2024 |  | December 31, 2023
(in millions) | Goodwill |  | Other Intangible Assets, net |  | Goodwill |  | Other Intangible Assets, net
Balance at January 1 | $ | 6,791 |  |  | $ | 13,686 |  |  | $ | 5,177 |  |  | $ | 12,384 |
Changes due to: |  |  |  |  |  |  |
Acquisitions (1) | 154 |  |  | (220) |  |  | 1,614 |  |  | 1,430 |
Asset impairment | — |  |  | (354) |  |  | — |  |  | — |
Amortization | — |  |  | (64) |  |  | — |  |  | (128) |
Balance at end of period | $ | 6,945 |  |  | $ | 13,048 |  |  | $ | 6,791 |  |  | $ | 13,686 |
(1) Substantially all of the 2023 amounts are attributable to the NJOY Transaction. The 2024 amount represents the measurement period adjustments made during the three months ended March 31, 2024 related to the NJOY Transaction. For additional information regarding the NJOY Transaction, see Note 2. Acquisition of NJOY.
Schedule of Indefinite-Lived Intangible Assets | Other intangible assets consisted of the following:
| June 30, 2024 |  | December 31, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Indefinite-lived intangible assets | $ | 11,089 |  |  | $ | — |  |  | $ | 11,443 |  |  | $ | — |
Definite-lived intangible assets | 2,621 |  |  | 662 |  |  | 2,841 |  |  | 598 |
Total other intangible assets | $ | 13,710 |  |  | $ | 662 |  |  | $ | 14,284 |  |  | $ | 598 |
Schedule of Finite-Lived Intangible Assets | Other intangible assets consisted of the following:
| June 30, 2024 |  | December 31, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Indefinite-lived intangible assets | $ | 11,089 |  |  | $ | — |  |  | $ | 11,443 |  |  | $ | — |
Definite-lived intangible assets | 2,621 |  |  | 662 |  |  | 2,841 |  |  | 598 |
Total other intangible assets | $ | 13,710 |  |  | $ | 662 |  |  | $ | 14,284 |  |  | $ | 598 |

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