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Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill
Below is a summary of the changes in the carrying amount of goodwill by segment for the years ended December 31, 2023 and 2022:
In millionsHealth Care
Benefits
Health
Services
Pharmacy &
Consumer
Wellness
Total
Balance at December 31, 2021$45,130 $23,615 $10,376 $79,121 
Divestitures
(971)— — (971)
Balance at December 31, 202244,159 23,615 10,376 78,150 
Segment realignment(109)109 — — 
Acquisitions2,594 10,342 186 13,122 
Balance at December 31, 2023$46,644 $34,066 $10,562 $91,272 
Summary of Intangible Assets
The following table is a summary of the Company’s intangible assets as of December 31, 2023 and 2022:
In millions, except weighted average lifeGross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted
Average
Life (years)
2023
Trademarks (indefinite-lived)$10,498 $— $10,498 N/A
Customer contracts/relationships and covenants not to compete26,784 (12,241)14,543 14.2
Technology1,253 (1,104)149 3.0
Provider networks4,203 (1,072)3,131 20.0
Value of Business Acquired 590 (201)389 20.0
Other838 (314)524 9.3
Total$44,166 $(14,932)$29,234 14.5
2022
Trademarks (indefinite-lived)$10,498 $— $10,498 N/A
Customer contracts/relationships and covenants not to compete21,206 (10,668)10,538 13.3
Technology1,060 (1,060)— — 
Provider networks4,203 (862)3,341 20.0
Value of Business Acquired 590 (174)416 20.0
Other302 (264)38 12.4
Total (1)
$37,859 $(13,028)$24,831 13.9
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(1)Includes intangible assets of $28 million which were accounted for as assets held for sale and were included in assets held for sale on the consolidated balance sheet at December 31, 2022. See Note 2 ‘‘Acquisitions, Divestitures and Asset Sales’’ for additional information.
Schedule of Projected Annual Amortization Expense for Intangible Assets for Next Five Years The projected annual amortization expense for the Company’s intangible assets for the next five years is as follows:
In millions
2024$2,011 
20251,964 
20261,687 
20271,580 
20281,306