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GOODWILL AND OTHER INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The changes in the carrying amounts in Goodwill were as follows:
Dollars in millions |  |  |
Balance at December 31, 2022 | $ | 21,149 |  |  |
Currency translation and other adjustments | (2) |  |  |
Balance at September 30, 2023 | $ | 21,147 |  |  |
Other Intangible Assets Other intangible assets consisted of the following:
| Estimated Useful Lives |  | September 30, 2023 |  | December 31, 2022
Dollars in millions |  | Gross carrying amounts |  | Accumulated amortization |  | Other intangible assets, net |  | Gross carrying amounts |  | Accumulated amortization |  | Other intangible assets, net
Licenses | 5 – 15 years |  | $ | 363 |  |  | $ | (144) |  |  | $ | 219 |  |  | $ | 400 |  |  | $ | (128) |  |  | $ | 272 |
Acquired marketed product rights | 3 – 15 years |  | 59,577 |  |  | (37,794) |  |  | 21,783 |  |  | 60,477 |  |  | (31,949) |  |  | 28,528 |
Capitalized software | 3 – 10 years |  | 1,639 |  |  | (1,171) |  |  | 468 |  |  | 1,555 |  |  | (1,056) |  |  | 499 |
IPRD |  |  | 6,480 |  |  | — |  |  | 6,480 |  |  | 6,560 |  |  | — |  |  | 6,560 |
Total |  |  | $ | 68,059 |  |  | $ | (39,109) |  |  | $ | 28,950 |  |  | $ | 68,992 |  |  | $ | (33,133) |  |  | $ | 35,859 |
Amortization expense of Other intangible assets was $2.3 billion and $6.9 billion during the three and nine months ended September 30, 2023 and $2.5 billion and $7.4 billion for the three and nine months ended September 30, 2022, respectively. The other intangible assets impairments were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Dollars in millions | 2023 |  | 2022 |  | 2023 |  | 2022
IPRD | $ | 60 |  |  | $ | 58 |  |  | $ | 80 |  |  | $ | 98 |
Licenses | 29 |  |  | — |  |  | 29 |  |  | — |
Total | $ | 89 |  |  | $ | 58 |  |  | $ | 109 |  |  | $ | 98 |
IPRD impairment charges were recognized following decisions to discontinue development of investigational compounds in connection with the prioritization of pipeline opportunities and were recorded in Research and development expense. Licenses impairment charges were recognized for out-licensed assets following assessments of future economic benefits and were included in Other Income/(expense), net. The impairments represented full write-downs.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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