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GOODWILL AND OTHER INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2024
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, 2023 | $ | 21,169 |  |  |
Acquisitions (Note 4) | 580 |  |  |
Currency translation and other adjustments | (11) |  |  |
Balance at March 31, 2024 | $ | 21,738 |  |  |
Other Intangible Assets Other intangible assets consisted of the following:
| Estimated Useful Lives |  | March 31, 2024 |  | December 31, 2023
Dollars in millions |  | Gross carrying amounts |  | Accumulated amortization |  | Other intangible assets, net |  | Gross carrying amounts |  | Accumulated amortization |  | Other intangible assets, net
R&D technology(a) | 6 years |  | $ | 1,980 |  |  | $ | (28) |  |  | $ | 1,952 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Acquired marketed product rights(a) | 3 – 15 years |  | 63,871 |  |  | (42,514) |  |  | 21,357 |  |  | 63,076 |  |  | (40,184) |  |  | 22,892 |
Capitalized software | 3 – 10 years |  | 1,545 |  |  | (1,059) |  |  | 486 |  |  | 1,497 |  |  | (1,027) |  |  | 470 |
IPRD(a) |  |  | 8,965 |  |  | — |  |  | 8,965 |  |  | 3,710 |  |  | — |  |  | 3,710 |
Total |  |  | $ | 76,361 |  |  | $ | (43,601) |  |  | $ | 32,760 |  |  | $ | 68,283 |  |  | $ | (41,211) |  |  | $ | 27,072 |
(a) Includes assets acquired in connection with Mirati and RayzeBio acquisitions, as further described in "—Note 4. Acquisitions, Divestitures, Licensing and Other Arrangements." Amortization expense of Other intangible assets was $2.4 billion and $2.3 billion during the three months ended March 31, 2024 and 2023, respectively. An IPRD impairment charge of $20 million was included in Research and development expenses during the three months ended March 31, 2023.

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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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