XML 33 R16.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets Identifiable intangible assets consisted of the following:
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value
(In millions) |
December 31, 2024 |  |  |  |  |  |
Customer relationships |  | $ | 14,488 |  |  | $ | 8,620 |  |  | $ | 5,868 |
Acquired software and technology |  | 1,935 |  |  | 1,159 |  |  | 776 |
Trade names |  | 635 |  |  | 410 |  |  | 225 |
Purchased software |  | 1,019 |  |  | 517 |  |  | 502 |
Capitalized software and other intangibles |  | 3,974 |  |  | 1,405 |  |  | 2,569 |
Total |  | $ | 22,051 |  |  | $ | 12,111 |  |  | $ | 9,940 |
December 31, 2023 |  |  |  |  |  |
Customer relationships |  | $ | 14,669 |  |  | $ | 7,594 |  |  | $ | 7,075 |
Acquired software and technology |  | 2,148 |  |  | 1,148 |  |  | 1,000 |
Trade names |  | 641 |  |  | 356 |  |  | 285 |
Purchased software |  | 1,087 |  |  | 520 |  |  | 567 |
Capitalized software and other intangibles |  | 3,356 |  |  | 1,073 |  |  | 2,283 |
Total |  | $ | 21,901 |  |  | $ | 10,691 |  |  | $ | 11,210 |
Gross software development costs capitalized for new products and enhancements to existing product s totaled $942 million, $870 million and $807 million for the years ended December 31, 2024, 2023 and 2022, respectively. Amortization expense associated with the above identifiable intangible assets was $2.3 billion for the year ended December 31, 2024 and $2.4 billion for each of the years ended December 31, 2023 and 2022. The Company estimates that annual amortization expense with respect to intangible assets recorded at December 31, 2024 will be as follows:
(In millions) |  |
Year Ending December 31, |
2025 |  | $ | 2,202 |
2026 |  | 1,900 |
2027 |  | 1,611 |
2028 |  | 1,221 |
2029 |  | 833 |
Thereafter |  | 2,173 |
Total |  | $ | 9,940 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration