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Goodwill and Other Intangible Assets | 9 Months Ended
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Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | 3. Goodwill and Other Intangible Assets Goodwill The following table summarizes the changes in the carrying amount of goodwill by segment and in total:
(in millions) | Pharmaceutical |  | Medical |  | Total
Balance at June 30, 2019 | $ | 2,663 |  |  | $ | 5,715 |  |  | $ | 8,378 |
Goodwill acquired, net of purchase price adjustments | (5 | ) |  | — |  |  | (5 | )
Foreign currency translation adjustments and other | — |  |  | (34 | ) |  | (34 | )
Balance at March 31, 2020 | $ | 2,658 |  |  | $ | 5,681 |  |  | $ | 8,339 |
Primarily due to the risks and uncertainties to the business from both the Recalls and the COVID-19 pandemic, we elected to bypass the qualitative assessment and perform interim goodwill impairment testing for the Medical Unit during the three months ended March 31, 2020. The carrying value of this reporting unit at March 31, 2020 was $10.1 billion, of which $4.2 billion was goodwill. The fair value of the reporting unit was estimated to be approximately 10 percent in excess of its carrying value, using a combination of the income-based approach (using a discount rate of 8.5 percent and a terminal growth rate of 2 percent), and the market-based approach. Other Intangible Assets The following tables summarize other intangible assets by class at:
| March 31, 2020
(in millions) | Gross Intangible |  | Accumulated Amortization |  | Net Intangible |  | Weighted- Average Remaining Amortization Period (Years)
Indefinite-life intangibles: |  |  |  |  |  |  |
IPR&D, trademarks and other | $ | 22 |  |  | $ | — |  |  | $ | 22 |  |  | N/A
Total indefinite-life intangibles | 22 |  |  | — |  |  | 22 |  |  | N/A
Definite-life intangibles: |  |  |  |  |  |  |
Customer relationships | 3,544 |  |  | 1,746 |  |  | 1,798 |  |  | 13
Trademarks, trade names and patents | 674 |  |  | 329 |  |  | 345 |  |  | 13
Developed technology and other | 1,604 |  |  | 730 |  |  | 874 |  |  | 11
Total definite-life intangibles | 5,822 |  |  | 2,805 |  |  | 3,017 |  |  | 12
Total other intangible assets | $ | 5,844 |  |  | $ | 2,805 |  |  | $ | 3,039 |  |  | N/A
| June 30, 2019
(in millions) | Gross Intangible |  | Accumulated Amortization |  | Net Intangible
Indefinite-life intangibles: |  |  |  |  |
IPR&D, trademarks and other | $ | 22 |  |  | $ | — |  |  | $ | 22 |
Total indefinite-life intangibles | 22 |  |  | — |  |  | 22 |
Definite-life intangibles: |  |  |  |  |
Customer relationships | 3,562 |  |  | 1,517 |  |  | 2,045 |
Trademarks, trade names and patents | 672 |  |  | 295 |  |  | 377 |
Developed technology and other | 1,602 |  |  | 616 |  |  | 986 |
Total definite-life intangibles | 5,836 |  |  | 2,428 |  |  | 3,408 |
Total other intangible assets | $ | 5,858 |  |  | $ | 2,428 |  |  | $ | 3,430 |
Total amortization of intangible assets was $129 million and $133 million for the three months ended March 31, 2020 and 2019, respectively, and $385 million and $399 million for the nine months ended March 31, 2020 and 2019, respectively. Estimated annual amortization of intangible assets for the remainder of fiscal 2020 through 2024 is as follows: $134 million, $442 million, $408 million, $358 million and $328 million.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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