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Goodwill and Intangible Assets, net | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, net | Changes in goodwill by our reportable business segments were as follows for the years ended December 31, 2024 and 2023:
(in millions) |  | January 1, 2024 |  | Goodwill Additions |  | Foreign Currency Translation Adjustments |  | December 31, 2024
Health Sciences |  | $ | 2,840 |  |  | $ | 68 |  |  | $ | (13) |  |  | $ | 2,895 |
Financial Services |  | 1,109 |  |  | 48 |  |  | (28) |  |  | 1,129 |
Products and Resources |  | 1,217 |  |  | 698 |  |  | (31) |  |  | 1,884 |
Communications, Media and Technology |  | 919 |  |  | 144 |  |  | (18) |  |  | 1,045 |
Total goodwill |  | $ | 6,085 |  |  | $ | 958 |  |  | $ | (90) |  |  | $ | 6,953 |
(in millions) |  | January 1, 2023 |  | Goodwill Additions and Adjustments |  | Foreign Currency Translation Adjustments |  |  |  | December 31, 2023
Health Sciences |  | $ | 2,819 |  |  | $ | 15 |  |  | $ | 6 |  |  |  |  | $ | 2,840 |
Financial Services |  | 1,073 |  |  | 19 |  |  | 17 |  |  |  |  | 1,109 |
Products and Resources |  | 1,062 |  |  | 137 |  |  | 18 |  |  |  |  | 1,217 |
Communications, Media and Technology |  | 756 |  |  | 148 |  |  | 15 |  |  |  |  | 919 |
Total goodwill |  | $ | 5,710 |  |  | $ | 319 |  |  | $ | 56 |  |  |  |  | $ | 6,085 |
Based on our most recent goodwill impairment assessment performed as o f October 31, 2024, we concluded that the goodwill in each of our reporting units was not at risk of impairment. We have not recognized any impairment losses on our goodwill. Components of intangible assets were as follows as of December 31:
|  | 2024 |  | 2023
(in millions) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships |  | $ | 2,534 |  |  | $ | (1,068) |  |  | $ | 1,466 |  |  | $ | 1,956 |  |  | $ | (902) |  |  | $ | 1,054 |
Developed technology |  | 384 |  |  | (379) |  |  | 5 |  |  | 384 |  |  | (376) |  |  | 8 |
Indefinite lived trademarks |  | 116 |  |  | — |  |  | 116 |  |  | 72 |  |  | — |  |  | 72 |
Finite lived trademarks and other |  | 81 |  |  | (69) |  |  | 12 |  |  | 82 |  |  | (67) |  |  | 15 |
Total intangible assets |  | $ | 3,115 |  |  | $ | (1,516) |  |  | $ | 1,599 |  |  | $ | 2,494 |  |  | $ | (1,345) |  |  | $ | 1,149 |
Other than certain trademarks with indefinite lives, our intangible assets have finite lives and, as such, are subject to amortization. Amortization of intangible assets totaled $188 million, $165 million and $184 million for the years ended December 31, 2024, 2023 and 2022, respectively. The following table provides the estimated amortization expense related to our existing intangible assets for the next five years.
(in millions) |  | Estimated Amortization
2025 |  | $ | 214 |
2026 |  | 211 |
2027 |  | 203 |
2028 |  | 182 |
2029 |  | 165 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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