XML 94 R17.htm IDEA: XBRL DOCUMENT

Goodwill and Intangible Assets, Net

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table presents the changes in the carrying amounts of goodwill by segment, for the periods presented.


	Medicaid		Medicare		Other		Consolidated

	(In millions)
Balance, December 31, 2021	$	769	$	169	$	44	$	982
Acquisitions and measurement period adjustments	130		3		—		133


Balance, December 31, 2022	899		172		44		1,115




Acquisitions and measurement period adjustments	95		31		—		126


Balance, December 31, 2023	$	994	$	203	$	44	$	1,241

The changes in the carrying amounts of both goodwill and intangible assets, net, in 2023, were due to the

acquisition described in Note 4, “Business Combinations.”

Intangible Assets, Net

The following table provides the details of identified intangible assets, by major class, for the periods presented.


	December 31, 2023						December 31, 2022
	Cost		Accumulated Amortization		Carrying Amount		Cost		Accumulated Amortization		Carrying Amount

	(In millions)
Contract rights and licenses	$	520	$	357	$	163	$	507	$	279	$	228
Provider networks	59		29		30		57		24		33
Trade names	22		7		15		19		5		14
Total	$	601	$	393	$	208	$	583	$	308	$	275

As of December 31, 2023, we estimate that our intangible asset amortization will be approximately $71 million in 2024, $67 million in 2025, $27 million in 2026, $15 million in 2027, and $8 million in 2028.