v3.23.3
Goodwill and Other Intangible Assets, net (Tables)
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
Goodwill and other intangible assets, net, were as follows:
GoodwillOther Intangible Assets, net
(in millions)September 30, 2023December 31, 2022September 30, 2023December 31, 2022
Smokeable products segment$99 $99 $2,970 $2,989 
Oral tobacco products segment5,078 5,078 9,073 9,097 
Other1,614 — 1,684 298 
Total$6,791 $5,177 $13,727 $12,384 
The changes in goodwill and net carrying amount of intangible assets were as follows:
For the Nine Months EndedFor the Year Ended
September 30, 2023December 31, 2022
(in millions)GoodwillOther Intangible Assets, netGoodwillOther Intangible Assets, net
Balance at January 1
$5,177 $12,384 $5,177 $12,306 
Changes due to:
   Acquisitions (1)
1,614 1,430 — 151 
   Amortization
— (87)— (73)
Balance at end of period$6,791 $13,727 $5,177 $12,384 
(1) Substantially all of the 2023 amounts are attributable to the NJOY Transaction. For additional information regarding the NJOY Transaction, see Note 2. Acquisition of NJOY. 2022 amounts attributable to certain intellectual property for other tobacco products.
Schedule of Indefinite-Lived Intangible Assets
Other intangible assets consisted of the following:
September 30, 2023December 31, 2022
(in millions)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Indefinite-lived intangible assets
$11,443 $— $11,443 $— 
Definite-lived intangible assets
2,841 557 1,411 470 
Total other intangible assets$14,284 $557 $12,854 $470 
Schedule of Finite-Lived Intangible Assets
Other intangible assets consisted of the following:
September 30, 2023December 31, 2022
(in millions)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Indefinite-lived intangible assets
$11,443 $— $11,443 $— 
Definite-lived intangible assets
2,841 557 1,411 470 
Total other intangible assets$14,284 $557 $12,854 $470