Rendering

Component: (Network and Table)
Network
2307301 - Disclosure - Goodwill and Intangible Assets (Tables)
(http://www.abbvie.com/role/GoodwillAndIntangibleAssetsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Goodwill and Intangible Assets Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Goodwill and Intangible Assets Disclosure [Abstract]
 
Summary of changes in the carrying amount of the entity's goodwill
The following table summarizes the changes in the carrying amount of goodwill:
(in millions)
 
Balance as of December 31, 2014
$
5,862

Additions (see Note 5)
7,610

Foreign currency translation and other adjustments
(304
)
Balance as of December 31, 2015
13,168

Additions (see Note 5)
2,360

Foreign currency translation and other adjustments
(112
)
Balance as of December 31, 2016
$
15,416

 
 
Schedule of definite-lived intangible assets
The following table summarizes intangible assets:
 
2016
 
2015
as of December 31 (in millions)
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
 
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
Definite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
Developed product rights
$
16,464

 
$
(4,256
)
 
$
12,208

 
$
9,103

 
$
(3,944
)
 
$
5,159

License agreements
7,809

 
(1,110
)
 
6,699

 
8,000

 
(1,023
)
 
6,977

Total definite-lived intangible assets
24,273

 
(5,366
)
 
18,907

 
17,103

 
(4,967
)
 
12,136

Indefinite-lived research and development
9,990

 

 
9,990

 
7,573

 

 
7,573

Total intangible assets, net
$
34,263

 
$
(5,366
)
 
$
28,897

 
$
24,676

 
$
(4,967
)
 
$
19,709

 
 
Schedule of indefinite-lived intangible assets
The following table summarizes intangible assets:
 
2016
 
2015
as of December 31 (in millions)
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
 
Gross
 carrying
 amount
 
Accumulated
 amortization
 
Net
 carrying
 amount
Definite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
Developed product rights
$
16,464

 
$
(4,256
)
 
$
12,208

 
$
9,103

 
$
(3,944
)
 
$
5,159

License agreements
7,809

 
(1,110
)
 
6,699

 
8,000

 
(1,023
)
 
6,977

Total definite-lived intangible assets
24,273

 
(5,366
)
 
18,907

 
17,103

 
(4,967
)
 
12,136

Indefinite-lived research and development
9,990

 

 
9,990

 
7,573

 

 
7,573

Total intangible assets, net
$
34,263

 
$
(5,366
)
 
$
28,897

 
$
24,676

 
$
(4,967
)
 
$
19,709

 
 
Summary of anticipated annual amortization expense
The anticipated annual amortization expense for definite lived intangible assets recorded as of December 31, 2016 is as follows:
(in billions)
2017
 
2018
 
2019
 
2020
 
2021
Anticipated annual amortization expense
$
1.1

 
$
1.3

 
$
1.6

 
$
1.8

 
$
2.0