GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

The following table shows the carrying amount of goodwill:



Goodwill
In millions
Net goodwill at Dec 31, 2017	$	13,938
Foreign currency impact	109
Net goodwill at Mar 31, 2018	$	14,047

The following table provides information regarding the Company’s other intangible assets:



Other Intangible Assets	Mar 31, 2018							Dec 31, 2017
In millions	Gross Carrying Amount		Accum Amort			Net		Gross Carrying Amount		Accum Amort			Net
Intangible assets with finite lives:
Developed technology	$	3,258	$	(1,741	)	$	1,517	$	3,263	$	(1,690	)	$	1,573
Software	1,468		(815		)	653		1,420		(780		)	640
Trademarks/tradenames	692		(581		)	111		697		(570		)	127
Customer-related	5,079		(2,021		)	3,058		5,035		(1,965		)	3,070
Other	244		(160		)	84		245		(156		)	89
Total other intangible assets, finite lives	$	10,741	$	(5,318	)	$	5,423	$	10,660	$	(5,161	)	$	5,499
In-process research and development	50		—			50		50		—			50
Total other intangible assets	$	10,791	$	(5,318	)	$	5,473	$	10,710	$	(5,161	)	$	5,549

The following table provides information regarding amortization expense related to other intangible assets:



Amortization Expense	Three Months Ended
In millions	Mar 31, 2018		Mar 31, 2017
Other intangible assets, excluding software	$	159	$	155
Software, included in “Cost of sales”	$	23	$	20

Total estimated amortization expense for 2018 and the five succeeding fiscal years is as follows:



Estimated Amortization Expense
In millions
2018	$	723
2019	$	675
2020	$	637
2021	$	604
2022	$	531
2023	$	505

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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