Identifiable Intangible Assets and Goodwill (Tables)

9 Months Ended

Oct. 02, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table provides the components of Identifiable intangible assets:
	October 2, 2016							December 31, 2015
(MILLIONS OF DOLLARS)	Gross Carrying Amount		Accumulated Amortization			Identifiable Intangible Assets, less Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization			Identifiable Intangible Assets, less Accumulated Amortization
Finite-lived intangible assets
Developed technology rights	$	83,935	$	(49,105	)	$	34,830	$	77,613	$	(47,193	)	$	30,419
Brands	2,117		(1,013		)	1,104		1,973		(928		)	1,044
Licensing agreements and other	1,801		(985		)	816		1,619		(918		)	701
	87,854		(51,103		)	36,750		81,205		(49,040		)	32,165
Indefinite-lived intangible assets
Brands and other	6,918					6,918		7,021					7,021
In-process research and development	10,569					10,569		1,171					1,171
	17,487					17,487		8,192					8,192
Identifiable intangible assets(a)	$	105,341	$	(51,103	)	$	54,238	$	89,396	$	(49,040	)	$	40,356

^(a)  The increase in Identifiable intangible assets, less accumulated amortization, is primarily related to assets acquired as part of the acquisitions of Medivation, Anacor and Bamboo (see Note 2A), the impact of foreign exchange and the impact of measurement period adjustments related to our acquisition of Hospira (see Note 2A), partially offset by amortization, impairments and the reclassification of $1.3 billion to Assets held for sale during the third quarter of 2016 (see Note 2B). For information about impairments, see Note 4.

Schedule of Indefinite Lived Intangible Assets

The following table provides the components of Identifiable intangible assets:
	October 2, 2016							December 31, 2015
(MILLIONS OF DOLLARS)	Gross Carrying Amount		Accumulated Amortization			Identifiable Intangible Assets, less Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization			Identifiable Intangible Assets, less Accumulated Amortization
Finite-lived intangible assets
Developed technology rights	$	83,935	$	(49,105	)	$	34,830	$	77,613	$	(47,193	)	$	30,419
Brands	2,117		(1,013		)	1,104		1,973		(928		)	1,044
Licensing agreements and other	1,801		(985		)	816		1,619		(918		)	701
	87,854		(51,103		)	36,750		81,205		(49,040		)	32,165
Indefinite-lived intangible assets
Brands and other	6,918					6,918		7,021					7,021
In-process research and development	10,569					10,569		1,171					1,171
	17,487					17,487		8,192					8,192
Identifiable intangible assets(a)	$	105,341	$	(51,103	)	$	54,238	$	89,396	$	(49,040	)	$	40,356

^(a)  The increase in Identifiable intangible assets, less accumulated amortization, is primarily related to assets acquired as part of the acquisitions of Medivation, Anacor and Bamboo (see Note 2A), the impact of foreign exchange and the impact of measurement period adjustments related to our acquisition of Hospira (see Note 2A), partially offset by amortization, impairments and the reclassification of $1.3 billion to Assets held for sale during the third quarter of 2016 (see Note 2B). For information about impairments, see Note 4.

Identifiable Intangible Assets as a Percentage of Total Identifiable Intangible Assets Less Accumulated Amortization, By Segment

Our identifiable intangible assets are associated with the following, as a percentage of total identifiable intangible assets, less accumulated amortization:
	October 2, 2016
	IH		EH		WRD
Developed technology rights	64	%	35	%	—	%
Brands, finite-lived	74	%	26	%	—	%
Brands, indefinite-lived	71	%	29	%	—	%
In-process research and development	92	%	5	%	3	%

Schedule of Goodwill

The following table provides the components of and changes in the carrying amount of Goodwill:
(MILLIONS OF DOLLARS)	IH		EH		Total
Balance, December 31, 2015	$	23,809	$	24,433	$	48,242
Additions(a)	7,403		12		7,415
Other(b)	494		130		624
Balance, October 2, 2016	$	31,706	$	24,575	$	56,281

^(a)  IH additions primarily relate to our acquisitions of Medivation, Anacor and Bamboo and are subject to change until we complete the valuations of assets acquired and liabilities assumed from Medivation, Anacor and Bamboo (see Note 2A).

^(b)  Primarily reflects the impact of foreign exchange and, with respect to EH, the impact of the reclassification of $243 million to Assets held for sale during the third quarter of 2016 (see Note 2B).