XML 45 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900
Significant Accounting Policies Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Significant Accounting Policies [Abstract]  
Schedule of Product Warranty Liability [Table Text Block]
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Beginning balance
 
$
25

 
$
28

 
$
26

Provision
 
15

 
9

 
12

Settlements/ reversals
 
(17
)
 
(12
)
 
(10
)
Ending balance
 
$
23

 
$
25

 
$
28

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
 
 
As of December 31, 2015
 
As of December 31, 2014
(in millions)
 
Projected
Benefit
Obligation (PBO)
 
Fair value of Plan Assets
 
Underfunded
PBO Recognized
 
Projected
Benefit
Obligation (PBO)
 
Fair value of Plan Assets
 
Underfunded
PBO Recognized
Executive Retirement Plan
 
$
14

 
$

 
$
14

 
$
13

 
$

 
$
13

Guidant Retirement Plan (frozen)
 

 

 

 
148

 
140

 
8

Guidant Supplemental Retirement Plan (frozen)
 
33

 

 
33

 
34

 

 
34

International Retirement Plans
 
84

 
52

 
32

 
90

 
51

 
39

 
 
$
131

 
$
52

 
$
79

 
$
285

 
$
191

 
$
94

Schedule of Defined Benefit Plans Disclosures [Table Text Block]
 
 
 
Expected Return
on Plan Assets
 
Rate of
 
Discount
Rate
 
 
Compensation
Increase
Executive Retirement Plan
3.75%
 
 
 
3.00%
Guidant Supplemental Retirement Plan (frozen)
4.25%
 
 
 
 
International Retirement Plans
1.00% - 2.20%
 
3.00% - 4.10%
 
3.00% - 6.78%
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
Beginning fair value
 
$
191

 
$
166

Actual return on plan assets
 
1

 
26

Employer contributions
 
6

 
16

Benefits paid
 
(145
)
 
(11
)
Net transfers in (out)
 

 

Foreign currency exchange
 
(1
)
 
(6
)
Ending fair value
 
$
52

 
$
191