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Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
 
 
As of December 31, 2015
 
As of December 31, 2014
 
 
Gross Carrying
 
Accumulated
Amortization/
 
Gross Carrying
 
Accumulated
Amortization/
(in millions)
 
Amount
 
Write-offs
 
Amount
 
Write-offs
Amortizable intangible assets
 
 
 
 
 
 
 
 
Technology-related
 
$
8,948

 
$
(4,054
)
 
$
8,406

 
$
(3,697
)
Patents
 
520

 
(358
)
 
519

 
(342
)
Other intangible assets
 
1,529

 
(610
)
 
875

 
(533
)
 
 
$
10,997

 
$
(5,022
)
 
$
9,800

 
$
(4,572
)
Unamortizable intangible assets
 
 
 
 
 
 
 
 
Goodwill
 
$
16,373

 
$
(9,900
)
 
$
15,798

 
$
(9,900
)
In-process research and development (IPR&D)
 
99

 
 
 
181

 
 
Technology-related
 
120

 

 
197

 

 
 
$
16,592

 
$
(9,900
)
 
$
16,176

 
$
(9,900
)
Schedule of Goodwill [Table Text Block]
The following represents our goodwill balance by global reportable segment:
(in millions)
 
Cardiovascular
 
Rhythm Management
 
MedSurg
 
Total
Balance as of December 31, 2013
 
$
3,252

 
$
294

 
$
2,147

 
$
5,693

Purchase price adjustments
 
(2
)
 
(4
)
 
(2
)
 
(8
)
Goodwill acquired
 
169

 

 
44

 
213

Other changes in carrying amount*
 
7

 
$

 
(7
)
 

Balance as of December 31, 2014
 
$
3,426

 
$
290

 
$
2,182

 
$
5,898

Purchase price adjustments
 
2

 
2

 
(2
)
 
2

Goodwill acquired
 
23

 

 
550

 
573

Balance as of December 31, 2015
 
$
3,451

 
$
292

 
$
2,730

 
$
6,473

Asset Impairment Charges [Text Block]
The following is a rollforward of accumulated goodwill write-offs by global reportable segment:
(in millions)
 
Cardiovascular
 
Rhythm Management
 
MedSurg
 
Total
Accumulated write-offs as of December 31, 2013
 
$
(1,479
)
 
$
(6,960
)
 
$
(1,461
)
 
$
(9,900
)
Goodwill written off
 

 

 

 

Accumulated write-offs as of December 31, 2014
 
$
(1,479
)
 
$
(6,960
)
 
(1,461
)
 
$
(9,900
)
Goodwill written off
 

 

 

 

Accumulated write-offs as of December 31, 2015
 
$
(1,479
)
 
$
(6,960
)
 
$
(1,461
)
 
$
(9,900
)
Description of unobservable inputs used in Level 3 fair value measurements [Table Text Block]
The recurring Level 3 fair value measurements of our contingent consideration liability include the following significant unobservable inputs:

Contingent Consideration Liability
Fair Value as of December 31, 2015
Valuation Technique
Unobservable Input
Range
R&D and Commercialization-based Milestone
$19 million
Discounted Cash Flow
Discount Rate
2% - 3.5%
Probability of Payment
32% - 95%
Projected Year of Payment
2017 - 2021
Revenue-based Payments
$125 million
Discounted Cash Flow
Discount Rate
11% - 15%
Projected Year of Payment
2016 - 2022
$102 million
Monte Carlo
Revenue Volatility
15%
Risk Free Rate
LIBOR Term Structure
Projected Year of Payment
2016 - 2018
The nonrecurring Level 3 fair value measurements of our intangible asset impairment analysis included the following significant unobservable inputs:

Intangible Asset
Valuation Date
Fair Value
Valuation Technique
Unobservable Input
Rate
Technology-related (amortizable)
September 30, 2015
$8 million
Income Approach -Excess Earnings Method
Discount Rate
10%
In-Process R&D
June 30, 2015
$6 million
Income Approach - Excess Earnings Method
Discount Rate
 16.5 - 20%
In-Process R&D
September 30, 2014
$16 million
Income Approach - Excess Earnings Method
Discount Rate
 16.5 - 20%
In-Process R&D
June 30, 2014
$83 million
Income Approach - Excess Earnings Method
Discount Rate
 16.5 - 20%
Technology-related (amortizable)

June 30, 2014
$8 million
Income Approach - Excess Earnings Method
Discount Rate
15%
In-Process R&D
March 31, 2014
$6 million
Income Approach - Excess Earnings Method
Discount Rate
20%
Technology-related (amortizable)
March 31, 2014
$64 million
Income Approach - Excess Earnings Method
Discount Rate
15%
In-Process R&D
June 30, 2013
$178 million
Income Approach - Excess Earnings Method
Discount Rate
16.5%
Schedule of Impaired Intangible Assets [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Technology-related (amortizable)
 
$
9

 
$
107

 
$

In-process research and development
 
10

 
88

 
53

 
 
$
19

 
195

 
$
53

Schedule of Expected Amortization Expense [Table Text Block]
 
 
 
 
 
Estimated Amortization Expense
Fiscal Year
 
(in millions)
 
2016
 
$
536

2017
 
520

2018
 
517

2019
 
513

2020
 
510