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Goodwill and Other Intangible Assets Goodwill (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
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 liabilities include the following significant unobservable inputs:
Contingent Consideration Liabilities
Fair Value as of September 30, 2017
Valuation Technique
Unobservable Input
Range
R&D and Commercialization-based Milestones
$31 million
Discounted Cash Flow
Discount Rate
2%
Projected Year of Payment
2018 - 2021
Revenue-based Payments
$50 million
Discounted Cash Flow
Discount Rate
11% - 15%
Projected Year of Payment
2017 - 2026
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, 2016
$
3,513

 
$
290

 
$
2,875

 
$
6,678

Impact of foreign currency fluctuations and other changes in carrying amount

11

 
1

 
1

 
13

Goodwill acquired
191

 

 

 
191

Balance as of September 30, 2017
$
3,715

 
$
291

 
$
2,876

 
$
6,882

The gross carrying amount of goodwill and other intangible assets and the related accumulated amortization for intangible assets subject to amortization and accumulated write-offs of goodwill are as follows:
 
As of
 
September 30, 2017
 
December 31, 2016
 
Gross Carrying
 
Accumulated
Amortization/
 
Gross
Carrying
 
Accumulated
Amortization/
(in millions)
Amount
 
Write-offs
 
Amount
 
Write-offs
Amortizable intangible assets
 
 
 
 
 
 
 
Technology-related
$
9,388

 
$
(4,774
)
 
$
9,123

 
$
(4,468
)
Patents
514

 
(375
)
 
529

 
(374
)
Other intangible assets
1,625

 
(807
)
 
1,583

 
(722
)
 
$
11,527

 
$
(5,956
)
 
$
11,235

 
$
(5,564
)
Unamortizable intangible assets
 
 
 
 
 
 
 
Goodwill
$
16,782

 
$
(9,900
)
 
$
16,578

 
$
(9,900
)
In-process research and development (IPR&D)
92

 

 
92

 

Technology-related
120

 

 
120

 

 
$
16,994

 
$
(9,900
)
 
$
16,790

 
$
(9,900
)
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, 2016
$
(1,479
)
 
$
(6,960
)
 
$
(1,461
)
 
$
(9,900
)
Goodwill written off

 

 

 

Accumulated write-offs as of September 30, 2017
$
(1,479
)
 
$
(6,960
)
 
$
(1,461
)
 
$
(9,900
)