XML 52 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions and Strategic Investments (Tables)
3 Months Ended
Mar. 31, 2018
Business Acquisition [Line Items]  
Investment [Table Text Block]
The aggregate carrying amount of our strategic investments were comprised of the following categories:


 
As of
(in millions)
 
March 31, 2018
 
December 31, 2017
Equity method investments
 
$
304

 
$
209

Measurement alternative investments
 
84

 
81

Publicly-held securities
 
12

 
15

Notes receivable
 
43

 
47

 
 
$
442

 
$
353

Rollforward of Fair Value of Contingent Consideration [Table Text Block]
Changes in the fair value of our contingent consideration liabilities were as follows (in millions):
Balance as of December 31, 2017
$
169

Amounts recorded related to prior acquisitions
(22
)
Fair value adjustment
5

Balance as of March 31, 2018
$
152

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 March 31, 2018
Valuation Technique
Unobservable Input
Range
R&D and Commercialization-based Milestones
$105 million
Discounted Cash Flow
Discount Rate
3%
Probability of Payment
17% - 100%
Projected Year of Payment
2018 - 2022
Revenue-based Payments
$48 million
Discounted Cash Flow
Discount Rate
11% - 15%
Projected Year of Payment
2018 - 2026