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Acquisitions and Strategic Investments (Tables)
12 Months Ended
Dec. 31, 2021
Business Acquisition [Line Items]  
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
We allocated a portion of the preliminary purchase price to the specific intangible asset categories as follows:
Amount Assigned
(in millions)
Weighted Average Amortization Period
(in years)
Risk-Adjusted Discount
Rates used in Purchase Price Allocation
Preventice:
Amortizable intangible assets:
Technology-related$215 910%
Other intangible assets22 810%
$237 
Lumenis:
Amortizable intangible assets:
Technology-related$388 1211%
Other intangible assets35 1111%
Indefinite-lived intangible assets:
In-process research and development (IPR&D)69 N/A12%
$492 
All Other:
Amortizable intangible assets:
Technology-related$465 1216%-17%
Indefinite-lived intangible assets:
In-process research and development (IPR&D)43 N/A17%
$508 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Changes in the fair value of our contingent consideration liability were as follows:
(in millions)
Balance as of December 31, 2019$354 
Contingent consideration net expense (benefit)(100)
Contingent consideration payments(58)
Balance as of December 31, 2020$196 
Amount recorded related to current year acquisitions440 
Contingent consideration net expense (benefit)(136)
Contingent consideration payments(15)
Balance as of December 31, 2021$486 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
The recurring Level 3 fair value measurements of our contingent consideration liability that we expect to be required to settle include the following significant unobservable inputs:
Contingent Consideration LiabilityFair Value as of December 31, 2021Valuation TechniqueUnobservable InputRange
Weighted Average(1)
R&D, Regulatory and Commercialization-based Milestones$143 millionDiscounted Cash FlowDiscount Rate1%2%1%
Probability of Payment80%95%92%
Projected Year of Payment202220242023
Revenue-based Payments$343 millionDiscounted Cash FlowDiscount Rate%-14%6%
Probability of Payment100 %-100%100%
Projected Year of Payment2021-20242022
(1)    Unobservable inputs were weighted by the relative fair value of the contingent consideration liability. For projected year of payment, the amount represents the median of the inputs and is not a weighted average.
Investment [Table Text Block]
The aggregate carrying amount of our strategic investments was comprised of the following:
As of December 31,
(in millions)20212020
Equity method investments$259 $319 
Measurement alternative investments(1)
142 183 
Publicly-held securities(2)
10 414 
Notes receivable— 
$412 $918 
(1)    Measurement alternative investments are privately-held equity securities without readily determinable fair values that are measured at cost less impairment, if any, adjusted to fair value for any observable price changes in orderly transactions for the identical or a similar investment of the same issuer, recognized in Other, net within our accompanying consolidated statements of operations.
(2)    Publicly-held equity securities are measured at fair value with changes in fair value recognized in Other, net within our consolidated statements of operations.
BTG Acquisition [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block] The final purchase price was comprised of the following components:
(in millions)
Payment for acquisition, net of cash acquired$3,619 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] The final purchase price allocation was comprised of the following components:
(in millions)
Goodwill$1,635 
Trade accounts receivable, net108 
Inventories232 
Other current assets252 
Other intangible assets, net1,785 
Other long-term assets538 
Accrued expenses and other current liabilities(308)
Other long-term liabilities(274)
Deferred tax liability(349)
$3,619 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] We allocated a portion of the purchase price to the specific intangible asset categories as follows:
Amount Assigned
(in millions)
Amortization Period
(in years)
Risk-Adjusted Discount
Rates used in Purchase Price Allocation
Amortizable intangible assets:
Technology-related$1,709 10-1811 %-12%
Other intangible assets75 2-1111%
$1,785 
2019 Acquisitions (Vertiflex and Millipede)  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block] The final purchase prices were comprised of the following components:
(in millions)
Payments for acquisitions, net of cash acquired$763 
Fair value of contingent consideration127 
Fair value of prior interests102 
$992 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The final combined purchase price allocation was comprised of the following components:
(in millions)
Goodwill$577 
Amortizable intangible assets220 
Indefinite-lived intangible assets240 
Other assets acquired24 
Liabilities assumed(12)
Net deferred tax liabilities(58)
$992 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] We allocated a portion of the combined purchase price to the specific intangible asset categories as follows:
Amount Assigned
(in millions)
Amortization Period
(in years)
Risk-Adjusted Discount
Rates used in Purchase Price Allocation
Amortizable intangible assets:
Technology-related$210 1215%
Other intangible assets10 1215%
Indefinite-lived intangible assets:
In-process research and development240 N/A19%
$461 
2021 Acquisitions  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block] The final determination of the fair value of certain assets and liabilities will be completed within the measurement period in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805, Business Combinations.
(in millions)PreventiceLumenisAll OtherTotal
Payment for acquisition, net of cash acquired$706 $1,032 $519 $2,258 
Fair value of contingent consideration221 — 218 440 
Fair value of prior interest269 — 287 556 
$1,197 $1,032 $1,025 $3,254 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The preliminary purchase price allocation for these acquisitions was comprised of the following components:
(in millions)PreventiceLumenisAll OtherTotal
Goodwill$926 $544 $594 $2,064 
Amortizable intangible assets237 423 465 1,125 
Indefinite-lived intangible assets— 69 43 112 
Other assets acquired65 115 190 
Liabilities assumed(32)(101)(11)(144)
Net deferred tax liabilities— (18)(75)(93)
$1,197 $1,032 $1,025 $3,254