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Acquisitions and Divestitures (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure Text Block Supplement [Abstract] |
Allocation of purchase price | The following table shows the impact on the consolidated balance sheet of the purchase price allocations related to the 2019 acquisitions and assigned finite-lived asset weighted average lives.
|  | 2019 Acquisition Activity
(Millions) Asset (Liability) |  | M*Modal |  | Acelity |  | Total |  | Finite-Lived Intangible-Asset Weighted-Average Lives (Years)
Accounts receivable |  | $ | 75 |  |  | $ | 295 |  |  | $ | 370 |  |  |
Inventory |  | — |  |  | 186 |  |  | 186 |  |  |
Other current assets |  | 2 |  |  | 65 |  |  | 67 |  |  |
Property, plant, and equipment |  | 8 |  |  | 147 |  |  | 155 |  |  |
Purchased finite-lived intangible assets: |  |  |  |  |  |  |  |
Customer related intangible assets |  | 275 |  |  | 1,760 |  |  | 2,035 |  |  | 18
Other technology-based intangible assets |  | 160 |  |  | 1,390 |  |  | 1,550 |  |  | 10
Definite-lived tradenames |  | 11 |  |  | 485 |  |  | 496 |  |  | 16
Purchased goodwill |  | 517 |  |  | 2,952 |  |  | 3,469 |  |  |
Other assets |  | 58 |  |  | 73 |  |  | 131 |  |  |
Accounts payable and other liabilities |  | (127) |  |  | (438) |  |  | (565) |  |  |
Interest bearing debt |  | (251) |  |  | (2,322) |  |  | (2,573) |  |  |
Deferred tax asset/(liability) and accrued income taxes |  | (24) |  |  | (288) |  |  | (312) |  |  |
Net assets acquired |  | $ | 704 |  |  | $ | 4,305 |  |  | $ | 5,009 |  |  |
Supplemental information: |  |  |  |  |  |  |  |
Cash paid |  | $ | 708 |  |  | $ | 4,486 |  |  | $ | 5,194 |  |  |
Less: Cash acquired |  | 4 |  |  | 206 |  |  | 210 |  |  |
Cash paid, net of cash acquired |  | $ | 704 |  |  | $ | 4,280 |  |  | $ | 4,984 |  |  |
Consideration payable |  | — |  |  | 25 |  |  | 25 |  |  |
Cash paid and consideration payable, net of cash acquired |  | $ | 704 |  |  | $ | 4,305 |  |  | $ | 5,009 |  |  |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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