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Intangible Assets and Goodwill (Tables)
3 Months Ended
Apr. 02, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
(Dollars in Millions)
 
April 2, 2017
 
January 1, 2017
Intangible assets with definite lives:
 
 
 
 
Patents and trademarks — gross
 
$
11,311

 
10,521

Less accumulated amortization
 
5,226

 
5,076

Patents and trademarks — net
 
6,085

 
5,445

Customer relationships and other intangibles — gross
 
19,653

 
17,615

Less accumulated amortization
 
6,741

 
6,515

Customer relationships and other intangibles — net
 
12,912

 
11,100

Intangible assets with indefinite lives:
 
 
 
 
Trademarks
 
6,957

 
6,888

Purchased in-process research and development
 
3,512

 
3,443

Total intangible assets with indefinite lives
 
10,469

 
10,331

Total intangible assets — net
 
$
29,466

 
26,876

Goodwill
Goodwill as of April 2, 2017 was allocated by segment of business as follows:
(Dollars in Millions)
 
Consumer
 
Pharm
 
Med Devices
 
Total
Goodwill, net at January 1, 2017
 
$
8,263

 
2,840

 
11,702

 
22,805

Goodwill, related to acquisitions
 
10

 

 
2,040

 
2,050

Currency translation/Other
 
71

 
14

 
(96
)
(1)
(11
)
Goodwill, net at April 2, 2017
 
$
8,344

 
2,854

 
13,646

 
24,844


(1) Net of $106 million classified as held for sale, reported in other assets on the Consolidated Balance Sheet, related to the divestiture of the Codman Neurosurgery business which was pending as of April 2, 2017.