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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jul. 02, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
(Dollars in Millions)
 
July 2, 2017
 
January 1, 2017
Intangible assets with definite lives:
 
 
 
 
Patents and trademarks — gross
 
$
35,804

 
10,521

Less accumulated amortization
 
5,546

 
5,076

Patents and trademarks — net
 
30,258

 
5,445

Customer relationships and other intangibles — gross
 
20,048

 
17,615

Less accumulated amortization
 
7,053

 
6,515

Customer relationships and other intangibles — net
 
12,995

 
11,100

Intangible assets with indefinite lives:
 
 
 
 
Trademarks
 
7,069

 
6,888

Purchased in-process research and development
 
4,620

 
3,443

Total intangible assets with indefinite lives
 
11,689

 
10,331

Total intangible assets — net
 
$
54,942

 
26,876

Goodwill
Goodwill as of July 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*
 
11

 
5,986

 
2,081

 
8,078

Goodwill, related to divestitures
 
(13
)
 

 

 
(13
)
Currency translation/Other
 
369

 
64

 
(69
)
(1)
364

Goodwill, net at July 2, 2017
 
$
8,630

 
8,890

 
13,714

 
31,234


(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 July 2, 2017.
* Includes measurement period adjustments