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Intangible Assets and Goodwill (Tables)
3 Months Ended
Apr. 01, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
(Dollars in Millions)
 
April 1, 2018
 
December 31, 2017
Intangible assets with definite lives:
 
 
 
 
Patents and trademarks — gross
 
$
35,980

 
36,427

Less accumulated amortization
 
7,594

 
7,223

Patents and trademarks — net (1)
 
28,386

 
29,204

Customer relationships and other intangibles — gross
 
21,141

 
20,204

Less accumulated amortization
 
7,748

 
7,463

Customer relationships and other intangibles — net
 
13,393

 
12,741

Intangible assets with indefinite lives:
 
 
 
 
Trademarks
 
7,113

 
7,082

Purchased in-process research and development
 
3,473

 
4,201

Total intangible assets with indefinite lives
 
10,586

 
11,283

Total intangible assets — net
 
$
52,365

 
53,228


(1) Net of approximately $0.6 billion classified as assets held for sale on the Consolidated Balance Sheet. $0.5 billion is related to the divestiture of Valchlor and $0.1 billion is related to the divestiture of the LifeScan business, both of which were pending as of April 1, 2018.
Goodwill
Goodwill as of April 1, 2018 was allocated by segment of business as follows:
(Dollars in Millions)
 
Consumer
 
Pharm
 
Med Devices
 
Total
Goodwill, net at December 31, 2017
 
$
8,875

 
9,109

 
13,922

 
31,906

Goodwill, related to acquisitions
 

 

 
53

 
53

Goodwill, related to divestitures
 

 

 

 

Currency translation/Other
 
24

 
147

 
(981
)
(1)
(810
)
Goodwill, net at April 1, 2018
 
$
8,899

 
9,256

 
12,994

 
31,149


(1) Net of approximately $1.0 billion classified as assets held for sale on the Consolidated Balance Sheet, related to the divestiture of the LifeScan business which was pending as of April 1, 2018.