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Intangible Assets and Goodwill (Tables) | 12 Months Ended
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Jan. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | At the end of fiscal years 2020 and 2019, the gross and net amounts of intangible assets were:
(Dollars in Millions) |  | 2020 |  | 2019
Intangible assets with definite lives: |  |  |  |
Patents and trademarks — gross |  | $ | 39,990 |  |  | 36,634 |
Less accumulated amortization |  | 17,618 |  |  | 13,154 |
Patents and trademarks — net |  | $ | 22,372 |  |  | 23,480 |
Customer relationships and other intangibles — gross |  | $ | 22,898 |  |  | 22,056 |
Less accumulated amortization |  | 10,912 |  |  | 9,462 |
Customer relationships and other intangibles — net* |  | $ | 11,986 |  |  | 12,594 |
Intangible assets with indefinite lives: |  |  |  |
Trademarks |  | $ | 7,195 |  |  | 6,922 |
Purchased in-process research and development(1) |  | 11,849 |  |  | 4,647 |
Total intangible assets with indefinite lives |  | $ | 19,044 |  |  | 11,569 |
Total intangible assets — net |  | $ | 53,402 |  |  | 47,643 |
*The majority is comprised of customer relationships (1) In fiscal year 2020, the Company completed multiple acquisitions and recorded in-process research and development intangible assets of $6.0 billion from Momenta Pharmaceuticals, Inc., $0.8 billion for bermekimab and certain related assets from XBiotech, Inc., and $0.4 billion from the acquisition of all outstanding shares in Verb Surgical, Inc.
Goodwill | Goodwill as of January 3, 2021 and December 29, 2019, as allocated by segment of business, was as follows:
(Dollars in Millions) |  | Consumer Health |  | Pharmaceutical |  | Medical Devices |  | Total
Goodwill at December 30, 2018 |  | $ | 8,670 |  |  | 9,063 |  |  | 12,720 |  |  | 30,453 |
Goodwill, related to acquisitions |  | 1,188 |  |  | 75 |  |  | 2,018 |  |  | 3,281 |
Currency translation/other |  | (122) |  |  | 31 |  |  | (4) |  |  | (95) |
Goodwill at December 29, 2019 |  | $ | 9,736 |  |  | 9,169 |  |  | 14,734 |  |  | 33,639 |
Goodwill, related to acquisitions |  | — |  |  | 1,222 |  |  | 238 |  |  | 1,460 |
Currency translation/other |  | 600 |  |  | 618 |  |  | 76 |  |  | 1,294 |
Goodwill at January 3, 2021 |  | $ | 10,336 |  |  | 11,009 |  |  | 15,048 |  |  | 36,393 |
Intangible Asset Amortization Expense | The estimated amortization expense for approved products, before tax, for the five succeeding years is approximately:
(Dollars in Millions) |  |  |  |  |  |
2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025
$4,600 |  | 4,200 |  | 4,100 |  | 3,900 |  | 3,200

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