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Intangible Assets and Goodwill (Tables) | 9 Months Ended
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Oct. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill |
(Dollars in Millions) |  | October 3, 2021 |  | January 3, 2021
Intangible assets with definite lives: |  |  |  |
Patents and trademarks — gross |  | $ | 39,176 |  |  | 39,990 |
Less accumulated amortization |  | (19,569) |  |  | (17,618) |
Patents and trademarks — net |  | 19,607 |  |  | 22,372 |
Customer relationships and other intangibles — gross |  | 22,950 |  |  | 22,898 |
Less accumulated amortization |  | (11,637) |  |  | (10,912) |
Customer relationships and other intangibles — net* |  | 11,313 |  |  | 11,986 |
Intangible assets with indefinite lives: |  |  |  |
Trademarks |  | 7,013 |  |  | 7,195 |
Purchased in-process research and development (1) |  | 9,843 |  |  | 11,849 |
Total intangible assets with indefinite lives |  | 16,856 |  |  | 19,044 |
Total intangible assets — net |  | $ | 47,776 |  |  | 53,402 |
*The majority is comprised of customer relationships (1)In the fiscal third quarter of 2021, the Company recorded a partial IPR&D impairment charge of $0.9 billion primarily related to expected development delays in the general surgery digital robotics platform (Ottava) acquired with the Auris Health acquisition in 2019. The impairment charge was calculated based on revisions to the discounted cash flow valuation model reflecting a delay of first in human procedures of approximately two years from the initial acquisition model assumption of the second half of 2022. The remaining reduction was driven by assets that reached commercialization and are now classified as having definite lives.
Goodwill | Goodwill as of October 3, 2021 was allocated by segment of business as follows:
(Dollars in Millions) |  | Consumer Health |  | Pharmaceutical |  | Medical Devices |  | Total
Goodwill at January 3, 2021 |  | $ | 10,336 |  |  | 11,009 |  |  | 15,048 |  |  | 36,393 |
Goodwill, related to acquisitions |  | — |  |  | — |  |  | — |  |  | — |
Goodwill, related to divestitures |  | (7) |  |  | — |  |  | — |  |  | (7) |
Currency translation/Other |  | (347) |  |  | (283) |  |  | (187) |  |  | (817) |
Goodwill at October 3, 2021 |  | $ | 9,982 |  |  | 10,726 |  |  | 14,861 |  |  | 35,569 |
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
$4,700 |  | 4,500 |  | 4,500 |  | 4,300 |  | 3,600

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