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Intangible Assets and Goodwill (Tables)
 9 Months Ended
Oct. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill
(Dollars in Millions)October 1, 2023January 1, 2023
Intangible assets with definite lives:  
Patents and trademarks — gross$39,284 39,388 
Less accumulated amortization(23,052)(20,616)
Patents and trademarks — net16,232 18,772 
Customer relationships and other intangibles — gross19,844 19,764 
Less accumulated amortization(12,159)(11,363)
Customer relationships and other intangibles — net(1)
7,685 8,401 
Intangible assets with indefinite lives:  
Trademarks1,640 1,630 
Purchased in-process research and development9,464 9,686 
Total intangible assets with indefinite lives11,104 11,316 
Total intangible assets — net$35,021 38,489 
(1)The majority is comprised of customer relationships
Goodwill
Goodwill as of October 1, 2023 was allocated by segment of business as follows:
(Dollars in Millions)Innovative MedicineMedTechTotal
Goodwill at January 1, 2023
$10,184 25,863 36,047 
Goodwill, related to acquisitions— — — 
Goodwill, related to divestitures— — — 
Currency translation/Other(35)112 *77 
Goodwill at October 1, 2023
$10,149 25,975 36,124 
*Includes purchase price allocation adjustment for Abiomed
Intangible Asset Amortization Expense
The estimated amortization expense for approved products from continuing operations, before tax, for the five succeeding years is approximately:
(Dollars in Millions)
20232024202520262027
$4,5004,3003,5002,9002,300