Goodwill and Other Intangibles

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

We completed our annual impairment tests of goodwill in 2016 and 2015 and concluded in each year that no impairments exist.



Summary of Other Intangible Assets
	Weighted Average Amortization Period (Years)	Gross Carrying Amount		Less Accumulated Amortization		Net Carrying Amount
Developed technologies
2016	14	$	2,091	$	706	$	1,385
2015	13	1,597		563		1,034
Customer relationships
2016	15	$	2,049	$	407	$	1,642
2015	15	788		290		498
Patents
2016	11	$	317	$	206	$	111
2015	11	309		191		118
Trademarks
2016	18	$	348	$	59	$	289
2015	10	109		41		68
In-process research and development
2016		$	30	$	—	$	30
2015		25		—		25
Other
2016	12	$	115	$	64	$	51
2015	13	108		57		51
Total
2016	15	$	4,950	$	1,442	$	3,508
2015	13	$	2,936	$	1,142	$	1,794



Changes in the Net Carrying Value of Goodwill by Segment
	Orthopaedics			MedSurg			Neurotechnology and Spine			Total
2014	$	2,386		$	726		$	1,074		$	4,186
Additions and adjustments	20			46			—			66
Foreign exchange	(62		)	10			(64		)	(116		)
2015	$	2,344		$	782		$	1,010		$	4,136
Additions and adjustments	72			2,196			62			2,330
Foreign exchange	(44		)	(44		)	(22		)	(110		)
2016	$	2,372		$	2,934		$	1,050		$	6,356



Estimated Amortization Expense
2017		2018		2019		2020		2021
$	345	$	342	$	329	$	312	$	298

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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