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Goodwill And Other Intangible Assets | 6 Months Ended
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Jul. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | GOODWILL AND OTHER INTANGIBLE ASSETS The following is a rollforward of the Company’s goodwill ($ in millions):
Balance, December 31, 2020 | $ | 35,420 |
Attributable to 2021 acquisitions | 808 |
Attributable to 2021 divestitures | (12) |
Adjustments due to finalization of purchase price allocations | (8) |
Foreign currency translation and other | (618) |
Balance, July 2, 2021 | $ | 35,590 |
The carrying value of goodwill by segment is summarized as follows ($ in millions):
| July 2, 2021 |  | December 31, 2020
Life Sciences | $ | 26,025 |  |  | $ | 25,812 |
Diagnostics | 7,030 |  |  | 7,082 |
Environmental & Applied Solutions | 2,535 |  |  | 2,526 |
Total | $ | 35,590 |  |  | $ | 35,420 |
T he Compa ny has not identified any “t riggering” events which indicate an impairment of goodwill in 2021. The Company reviews identified intangible assets for impairment whenever events or changes in circumstances indicate that the related carrying amounts may not be recoverable. The Company identified impairment triggers during both the first quarter of 2021 and 2020 which resulted in the impairment of certain long-lived assets, including trade names and other intangible assets. The Company recorded impairment charges totaling $10 million and $8 million in the six-month periods ended July 2, 2021 and July 3, 2020, respectively, related to these long-lived assets.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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