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Goodwill and Other Intangible Assets | 3 Months Ended
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Apr. 01, 2022
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, 2021 | $ | 41,184 |
Attributable to 2022 acquisitions | 3 |
Adjustments due to finalization of purchase price allocations | (18) |
Foreign currency translation and other | (506) |
Balance, April 1, 2022 | $ | 40,663 |
The carrying value of goodwill by segment is summarized as follows ($ in millions):
| April 1, 2022 |  | December 31, 2021
Life Sciences | $ | 31,158 |  |  | $ | 31,638 |
Diagnostics | 7,012 |  |  | 7,044 |
Environmental & Applied Solutions | 2,493 |  |  | 2,502 |
Total | $ | 40,663 |  |  | $ | 41,184 |
The Company has not identified any “triggering” events which indicate an impairment of goodwill in 2022. 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 an impairment trigger during the first quarter of 2021 which resulted in the impairment of a trade name. The Company recorded an impairment charge totaling $10 million in the three-month period ended April 2, 2021 related to the trade name.

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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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