XML 40 R24.htm IDEA: XBRL DOCUMENT v3.22.0.1

Acquisitions, Goodwill and Intangible Assets (Tables)

12 Months Ended

Jan. 02, 2022

Business Combination And Goodwill And Intangible Assets [Abstract]

Schedule of Total Purchase Price

The total purchase price consisted of the following:

in millions			As Adjusted
Cash			$	2,862
Fair value of common stock issued			4,975
Fair value of contingent consideration			757
Fair value of previously held investment			1,149
Settlement of preexisting relationships			2
Total purchase price			$	9,745

Schedule of Preliminary Fair Value of Assets Acquired and Liabilities Assumed

The preliminary fair values of assets acquired and liabilities assumed were:

in millions			As Initially Reported						Measurement Period Adjustments						As Adjusted
Cash and cash equivalents			$	571					$	—					$	571
Property and equipment			89						—						89
Operating lease right-of-use assets			121						—						121
Goodwill			6,082						15						6,097
Intangible assets			3,180						(60)						3,120
Other current and noncurrent assets			35						—						35
Deferred tax liability			(82)						40						(42)
Long-term lease liabilities			(97)						—						(97)
Other current and noncurrent liabilities			(148)						(1)						(149)
Total net assets acquired			$	9,751					$	(6)					$	9,745

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The preliminary fair values assigned to identifiable intangible assets acquired were as follows:

in millions, except years			Fair Value (as adjusted)			Estimated Useful Life
Developed technology			$	2,410		18
Trade name			40			9
In-process research and development (IPR&D)			670			Indefinite
Total intangible assets			$	3,120

Schedule of Unaudited Pro Forma Information

The following unaudited pro forma financial information summarizes the combined results of operations of Illumina and GRAIL as if the companies had been combined as of the beginning of our fiscal year 2020.

in millions															2021						2020
Revenue															$	4,528					$	3,239
Net income															$	661					$	351

Schedule of Goodwill

Goodwill

In millions			Goodwill
Balance as of December 29, 2019			$	824
Acquisitions			73
Balance as of January 3, 2021			897
Acquisitions			6,201
Measurement period adjustments			15
Balance as of January 2, 2022			$	7,113

Schedule of Finite-lived Intangible Assets

			January 2, 2022																		January 3, 2021
In millions			Gross Carrying Amount						Accumulated Amortization						Intangible Assets, Net						Gross Carrying Amount						Accumulated Amortization						Intangible Assets, Net
Developed technologies			$	2,790					$	(291)					$	2,499					$	352					$	(221)					$	131
Licensed technologies			95						(92)						3						95						(91)						4
Trade name			44						(6)						38						4						(4)						—
Customer relationships			31						(28)						3						31						(27)						4
License agreements			14						(12)						2						14						(11)						3
Total finite-lived intangible assets, net			2,974						(429)						2,545						496						(354)						142
In-process research and development (IPR&D)			705						—						705						—						—						—
Total intangible assets, net			$	3,679					$	(429)					$	3,250					$	496					$	(354)					$	142

Schedule of Estimated Annual Amortization of Finite-lived Intangible Assets

The estimated future annual amortization of finite-lived intangible assets is shown in the following table. Actual amortization expense to be reported in future periods could differ from these estimates as a result of acquisitions, divestitures, and asset impairments, among other factors.

In millions			Estimated Annual Amortization
2022			$	165
2023			164
2024			162
2025			162
2026			151
Thereafter			1,741
Total			$	2,545

X

- Definition

Business Combination And Goodwill And Intangible Assets

+ References

No definition available.

+ Details

Name:	ilmn_BusinessCombinationAndGoodwillAndIntangibleAssetsAbstract
Namespace Prefix:	ilmn_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration