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Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Intangible Assets

Intangible assets at September 30 consisted of:

 

     2014      2013  
(Millions of dollars)    Gross
Carrying
Amount
     Accumulated
Amortization
     Gross
Carrying
Amount
     Accumulated
Amortization
 

Amortized intangible assets

           

Core and developed technology

   $ 893       $ 379       $ 942       $ 401   

Product rights

     148         31         167         24   

Patents, trademarks, and other

     268         184         349         254   
  

 

 

    

 

 

    

 

 

    

 

 

 

Amortized intangible assets

   $ 1,308       $ 594       $ 1,457       $ 679   
  

 

 

    

 

 

    

 

 

    

 

 

 

Unamortized intangible assets

           

Acquired in-process research and development

   $ 44          $ 54      

Trademarks

     2            2      
  

 

 

       

 

 

    

Unamortized intangible assets

   $ 46          $ 56      
  

 

 

       

 

 

    
Reconciliation of Goodwill by Business Segment

The following is a reconciliation of goodwill by business segment:

 

(Millions of dollars)    Medical     Diagnostics     Biosciences      Total  

Goodwill as of September 30, 2013

   $ 511      $ 378      $ 220       $ 1,109   

Acquisitions (A)

            13                13   

Currency translation/other (B)

     (29     (3             (32
  

 

 

   

 

 

   

 

 

    

 

 

 

Goodwill as of September 30, 2014

   $ 482      $ 388      $ 220       $ 1,090   
  

 

 

   

 

 

   

 

 

    

 

 

 

 

 

(A) Represents goodwill recognized upon the Company’s acquisition of Alverix, Inc. in the second quarter of fiscal year 2014.

 

(B) Includes amounts resulting from foreign currency translation as well as acquisition accounting adjustments.