Business Combinations Business Combinations 2014 (Tables)

9 Months Ended

Sep. 27, 2014

Business Combinations [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the final purchase price allocation as of the respective dates of acquisition of the fair values of net assets acquired and liabilities assumed as a result of the Company's acquisitions of Endosense and Nanostim during fiscal year 2013 as follows (in millions):

	Endosense			Nanostim			Total
Current assets	$	2		$	1		$	3
Goodwill	258			149			407
In-process research and development (IPR&D)	33			27			60
Other intangible assets	20			34			54
Other assets	1			1			2
Current liabilities	(11		)	(2		)	(13		)
Net assets acquired	303			210			513
Cash paid	180			124			304
Less: Cash acquired	(9		)	(3		)	(12		)
Net cash consideration	171			121			292
Contingent consideration	132			56			188
Fair value of St. Jude Medical, Inc.'s previously held interest	—			33			33
Total purchase consideration	$	303		$	210		$	513

NeuroTherm, Inc. [Member]

Business Combinations [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the purchase price allocation of the estimated fair values of net assets acquired and liabilities assumed as a result of the Company's acquisition of NeuroTherm in August 2014 (in millions):

	NeuroTherm
Current assets	$	22
Property, plant and equipment	2
Goodwill	132
Intangible assets	89
Current liabilities	(13		)
Deferred income tax assets/(liabilities)	(35		)
Long-term debt	(50		)
Net assets acquired	147
Cash paid	148
Less: Cash acquired	(1		)
Net cash consideration	$	147