Product and Geographic Information

12 Months Ended

Jan. 02, 2016

Segment Reporting [Abstract]

Product and Geographic Information

PRODUCT AND GEOGRAPHIC INFORMATION

Segment Information

Effective January 1, 2016, the Company's Board of Directors appointed a new President and Chief Executive Officer whom the Company has determined to be its Chief Operating Decision Maker. The Company continues to operate as a single operating segment and derives its revenues from seven principal product categories.

Product Information

The following table presents net sales from external customers for the Company's seven principal product categories (in millions):

Net Sales	2015		2014		2013
ICD Systems	$	1,582	$	1,746	$	1,741
Atrial Fibrillation Products	1,096		1,044		957
Pacemaker Systems	941		1,047		1,042
Vascular Products	716		709		704
Structural Heart Products	595		639		631
Neuromodulation Products	475		437		426
Thoratec Products	136		—		—
Net sales	$	5,541	$	5,622	$	5,501

On January 13, 2016, the Company announced that it would change its sales reporting starting in 2016 to closely align with how it will manage the business in five key areas: Heart Failure, Atrial Fibrillation, Neuromodulation, Cardiovascular Disease and Traditional Cardiac Rhythm Management. The Company’s sales results were managed on the basis of its existing product categories through 2015, with the intention that sales reporting be managed under the new classification once it is fully effective in the first quarter of 2016.

The Company had no individual customer that represented 10 percent or more of its consolidated net sales during 2015, 2014 or 2013.

Geographic Information

The following table presents net sales by significant country based on customer location (in millions):

Net Sales	2015		2014		2013
United States	$	2,838	$	2,657	$	2,596
Japan	456		526		567
Other foreign countries	2,247		2,439		2,338
Net sales	$	5,541	$	5,622	$	5,501

The amounts for long-lived assets by significant country include net property, plant and equipment by physical location of the asset as follows (in millions):

Long-Lived Assets	January 2, 2016		January 3, 2015		December 28, 2013
United States	$	1,011	$	1,005	$	1,045
Other foreign countries	309		338		365
Total long-lived assets	$	1,320	$	1,343	$	1,410