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Business Combinations (Tables)
12 Months Ended
Jan. 02, 2016
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
The following table summarizes the final purchase price allocation of the fair values of the net assets as a result of the Company's acquisitions of Endosense and Nanostim and the initial consolidations of Spinal Modulation and CardioMEMS as variable interest entities for which St. Jude Medical, Inc. was the primary beneficiary (in millions):
 
 
Endosense
Nanostim
Spinal Modulation
CardioMEMS
Cash and cash equivalents
 
$

$

$
41

$
33

Current assets
 
2

1

9

3

Goodwill
 
258

149

46

83

In-process research and development (IPR&D)
 
33

27

45

63

Other intangible assets
 
20

34

7


Other assets
 
1

1

1

2

Current liabilities
 
(11
)
(2
)
(6
)
(13
)
Deferred income tax assets/(liabilities)
 


(19
)
(23
)
Other liabilities
 



(5
)
Net assets
 
$
303

$
210

$
124

$
143

 
 
 
 
 
 
Cash paid
 
$
180

$
124

$

$

Less: Cash acquired
 
(9
)
(3
)


Net cash consideration
 
$
171

$
121

$

$

Contingent consideration
 
132

56



Fair value of St. Jude Medical, Inc.'s previously held interest
 

33


31

Acquisition of controlling ownership interest
 


40


Debt financing
 



28

Additions in noncontrolling ownership interest
 


84

84

Total purchase consideration
 
$
303

$
210

$
124

$
143

Thoratec [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
The following table summarizes the preliminary purchase price allocation of the values of net assets as a result of the Company's acquisition of Thoratec in October 2015 (in millions):
 
 
Thoratec
Accounts receivable
 
$
76

Inventories
 
150

Other current and noncurrent assets
 
44

Property, plant and equipment
 
57

Goodwill
 
2,142

Intangible assets
 
1,490

Accounts payable
 
(22
)
Other current and noncurrent liabilities
 
(69
)
Contingent consideration liabilities
 
(33
)
Deferred income tax assets/(liabilities)
 
(548
)
Net assets
 
$
3,287

 
 
 
Cash consideration paid to Thoratec shareholders
 
$
3,484

Cash consideration paid for vested Thoratec share awards
 
30

Total cash paid
 
$
3,514

Less: cash acquired
 
(262
)
Net cash consideration
 
$
3,252

Fair value of equity awards exchanged in business combination
 
35

Total purchase consideration
 
$
3,287

Schedule of Pro Forma Information
The following unaudited pro forma information provides the effect of the Company's acquisition of Thoratec as if the acquisition had occurred on December 29, 2013 (in millions):
(unaudited)
 
2015
 
2014
Pro forma net sales
 
$
5,919

 
$
6,099

Pro forma net earnings attributable to St. Jude Medical, Inc.
 
$
970

 
$
767

NeuroTherm, Inc. [Member]  
Business Acquisition [Line Items]  
Schedule of Business Acquisitions
The following table summarizes the final purchase price allocation of the fair values of net assets 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
 
125

Intangible assets
 
89

Current liabilities
 
(13
)
Deferred income tax assets/(liabilities)
 
(28
)
Long-term debt
 
(50
)
Net assets
 
$
147

 
 
 
Cash paid
 
$
148

Less: Cash acquired
 
(1
)
Net cash consideration
 
$
147