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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2011
Goodwill and Intangible Assets 
Goodwill

 

 

(Millions)

 

Dec. 31, 2010
Balance

 

Acquisition
activity

 

Translation
and other

 

Sept. 30, 2011
Balance

 

Industrial and Transportation

 

$

1,783

 

$

209

 

$

25

 

$

2,017

 

Health Care

 

1,506

 

(1

)

28

 

1,533

 

Display and Graphics

 

994

 

4

 

3

 

1,001

 

Consumer and Office

 

187

 

13

 

5

 

205

 

Safety, Security and Protection Services

 

1,670

 

(3

)

21

 

1,688

 

Electro and Communications

 

680

 

6

 

10

 

696

 

Total Company

 

$

6,820

 

$

228

 

$

92

 

$

7,140

 

Acquired Intangible Assets

 

 

(Millions)

 

Sept. 30,
2011

 

Dec. 31,
2010

 

Patents

 

$

568

 

$

551

 

Other amortizable intangible assets (primarily tradenames and customer related intangibles)

 

2,329

 

2,016

 

Total gross carrying amount

 

$

2,897

 

$

2,567

 

 

 

 

 

 

 

Accumulated amortization — patents

 

(371

)

(345

)

Accumulated amortization — other

 

(700

)

(527

)

Total accumulated amortization

 

$

(1,071

)

$

(872

)

 

 

 

 

 

 

Total finite-lived intangible assets — net

 

$

1,826

 

$

1,695

 

 

 

 

 

 

 

Non-amortizable intangible assets (tradenames)

 

126

 

125

 

Total intangible assets — net

 

$

1,952

 

$

1,820

 

Schedule of amortization expense for acquired intangible assets

 

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

(Millions)

 

2011

 

2010

 

2011

 

2010

 

Amortization expense

 

$

59

 

$

44

 

$

176

 

$

130

Schedule of expected amortization expense for acquired amortizable intangible assets

Millions)

 

Last
Quarter
2011

 

2012

 

2013

 

2014

 

2015

 

2016

 

After
2016

 

Amortization expense

 

$

59

 

$

223

 

$

212

 

$

189

 

$

177

 

$

164

 

$

802