Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets

Goodwill

	December 31, 2013		Acquisition		Translation		September 30, 2014
(Millions)	Balance		activity		and other		Balance
Industrial	$	2,166	$	―	$	(66)	$	2,100
Safety and Graphics		1,740		―		(48)		1,692
Electronics and Energy		1,612		―		(31)		1,581
Health Care		1,596		65		(44)		1,617
Consumer		231		―		(8)		223
Total Company	$	7,345	$	65	$	(197)	$	7,213

Acquired Intangible Assets

		September 30,		December 31,
(Millions)		2014		2013
Customer related intangible assets		$	1,375	$	1,411
Patents			590		602
Other technology-based intangible assets			415		406
Definite-lived tradenames			405		411
Other amortizable intangible assets			223		217
Total gross carrying amount		$	3,008	$	3,047
Accumulated amortization — customer related			(577)		(514)
Accumulated amortization — patents			(473)		(458)
Accumulated amortization — other technology-based			(210)		(179)
Accumulated amortization — definite-lived tradenames			(191)		(178)
Accumulated amortization — other			(166)		(159)
Total accumulated amortization		$	(1,617)	$	(1,488)
	Total finite-lived intangible assets — net	$	1,391	$	1,559
Non-amortizable intangible assets (primarily tradenames)			125		129
	Total intangible assets — net	$	1,516	$	1,688

Schedule of amortization expense for acquired intangible assets

Amortization expense for acquired intangible assets for the three-month and nine-month periods ended September 30, 2014 and 2013 follows:
	Three months ended				Nine months ended
	September 30,				September 30,
(Millions)	2014		2013		2014		2013
Amortization expense	$	56	$	59	$	170	$	179

Schedule of expected amortization expense for acquired amortizable intangible assets

The table below shows expected amortization expense for acquired amortizable intangible assets recorded as of September 30, 2014:
(Millions)	Remainder
	of													After
	2014		2015		2016		2017		2018		2019		2019
Amortization expense	$	53	$	202	$	189	$	174	$	157	$	145	$	471