Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets

Goodwill

	December 31, 2014		Acquisition		Translation		June 30, 2015
(Millions)	Balance		activity		and other		Balance
Industrial	$	2,037	$	1	$	(59)	$	1,979
Safety and Graphics		1,650		―		(24)		1,626
Electronics and Energy		1,559		―		(28)		1,531
Health Care		1,589		94		(42)		1,641
Consumer		215		―		(7)		208
Total Company	$	7,050	$	95	$	(160)	$	6,985

Acquired Intangible Assets

		June 30,		December 31,
(Millions)		2015		2014
Customer related intangible assets		$	1,352	$	1,348
Patents			563		581
Other technology-based intangible assets			402		407
Definite-lived tradenames			398		401
Other amortizable intangible assets			222		221
Total gross carrying amount		$	2,937	$	2,958
Accumulated amortization — customer related			(630)		(597)
Accumulated amortization — patents			(468)		(472)
Accumulated amortization — other technology-based			(228)		(215)
Accumulated amortization — definite-lived tradenames			(204)		(195)
Accumulated amortization — other			(168)		(167)
Total accumulated amortization		$	(1,698)	$	(1,646)
	Total finite-lived intangible assets — net	$	1,239	$	1,312
Non-amortizable intangible assets (primarily tradenames)			116		123
	Total intangible assets — net	$	1,355	$	1,435

Schedule of amortization expense for acquired intangible assets

Amortization expense for acquired intangible assets for the three-month and six-month periods ended June 30, 2015 and 2014 follows:
	Three months ended				Six months ended
	June 30,				June 30,
(Millions)	2015		2014		2015		2014
Amortization expense	$	50	$	57	$	103	$	114

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 June 30, 2015:
(Millions)	Remainder
	of													After
	2015		2016		2017		2018		2019		2020		2020
Amortization expense	$	96	$	178	$	156	$	141	$	128	$	119	$	421