Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2017

Acquisitions

Allocation of purchase price

	2017 Acquisition Activity
							Finite-Lived
							Intangible-Asset
(Millions)	Scott						Weighted-Average
Asset (Liability)	Safety		Other		Total		Lives (Years)
Accounts receivable	$	100	$	—	$	100
Inventory		79		—		79
Other current assets		10		—		10
Property, plant, and equipment		74		—		74
Purchased finite-lived intangible assets:
Customer related intangible assets		439		3		442	15
Other technology-based intangible assets		125		2		127	10
Definite-lived tradenames		285		—		285	17
Other amortizable intangible assets		—		1		1	5
Purchased goodwill		1,296		6		1,302
Accounts payable and other liabilities		(100)		—		(100)
Deferred tax asset/(liability)		(297)		—		(297)
Net assets acquired	$	2,011	$	12	$	2,023
Supplemental information:
Cash paid	$	2,020	$	12	$	2,032
Less: Cash acquired		9		—		9
Cash paid, net of cash acquired	$	2,011	$	12	$	2,023

	2015 Acquisition Activity
									Finite-Lived
									Intangible-Asset
(Millions)	Capital		Polypore Separations						Weighted-Average
Asset (Liability)	Safety		Media (Membrana)		Other		Total		Lives (Years)
Accounts receivable	$	66	$	30	$	7	$	103
Inventory		63		35		4		102
Other current assets		10		1		1		12
Property, plant, and equipment		36		128		7		171
Purchased finite-lived intangible assets:
Customer related intangible assets		445		270		40		755	16
Patents		44		11		7		62	7
Other technology-based intangible assets		85		42		1		128	7
Definite-lived tradenames		26		6		1		33	16
Other amortizable intangible assets		—		—		2		2	4
Purchased indefinite-lived intangible assets		520		—		—		520
Purchased goodwill		1,764		636		95		2,495
Accounts payable and other liabilities, net of other assets		(105)		(122)		(5)		(232)
Interest bearing debt		(766)		—		—		(766)
Deferred tax asset/(liability)		(464)		—		(7)		(471)
Net assets acquired	$	1,724	$	1,037	$	153	$	2,914
Supplemental information:
Cash paid	$	1,758	$	1,037	$	154	$	2,949
Less: Cash acquired		34		—		1		35
Cash paid, net of cash acquired	$	1,724	$	1,037	$	153	$	2,914

Approximate amounts of major assets and liabilities associated with disposal groups classified as held-for-sale

	December 31,		December 31,
(Millions)	2017		2016
Accounts receivable	$	25	$	25
Property, plant and equipment (net)		20		25
Intangible assets		—		35
Deferred revenue (other current liabilities)		—		35