XML 56 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Net sales
 
 
 
 
 
 
Interventional Cardiology
 
$
2,242

 
$
2,092

 
$
1,995

Peripheral Interventions
 
975

 
861

 
805

Cardiovascular
 
3,217

 
2,953

 
2,800

 
 
 
 
 
 
 
Cardiac Rhythm Management
 
1,934

 
1,922

 
1,882

Electrophysiology
 
248

 
228

 
154

Rhythm Management
 
2,182

 
2,150

 
2,036

 
 
 
 
 
 
 
Endoscopy
 
1,422

 
1,343

 
1,277

Urology and Pelvic Health
 
735

 
542

 
505

Neuromodulation
 
512

 
474

 
454

MedSurg
 
2,669

 
2,359

 
2,236

Net sales allocated to reportable segments
 
8,068

 
7,462

 
7,072

Sales generated from business divestitures
 

 
4

 
58

Impact of foreign currency fluctuations
 
(591
)
 
(86
)
 
13

 
 
$
7,477

 
$
7,380

 
$
7,143

Reconciliation of depreciation by reportable segment to total [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Depreciation expense
 
 
 
 
 
 
Cardiovascular
 
$
116

 
$
120

 
$
111

Rhythm Management
 
94

 
92

 
99

MedSurg
 
73

 
75

 
73

Depreciation expense allocated to reportable segments
 
283

 
287

 
283

Impact of foreign currency fluctuations
 
(9
)
 

 
(4
)
 
 
$
274

 
$
287

 
$
279


Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Income (loss) before income taxes
 
 
 
 
 
 
Cardiovascular
 
$
972

 
$
767

 
$
665

Rhythm Management
 
328

 
289

 
211

MedSurg
 
856

 
746

 
679

Operating income allocated to reportable segments
 
2,156

 
1,802

 
1,555

Corporate expenses and currency exchange
 
(486
)
 
(308
)
 
(203
)
Goodwill and intangible asset impairment charges; pension termination charges; and acquisition-, divestiture-, litigation-, and restructuring-related net charges
 
(1,502
)
 
(1,357
)
 
(822
)
Amortization expense
 
(495
)
 
(438
)
 
(410
)
Operating income (loss)
 
(327
)
 
(301
)
 
120

Other expense, net
 
(323
)
 
(208
)
 
(343
)
 
 
$
(650
)
 
$
(509
)
 
$
(223
)

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 
 
As of December 31,
(in millions)
 
2015
 
2014
Total assets
 
 
 
(restated*)

Cardiovascular
 
$
1,583

 
$
1,501

Rhythm Management
 
1,279

 
1,329

MedSurg
 
1,141

 
982

Total assets allocated to reportable segments
 
4,003

 
3,812

Goodwill
 
6,473

 
5,898

Other intangible assets, net
 
6,194

 
5,606

All other corporate assets
 
1,463

 
1,708

 
 
$
18,133

 
$
17,024

Reconciliation of sales by division and region to consolidated [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2015
 
2014
 
2013
Net sales
 
 
 
 
 
 
Interventional Cardiology
 
$
2,033

 
$
2,057

 
$
1,997

Cardiac Rhythm Management
 
1,807

 
1,912

 
1,886

Endoscopy
 
1,306

 
1,323

 
1,280

Peripheral Interventions
 
904

 
850

 
809

Urology and Pelvic Health
 
693

 
535

 
505

Neuromodulation
 
501

 
472

 
453

Electrophysiology
 
233

 
227

 
155

 
 
7,477

 
7,376

 
7,085

Sales generated from divested businesses
 

 
4

 
58

 
 
$
7,477

 
$
7,380

 
$
7,143

 
 
 
 
 
 
 
United States
 
$
4,229

 
$
3,885

 
$
3,743

Japan
 
602

 
678

 
744

Other countries
 
2,646

 
2,813

 
2,598

 
 
7,477

 
7,376

 
7,085

Sales generated from divested businesses
 

 
4

 
58

 
 
$
7,477

 
$
7,380

 
$
7,143

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]
 
 
As of December 31,
(in millions)
 
2015
 
2014
 
2013
Long-lived assets
 
 
 
 
 
 
United States
 
$
1,018

 
$
1,002

 
$
998

Ireland
 
170

 
197

 
240

Other foreign countries
 
302

 
308

 
308

Property, plant and equipment, net
 
1,490

 
1,507

 
1,546

Goodwill
 
6,473

 
5,898

 
5,693

Other intangible assets, net
 
6,194

 
5,606

 
5,950

 
 
$
14,157

 
$
13,011

 
$
13,189