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Significant Accounting Policies Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Significant Accounting Policies [Abstract]    
Pension and Other Postretirement Plans, Nonpension Benefits, Policy [Policy Text Block]
A rollforward of the changes in the pension benefit obligation for our funded retirement plans during 2016 and 2015 is as follows:
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
Beginning obligations
 
$
131

 
$
138

Service and interest costs
 
10

 
9

Actuarial gain (loss)
 
10

 
(5
)
Plan amendments
 
7

 

Benefits paid
 
(5
)
 
(5
)
Foreign currency exchange
 
(1
)
 
(6
)
Ending obligation
 
$
152

 
$
131

 
Schedule of Product Warranty Liability [Table Text Block]
Changes in our product warranty accrual during 2016, 2015, and 2014 consisted of the following (in millions):

 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Beginning balance
 
$
23

 
$
25

 
$
28

Provision
 
25

 
15

 
9

Settlements/ reversals
 
(26
)
 
(17
)
 
(12
)
Ending balance
 
$
22

 
$
23

 
$
25

 
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
The outstanding obligation as of December 31, 2016 and 2015 is as follows:
 
 
As of December 31, 2016
(in millions)
 
Accumulated Benefit Obligation (ABO)
 
Projected
Benefit
Obligation (PBO)
 
Fair value of Plan Assets
 
Underfunded
PBO Recognized
Executive Retirement Plan
 
$
15

 
$
17

 
$

 
$
17

Guidant Supplemental Retirement Plan (frozen)
 
32

 
32

 

 
32

International Retirement Plans
 
93

 
103

 
54

 
49

 
 
140

 
$
152

 
$
54

 
$
98

 
 
As of December 31, 2015
(in millions)
 
Accumulated Benefit Obligation (ABO)
 
Projected
Benefit
Obligation (PBO)
 
Fair value of Plan Assets
 
Underfunded
PBO Recognized
Executive Retirement Plan
 
$
12

 
$
14

 
$

 
$
14

Guidant Supplemental Retirement Plan (frozen)
 
33

 
33

 

 
33

International Retirement Plans
 
76

 
84

 
52

 
32

 
 
$
121

 
$
131

 
$
52

 
$
79


Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The critical assumptions associated with our employee retirement plans as of December 31, 2016 are as follows:
 
 
 
Expected Return
on Plan Assets
 
Rate of
 
Discount
Rate
 
 
Compensation
Increase
Executive Retirement Plan
3.50%
 
 
 
3.00%
Guidant Supplemental Retirement Plan (frozen)
4.00%
 
 
 
 
International Retirement Plans
0.50% - 2.13%
 
3.00% - 4.10%
 
2.50% - 6.78%
 
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
A rollforward of the changes in the fair value of plan assets for our funded retirement plans during 2016 and 2015 is as follows:
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
Beginning fair value
 
$
52

 
$
191

Actual return on plan assets
 
(1
)
 
1

Employer contributions
 
7

 
6

Benefits paid
 
(5
)
 
(145
)
Foreign currency exchange
 
1

 
(1
)
Ending fair value
 
$
54

 
$
52