XML 55 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
A reconciliation of the totals reported for the reportable segments to the applicable line items in our accompanying consolidated statements of operations is as follows:
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
 
2014
Net sales
 
 
 
 
 
 
Interventional Cardiology
 
$
2,524

 
$
2,242

 
$
2,092

Peripheral Interventions
 
1,093

 
975

 
861

Cardiovascular
 
3,617

 
3,217

 
2,953

 
 
 
 
 
 
 
Cardiac Rhythm Management
 
1,994

 
1,934

 
1,922

Electrophysiology
 
261

 
248

 
228

Rhythm Management
 
2,255

 
2,182

 
2,150

 
 
 
 
 
 
 
Endoscopy
 
1,565

 
1,422

 
1,343

Urology and Pelvic Health
 
1,065

 
735

 
542

Neuromodulation
 
574

 
512

 
474

MedSurg
 
3,204

 
2,669

 
2,359

Net sales allocated to reportable segments
 
9,076

 
8,068

 
7,462

Sales generated from business divestitures
 

 

 
4

Impact of foreign currency fluctuations
 
(690
)
 
(591
)
 
(86
)
 
 
$
8,386

 
$
7,477

 
$
7,380

Reconciliation of depreciation by reportable segment to total [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
 
2014
Depreciation expense
 
 
 
 
 
 
Cardiovascular
 
$
122

 
$
116

 
$
120

Rhythm Management
 
83

 
94

 
92

MedSurg
 
74

 
73

 
75

Depreciation expense allocated to reportable segments
 
279

 
283

 
287

Impact of foreign currency fluctuations
 
(9
)
 
(9
)
 

 
 
$
270

 
$
274

 
$
287


Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
 
2014
Income (loss) before income taxes
 
 
 
 
 
 
Cardiovascular
 
$
1,137

 
$
972

 
$
767

Rhythm Management
 
404

 
328

 
289

MedSurg
 
1,045

 
856

 
746

Operating income allocated to reportable segments
 
2,586

 
2,156

 
1,802

Corporate expenses and currency exchange
 
(565
)
 
(486
)
 
(308
)
Intangible asset impairment charges; pension termination charges; and acquisition- and divestiture-related net charges, litigation-related net charges, and restructuring- and restructuring-related net charges
 
(1,029
)
 
(1,502
)
 
(1,357
)
Amortization expense
 
(545
)
 
(495
)
 
(438
)
Operating income (loss)
 
447

 
(327
)
 
(301
)
Other expense, net
 
(270
)
 
(323
)
 
(208
)
 
 
$
177

 
$
(650
)
 
$
(509
)

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 
 
As of December 31,
(in millions)
 
2016
 
2015
Total assets
 
 
 
 
Cardiovascular
 
$
1,748

 
$
1,583

Rhythm Management
 
1,250

 
1,279

MedSurg
 
1,499

 
1,141

Total assets allocated to reportable segments
 
4,497

 
4,003

Goodwill
 
6,678

 
6,473

Other intangible assets, net
 
5,883

 
6,194

All other corporate assets
 
1,038

 
1,463

 
 
$
18,096

 
$
18,133

Reconciliation of sales by division and region to consolidated [Table Text Block]
Enterprise-Wide Information (based on actual currency exchange rates)
 
 
Year Ended December 31,
(in millions)
 
2016
 
2015
 
2014
Net sales
 
 
 
 
 
 
Interventional Cardiology
 
$
2,281

 
$
2,033

 
$
2,057

Cardiac Rhythm Management
 
1,850

 
1,807

 
1,912

Endoscopy
 
1,440

 
1,306

 
1,323

Peripheral Interventions
 
1,011

 
904

 
850

Urology and Pelvic Health
 
1,005

 
693

 
535

Neuromodulation
 
556

 
501

 
472

Electrophysiology
 
243

 
233

 
227

 
 
8,386

 
7,477

 
7,376

Sales generated from divested businesses
 

 

 
4

 
 
$
8,386

 
$
7,477

 
$
7,380

 
 
 
 
 
 
 
United States
 
$
4,759

 
$
4,229

 
$
3,885

Japan
 
750

 
602

 
678

Other countries
 
2,877

 
2,646

 
2,813

 
 
8,386

 
7,477

 
7,376

Sales generated from divested businesses
 

 

 
4

 
 
$
8,386

 
$
7,477

 
$
7,380

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]
 
 
As of December 31,
(in millions)
 
2016
 
2015
 
2014
Long-lived assets
 
 
 
 
 
 
United States
 
$
1,082

 
$
1,018

 
$
1,002

Ireland
 
181

 
170

 
197

Other foreign countries
 
367

 
302

 
308

Property, plant and equipment, net
 
1,630

 
1,490

 
1,507

Goodwill
 
6,678

 
6,473

 
5,898

Other intangible assets, net
 
5,883

 
6,194

 
5,606

 
 
$
14,191

 
$
14,157

 
$
13,011