Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
The components of the purchase price and net assets acquired for 2016 acquisitions are as follows: | | | | | | | | | | | | | | | | | | (In millions) | | FEI |
| | Affymetrix |
| | Other |
| | Total |
| | | | | | | | | | Purchase Price | | | | | | | | | Cash paid | | $ | 4,440 |
| | $ | 1,165 |
| | $ | 29 |
| | $ | 5,634 |
| Debt assumed | | — |
| | 254 |
| | 1 |
| | 255 |
| Purchase price payable | | 11 |
| | 1 |
| | 3 |
| | 15 |
| Cash acquired | | (369 | ) | | (78 | ) | | — |
| | (447 | ) | | | | | | | | | | | | $ | 4,082 |
| | $ | 1,342 |
| | $ | 33 |
| | $ | 5,457 |
| | | | | | | | | | Net Assets Acquired | | | | | | | | | Current assets | | $ | 619 |
| | $ | 161 |
| | $ | 3 |
| | $ | 783 |
| Property, plant and equipment | | 153 |
| | 19 |
| | — |
| | 172 |
| Definite-lived intangible assets: | | | | | | | | | Customer relationships | | 1,051 |
| | 501 |
| | 9 |
| | 1,561 |
| Product technology | | 740 |
| | 253 |
| | 7 |
| | 1,000 |
| Tradenames and other | | 42 |
| | 46 |
| | — |
| | 88 |
| Indefinite-lived intangible assets: | | | | | | | | | In-process research and development | | 105 |
| | 14 |
| | — |
| | 119 |
| Goodwill | | 2,125 |
| | 615 |
| | 16 |
| | 2,756 |
| Other assets | | 72 |
| | 8 |
| | — |
| | 80 |
| Liabilities assumed | | (825 | ) | | (275 | ) | | (2 | ) | | (1,102 | ) | | | | | | | | | | | | $ | 4,082 |
| | $ | 1,342 |
| | $ | 33 |
| | $ | 5,457 |
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The components of the purchase price and net assets acquired for 2017 acquisitions are as follows: | | | | | | | | | | | | | | | | | | | | | | (In millions) | | Patheon |
| | Core Informatics |
| | Finesse Solutions |
| | Other |
| | Total |
| | | | | | | | | | | | Purchase Price | | | | | | | | | | | Cash paid | | $ | 6,861 |
| | $ | 95 |
| | $ | 223 |
| | $ | 97 |
| | $ | 7,276 |
| Debt assumed | | 488 |
| | — |
| | — |
| | — |
| | 488 |
| Fair value of contingent consideration | | — |
| | 9 |
| | — |
| | 8 |
| | 17 |
| Fair value of equity awards exchanged | | 6 |
| | — |
| | — |
| | — |
| | 6 |
| Fair value of previously held interest | | — |
| | — |
| | — |
| | 11 |
| | 11 |
| Purchase price payable | | 50 |
| | — |
| | — |
| | 7 |
| | 57 |
| Cash acquired | | (47 | ) | | (10 | ) | | (2 | ) | | (13 | ) | | (72 | ) | | | | | | | | | | | | | | $ | 7,358 |
| | $ | 94 |
| | $ | 221 |
| | $ | 110 |
| | $ | 7,783 |
| | | | | | | | | | | | Net Assets Acquired | | | | | | | | | | | Current assets | | $ | 1,046 |
| | $ | 2 |
| | $ | 17 |
| | $ | 20 |
| | $ | 1,085 |
| Property, plant and equipment | | 1,288 |
| | — |
| | 1 |
| | 3 |
| | 1,292 |
| Definite-lived intangible assets: | | | | | | | | | | | Customer relationships | | 3,618 |
| | 6 |
| | 68 |
| | 16 |
| | 3,708 |
| Product technology | | — |
| | 29 |
| | 32 |
| | 35 |
| | 96 |
| Tradenames and other | | 112 |
| | 3 |
| | 2 |
| | — |
| | 117 |
| Indefinite-lived intangible assets: | | | | | | | | | | | In-process research and development | | — |
| | — |
| | 2 |
| | — |
| | 2 |
| Goodwill | | 3,255 |
| | 63 |
| | 136 |
| | 64 |
| | 3,518 |
| Other assets | | 54 |
| | — |
| | — |
| | — |
| | 54 |
| Deferred tax liabilities | | (1,091 | ) | | (4 | ) | | (22 | ) | | (14 | ) | | (1,131 | ) | Other liabilities assumed | | (924 | ) | | (5 | ) | | (15 | ) | | (14 | ) | | (958 | ) | | | | | | | | | | | | | | $ | 7,358 |
| | $ | 94 |
| | $ | 221 |
| | $ | 110 |
| | $ | 7,783 |
|
The components of the purchase price and net assets acquired for 2015 acquisitions are as follows: | | | | | | | | | | | | | | | | | | (In millions) | | Alfa Aesar |
| | Advanced Scientifics |
| | Other |
| | Total |
| | | | | | | | | | Purchase Price | | | | | | | | | Cash paid | | $ | 393 |
| | $ | 289 |
| | $ | 19 |
| | $ | 701 |
| Purchase price payable | | — |
| | — |
| | 1 |
| | 1 |
| Cash acquired | | (4 | ) | | — |
| | (1 | ) | | (5 | ) | | | | | | | | | | | | $ | 389 |
| | $ | 289 |
| | $ | 19 |
| | $ | 697 |
| | | | | | | | | | Net Assets Acquired | | | | | | | | | Current assets | | $ | 96 |
| | $ | 29 |
| | $ | 5 |
| | $ | 130 |
| Property, plant and equipment | | 39 |
| | 11 |
| | — |
| | 50 |
| Definite-lived intangible assets: | | | | | | | | | Customer relationships | | 137 |
| | 90 |
| | 8 |
| | 235 |
| Product technology | | — |
| | 37 |
| | — |
| | 37 |
| Tradenames and other | | 16 |
| | 2 |
| | — |
| | 18 |
| Goodwill | | 125 |
| | 124 |
| | 9 |
| | 258 |
| Other assets | | 5 |
| | — |
| | — |
| | 5 |
| Liabilities assumed | | (29 | ) | | (4 | ) | | (3 | ) | | (36 | ) | | | | | | | | | | | | $ | 389 |
| | $ | 289 |
| | $ | 19 |
| | $ | 697 |
|
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Business Acquisition, Pro Forma Information [Table Text Block] |
Unaudited Pro Forma Information The following unaudited pro forma information provides the effect of the company's 2017 acquisition of Patheon as if the acquisition had occurred on January 1, 2016, and the effects of the company's 2016 acquisitions of FEI and Affymetrix as if the acquisitions had occurred on January 1, 2015: | | | | | | | | | | | | | | (In millions) | | 2017 |
| | 2016 |
| | 2015 |
| | | | | | | | Revenues | | $ | 22,144 |
| | $ | 20,807 |
| | $ | 18,230 |
| | | | | | | | Net Income | | $ | 2,258 |
| | $ | 1,791 |
| | $ | 1,684 |
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