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NOTE3.GoodwillandIntangibleAssets
Purchasedgoodwillfromacquisitionstotaled$2.5billionin2015,$636millionofwhichisdeductiblefortaxpurposes.Purchased
goodwillfromacquisitionstotaled$65millionin2014,noneofwhichisdeductiblefortaxpurposes.Theamountsinthe
“Translationandother”columninthefollowingtableprimarilyrelatetochangesinforeigncurrencyexchangerates.Thegoodwill
balancebybusinesssegmentfollows:
Goodwill
Dec.31, 2014 2014 Dec.31, 2015 2015 Dec.31,
2013 acquisition translation 2014 acquisition translation 2015
(Millions) Balance activity andother Balance activity andother Balance
Industrial $ 2,166 $ — $ (129) $ 2,037 $ 637 $ (106)$ 2,568
SafetyandGraphics 1,740 — (90) 1,650 1,764 (72) 3,342
HealthCare 1,596 65 (72) 1,589 94 (59) 1,624
ElectronicsandEnergy 1,612 — (53) 1,559 — (44) 1,515
Consumer 231 — (16) 215 — (15) 200
TotalCompany $ 7,345 $ 65 $ (360) $ 7,050 $ 2,495 $ (296)$ 9,249
AsdescribedinNote16,effectiveinthethirdquarterof2015,withintheHealthCarebusinesssegment,theCompanyformedthe
OralCareSolutionsDivision,whichcombinedtheformer3MESPEand3MUnitekdivisions.Foranyproductmovesthatresulted
inreportingunitchanges,theCompanyappliedtherelativefairvaluemethodtodeterminetheimpactongoodwilloftheassociated
reportingunits.Duringthethirdquarterof2015,theCompanycompleteditsassessmentofanypotentialgoodwillimpairmentfor
reportingunitsimpactedbythisnewstructureanddeterminedthatnoimpairmentexisted.TheCompanyalsocompleteditsannual
goodwillimpairmenttestinthefourthquarterof2015forallreportingunitsanddeterminedthatnoimpairmentexisted.Inaddition,
theCompanyhadnoimpairmentsofgoodwillinprioryears.
AcquiredIntangibleAssets
For2015,theintangibleassets(excludinggoodwill)acquiredthroughbusinesscombinationsincreasedthegrosscarryingamount.
Balancesarealsoimpactedbychangesinforeigncurrencyexchangerates.Thegrosscarryingamountandaccumulated
amortizationofacquiredintangibleassetsasofDecember31,follow:
(Millions) 2015 2014
Customerrelatedintangibleassets $ 1,973 $ 1,348
Patents 616 581
Othertechnology-basedintangibleassets 525 407
Definite-livedtradenames 421 401
Otheramortizableintangibleassets 216 221
Totalgrosscarryingamount $ 3,751 $ 2,958
Accumulatedamortization—customerrelated (668) (597)
Accumulatedamortization—patents (481) (472)
Accumulatedamortization—othertechnologybased (252) (215)
Accumulatedamortization—definite-livedtradenames (215) (195)
Accumulatedamortization—other (169) (167)
Totalaccumulatedamortization $ (1,785) $ (1,646)
Totalfinite-livedintangibleassets—net $ 1,966 $ 1,312
Non-amortizableintangibleassets(primarilytradenames) 635 123
Totalintangibleassets—net $ 2,601 $ 1,435
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