Goodwill


Notes to Financial Statements

NOTE 8 — GOODWILL

Changes in the carrying amount of goodwill were as follows:

 

(In millions)   

September 30,

2013

   

Acquisitions

    Other     December 31,
2013
 


Devices and Consumer            

   Licensing    $ 867                $ 0      $ 1                $ 868   
    

Hardware

     1,680                 0        8                 1,688   
    

Other

     738                 0        0                 738   


          


 


          


    

Total Devices and Consumer

   $ 3,285               $ 0      $ 9               $ 3,294   


          


 


          


Commercial

   Licensing    $ 10,071               $ 2      $   (13            $ 10,060   
    

Other

     1,311                 15        0                 1,326   


          


 


          


    

Total Commercial

   $ 11,382               $ 17      $ (13              11,386   


          


 


          


Total goodwill

        $   14,667               $   17      $ (4            $   14,680   
    


          


 


          


 

(In millions)        

June 30,

2013

   

Acquisitions

    Other     December 31,
2013
 


Devices and Consumer            

   Licensing    $ 866                $ 0      $ 2                $ 868   
    

Hardware

     1,689                 0          (1              1,688   
    

Other

     738                 0        0                 738   


          


 


          


    

Total Devices and Consumer

   $ 3,293               $ 0      $ 1               $ 3,294   


          


 


          


Commercial

   Licensing    $ 10,051               $ 2      $ 7               $ 10,060   
    

Other

     1,311                 15        0                 1,326   


          


 


          


    

Total Commercial

   $ 11,362               $ 17      $ 7                 11,386   


          


 


          


Total goodwill

        $   14,655               $   17      $ 8               $   14,680   
    


          


 


          


The measurement periods for the valuation of assets acquired and liabilities assumed end as soon as information on the facts and circumstances that existed as of the acquisition dates becomes available, but do not exceed 12 months. Adjustments in purchase price allocations may require a recasting of the amounts allocated to goodwill retroactive to the periods in which the acquisitions occurred.

Any change in the goodwill amounts resulting from foreign currency translations and business dispositions are presented as “Other” in the table above.

As discussed in Note 16 – Segment Information, during the first quarter of fiscal year 2014, we changed our organizational structure as part of our transformation to a devices and services company. This resulted in a change in our operating segments and reporting units. We allocated goodwill to our new reporting units using a relative fair value approach. In addition, we completed an assessment of any potential goodwill impairment for all reporting units immediately prior to the reallocation and determined that no impairment existed.