Changes in goodwill and intangible assets consisted of:
2013 | 2012 | |||||||||||||||
Intangible | Intangible | |||||||||||||||
Goodwill | Assets, at cost | Goodwill | Assets, at cost | |||||||||||||
(in millions) | ||||||||||||||||
Balance at January 1 |
$ | 25,740 | $ | 23,269 | $ | 37,234 | $ | 25,712 | ||||||||
Changes due to: |
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Foreign currency |
(336 | ) | (390 | ) | 438 | 262 | ||||||||||
Divestitures |
(13 | ) | (7 | ) | (11,932 | ) | (2,669 | ) | ||||||||
Asset impairments |
– | – | – | (52 | ) | |||||||||||
Acquisitions |
209 | 48 | – | 14 | ||||||||||||
Other |
(3 | ) | (1 | ) | – | 2 | ||||||||||
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Balance at December 31 |
$ | 25,597 | $ | 22,919 | $ | 25,740 | $ | 23,269 | ||||||||
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