(In millions of dollars) | 2016 | 2015 | |||||
Balance as of January 1, as reported | $ | 7,889 | $ | 7,241 | |||
Goodwill acquired | 556 | 783 | |||||
Other adjustments(a) | (76 | ) | (135 | ) | |||
Balance at December 31, | $ | 8,369 | $ | 7,889 |
(a) | Primarily due to the impact of foreign exchange in both years. |