v3.22.4
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Financial information for our segments is as follows:
for the years ended December 31 (in millions)202220212020
Net sales:   
Americas$6,710 $6,666 $6,321 
EMEA2,879 3,115 2,877 
APAC2,585 2,791 2,475 
Hillrom2,939 212 — 
Total net sales$15,113 $12,784 $11,673 
Operating income (loss):
Americas$2,384 $2,612 $2,389 
EMEA607 632 523 
APAC623 623 591 
Hillrom730 (80)— 
Total segment operating income $4,344 $3,787 $3,503 
Depreciation Expense:
Americas$236 $257 $249 
EMEA134 147 150 
APAC103 98 94 
Hillrom95 — 
Corporate and other82 86 108 
Total depreciation expense$650 $592 $601 
Capital expenditures:
Americas$339 $394 $380 
EMEA125 156 157 
APAC81 82 103 
Hillrom65 — 
Corporate and other78 72 84 
Total capital expenditures$688 $709 $724 
Reconciliation of Segment Operating Income To Income Before Income Taxes The following table is a reconciliation of segment operating income to income (loss) before income taxes per the consolidated statements of income (loss).
for the years ended December 31 (in millions)202220212020
Total segment operating income$4,344 $3,787 $3,503 
Corporate and other(6,287)(2,077)(1,887)
Total operating income (loss)(1,943)1,710 1,616 
Net interest expense395 192 134 
Other (income) expense, net15 41 190 
Income (loss) before income taxes$(2,353)$1,477 $1,292 
Geographic Information
Geographic information
for the years ended December 31 (in millions)202220212020
Net sales:   
United States$7,223 $5,180 $4,878 
Latin America and Canada1,429 1,249 1,191 
EMEA3,709 3,552 3,129 
APAC2,752 2,803 2,475 
Total net sales$15,113 $12,784 $11,673 
as of December 31 (in millions)20222021
Property, plant and equipment and operating lease right-of-use assets, net:  
United States$2,254 $2,337 
EMEA1,452 1,576 
APAC894 978 
Latin America and Canada929 917 
Total property, plant and equipment and operating lease right-of-use assets, net$5,529 $5,808