v3.25.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Reconciliation of Segment Information to Total Consolidated Information
Presented in the table below is segment information for the periods identified and a reconciliation of segment information to total consolidated information.
Three Months Ended March 31, 2025
(In millions)Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$1,891.7 $555.5 $276.1 $519.9 $3,243.2 
Other revenues
6.9 — 1.0 3.2 11.1 
Total revenues
$1,898.6 $555.5 $277.1 $523.1 $3,254.3 
Less:
Cost of sales
926.2 60.8 176.5 212.8 1,376.3 
Selling, general and administration
234.3 110.0 38.4 74.3 457.0 
Segment profit
$738.1 $384.7 $62.2 $236.0 $1,421.0 
Reconciliation of segment profit:
Intangible asset amortization expense
(571.2)
Impairment of goodwill
(2,936.8)
Research and development
(222.0)
Acquired IPR&D
(10.0)
Litigation settlements and other contingencies, net
73.5 
Transaction related and other special items
(256.5)
Corporate and other unallocated
(380.2)
Loss from operations
$(2,882.2)

Three Months Ended March 31, 2024
(In millions)Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$2,165.4 $543.9 $317.8 $626.4 $3,653.5 
Other revenues
7.2 — 0.3 2.4 9.9 
Total revenues
$2,172.6 $543.9 $318.1 $628.8 $3,663.4 
Less:
Cost of sales
976.4 61.2 189.4 265.3 1,492.3 
Selling, general and administration
282.9 116.4 41.4 84.0 524.7 
Segment profit
$913.3 $366.3 $87.3 $279.5 $1,646.4 
Reconciliation of segment profit:
Intangible asset amortization expense
(601.0)
Research and development
(199.7)
Acquired IPR&D
(6.1)
Litigation settlements and other contingencies, net
(76.8)
Transaction related and other special items
(202.3)
Corporate and other unallocated
(356.6)
Earnings from operations$203.9