v3.25.4
Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Segment Results
2025
2024
2023
MedSurg and Neurotechnology
$15,647
$13,518
$12,163
Orthopaedics
$9,469
9,077
8,335
Net sales
$25,116
$22,595
$20,498
MedSurg and Neurotechnology
$5,859
$5,320
$4,876
Orthopaedics
$2,570
2,400
2,254
Cost of sales
$8,429
$7,720
$7,130
MedSurg and Neurotechnology
$948
$784
$702
Orthopaedics
$524
540
508
Segment research, development and
engineering expenses
$1,472
$1,324
$1,210
MedSurg and Neurotechnology
$3,931
$3,203
$2,934
Orthopaedics
$3,132
3,111
2,922
Segment selling, general and administrative
expenses
$7,063
$6,314
$5,856
MedSurg and Neurotechnology
$237
$208
$181
Orthopaedics
423
433
386
Segment depreciation and amortization
$660
$641
$567
Corporate and Other
178
162
139
Amortization of intangible assets
732
623
635
Total depreciation and amortization
$1,570
$1,426
$1,341
MedSurg and Neurotechnology
$4,672
$4,004
$3,470
Orthopaedics
2,820
2,591
2,265
Segment operating income
$7,492
$6,595
$5,735
Items not allocated to segments:
Corporate and Other
$(889)
$(880)
$(780)
Inventory stepped up to fair value
(173)
(46)
Acquisition and integration-related charges
(335)
(108)
(20)
Amortization of intangible assets
(732)
(623)
(635)
Structural optimization and other special
charges
(191)
(138)
(170)
Goodwill and other impairments
(170)
(977)
(36)
Medical device regulation
(38)
(58)
(96)
Recall-related matters
(58)
(40)
(18)
Regulatory and legal matters
(17)
(36)
(92)
Consolidated operating income
$4,889
$3,689
$3,888
Sales and Other Financial Information by Business Segment
Segment Assets and Capital Spending
Assets:
2025
2024
MedSurg and Neurotechnology
$27,647
$23,115
Orthopaedics
18,641
18,507
Total segment assets
$46,288
$41,622
Corporate and Other
1,556
1,349
Total assets
$47,844
$42,971
Purchases of property, plant and
equipment:
2025
2024
2023
Orthopaedics
$296
$230
$179
MedSurg and Neurotechnology
220
276
183
Total segment purchases of property,
plant and equipment
$516
$506
$362
Corporate and Other
245
249
213
Total purchases of property, plant and
equipment
$761
$755
$575
Geographic Information on Net Sales and Long-Lived Assets
Geographic Information
Net Sales
Net Property, Plant
and Equipment
2025
2024
2023
2025
2024
United States
$19,006
$16,943
$15,257
$2,084
$1,997
Europe, Middle
East, Africa
3,181
2,897
2,618
1,562
1,260
Asia Pacific
2,164
2,020
1,946
97
75
Other countries
765
735
677
133
116
Total
$25,116
$22,595
$20,498
$3,876
$3,448