v3.26.1
RESTRUCTURING AND OTHER COSTS (Tables)
 3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Costs
Restructuring and other costs were recorded in the Consolidated Statements of Operations as follows:
Three Months Ended March 31,
(in millions)20262025
Selling, general, and administrative expenses— 1 
Restructuring and other costs67 9 
Total restructuring and other costs$67 $10 
Schedule of Restructuring Accruals
The liabilities associated with the Company’s restructuring plans are recorded in Accrued liabilities and Other noncurrent liabilities in the Consolidated Balance Sheets. Activity in the Company’s restructuring accruals at March 31, 2026 was as follows:
Severance
(in millions)2024 and Prior Plans2026 PlanOther ActionsTotal
Balance at December 31, 2025$3 $— $7 $10 
Provisions— 59 4 63 
Amounts applied(1)(3)(2)(6)
Balance at March 31, 2026$2 $56 $9 $67 
Other Restructuring Costs
(in millions)2024 and Prior Plans2026 PlanOther ActionsTotal
Balance at December 31, 2025$— $— $2 $2 
Provisions— 1 3 4 
Amounts applied— — (4)(4)
Balance at March 31, 2026$— $1 $1 $2 
Schedule of Company’s Segment Information
The Company’s reportable segment information was as follows:
Three Months Ended March 31,
(in millions)2026
Connected Technology SolutionsEssential Dental SolutionsOrthodontic and Implant SolutionsWellspect HealthcareTotal
Net sales$246 $350 $199 $85 $880 
Adjusted cost of products sold (a)
156 132 104 37 
Adjusted selling expenses (b)
53 69 54 14 
Adjusted general and administrative (“G&A”) expenses (b)
23 20 21 8 
Adjusted research and development (“R&D”) expenses (c)
20 8 12 3 
Segment adjusted operating income$(6)$121 $8 $23 $146 
Reconciling items (income) expense:
Unallocated corporate costs (d)
$72 
Interest expense, net24 
Other income(17)
Goodwill and intangible asset impairments— 
Restructuring and other costs67 
Amortization of intangibles42 
Depreciation resulting from the fair value step-up of property, plant, and equipment from business combinations— 
Loss before income taxes$(42)
(a) Adjusted cost of products sold represents expenses adjusted to exclude intangible amortization expense, step-up depreciation expense, and other restructuring costs.
(b) Adjusted selling and adjusted G&A expenses represent expenses adjusted to exclude intangible amortization expense, other acquisition costs, step-up depreciation expense, and other restructuring costs.
(c) Adjusted R&D expenses represent expenses adjusted to exclude other restructuring costs.
(d) Unallocated corporate costs consist of general corporate expenses including corporate headcount costs, depreciation and amortization, certain professional service fees, and other operating costs which are not assigned to a specific segment.
Three Months Ended March 31,
(in millions)2025
Connected Technology SolutionsEssential Dental SolutionsOrthodontic and Implant SolutionsWellspect HealthcareTotal
Net sales$235 $353 $217 $74 $879 
Adjusted cost of products sold (a)
135 124 93 27 
Adjusted selling expenses (b)
57 71 54 13 
Adjusted G&A expenses (b)
19 18 22 6 
Adjusted R&D expenses (c)
17 5 11 2 
Segment adjusted operating income$7 $135 $37 $26 $205 
Reconciling items (income) expense:
Unallocated corporate costs (d)
$87 
Interest expense, net19 
Restructuring and other costs9 
Amortization of intangibles45 
  Depreciation resulting from the fair value step-up of property, plant, and equipment from business combinations1 
Income before income taxes$44 
(a) Adjusted cost of products sold represents expenses adjusted to exclude intangible amortization expense, step-up depreciation expense, and other restructuring costs.
(b) Adjusted selling and adjusted G&A expenses represent expenses adjusted to exclude intangible amortization expense, other acquisition costs, step-up depreciation expense, and other restructuring costs.
(c) Adjusted R&D expenses represent expenses adjusted to exclude other restructuring costs.
(d) Unallocated corporate costs consist of general corporate expenses including corporate headcount costs, depreciation and amortization, certain professional service fees, and other operating costs which are not assigned to a specific segment.

Depreciation and Amortization
Three Months Ended March 31,
(in millions)20262025
Connected Technology Solutions$37 $43 
Essential Dental Solutions89 
Orthodontic and Implant Solutions2319 
Wellspect Healthcare52 
All other (a)66 
Total$79 $79 
(a) Includes unallocated corporate costs for depreciation and amortization.
The cumulative amounts for the provisions and adjustments and amounts applied for all the plans by segment were as follows:
(in millions)December 31, 2025ProvisionsAmounts
Applied		Change in EstimatesMarch 31, 2026
Connected Technology Solutions$1 $23 $(2)$— $22 
Essential Dental Solutions4 17 (3)— 18 
Orthodontic and Implant Solutions3 21 (4)— 20 
Wellspect Healthcare2 1 — — 3 
All Other2 5 (1)— 6 
Total$12 $67 $(10)$— $69