v3.26.1
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
$13,692
$11,753
$10,558
Orthopaedics
$11,424
10,842
9,940
Net sales
$25,116
$22,595
$20,498
MedSurg and Neurotechnology
$5,253
$4,748
$4,338
Orthopaedics
$3,248
3,030
2,834
Cost of sales
$8,501
$7,778
$7,172
MedSurg and Neurotechnology
$890
$739
$663
Orthopaedics
$615
621
578
Segment research, development and
engineering expenses
$1,505
$1,360
$1,241
MedSurg and Neurotechnology
$3,618
$2,912
$2,667
Orthopaedics
$3,291
3,250
3,066
Segment selling, general and administrative
expenses
$6,909
$6,162
$5,733
MedSurg and Neurotechnology
$231
$211
$195
Orthopaedics
478
489
422
Segment depreciation and amortization
$709
$700
$617
Corporate and Other
125
109
98
Amortization of intangible assets
732
623
635
Total depreciation and amortization
$1,566
$1,432
$1,350
MedSurg and Neurotechnology
$3,700
$3,143
$2,695
Orthopaedics
3,792
3,452
3,040
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 Capital Spending
Purchases of property, plant and
equipment:
2025
2024
2023
Orthopaedics
$351
$340
$225
MedSurg and Neurotechnology
165
166
137
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