Segment and Geographic Data (Tables)


Segment Results
	Three Months		Six Months
	2026	2025	2026	2025
MedSurg and Neurotechnology	$3,625	$3,305	$6,832	$6,361
Orthopaedics	2,964	2,717	5,777	5,527
Net sales	$6,589	$6,022	$12,609	$11,888
MedSurg and Neurotechnology	$1,343	$1,264	$2,634	$2,438
Orthopaedics	822	767	1,661	1,556
Cost of sales	$2,165	$2,031	$4,295	$3,994
MedSurg and Neurotechnology	$255	$228	$486	$437
Orthopaedics	155	153	309	318
Segment research, development and engineering expenses	$410	$381	$795	$755
MedSurg and Neurotechnology	$945	$909	$1,873	$1,768
Orthopaedics	850	781	1,695	1,669
Segment selling, general and administrative expenses	$1,795	$1,690	$3,568	$3,437
MedSurg and Neurotechnology	$63	$58	$120	$114
Orthopaedics	129	116	258	230
Segment depreciation and amortization	$192	$174	$378	$344
Corporate and Other	$37	$26	$66	$53
Amortization of intangible assets	175	187	355	354
Total depreciation and amortization	$404	$387	$799	$751
MedSurg and Neurotechnology	$1,019	$846	$1,719	$1,604
Orthopaedics	1,008	900	1,854	1,754
Segment operating income	$2,027	$1,746	$3,573	$3,358
Items not allocated to segments:
Corporate and Other	$(220)	$(201)	$(495)	$(469)
Inventory stepped up to fair value	—	(65)	—	(99)
Acquisition and integration-related charges	(25)	(78)	(44)	(263)
Amortization of intangible assets	(175)	(187)	(355)	(354)
Structural optimization and other special charges	(95)	(11)	(213)	(52)
Goodwill and other impairments	(1)	(55)	(1)	(90)
Medical device regulation	(5)	(7)	(10)	(19)
Recall-related matters	(2)	(22)	(12)	(55)
Regulatory and legal matters	(3)	(7)	(6)	(7)
Reversal of 2025 tariffs	158	—	158	—
Consolidated operating income	$1,659	$1,113	$2,595	$1,950


Segment Capital Spending	Six Months
	2026	2025
Purchases of property, plant and equipment:
MedSurg and Neurotechnology	$155	$86
Orthopaedics	90	110
Total segment purchases of property, plant and equipment	$245	$196
Corporate and Other	123	110
Total purchases of property, plant and equipment	$368	$306

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details