v3.26.1
Segment Data (Tables)
 6 Months Ended
Jun. 27, 2026
Segment Data [Abstract]  
Business Segment Information
Three Months Ended
Six Months Ended
June 27,
June 28,
June 27,
June 28,
2026
2025
2026
2025
Gross Sales:
Global Distribution and Value
-Added Services
(1)
$
2,911
$
2,731
$
5,750
$
5,407
Global Specialty Products
(2)
419
386
816
753
Global Technology
(3)
181
167
354
329
Total Gross Sales
3,511
3,284
6,920
6,489
Less: Eliminations:
Global Distribution and Value
-Added Services
(6)
(4)
(9)
(8)
Global Specialty Products
(47)
(40)
(85)
(73)
Global Technology
-
-
-
-
Total Eliminations
(53)
(44)
(94)
(81)
Net Sales:
Global Distribution and Value
-Added Services
2,905
2,727
5,741
5,399
Global Specialty Products
372
346
731
680
Global Technology
181
167
354
329
Total Net Sales
3,458
3,240
6,826
6,408
Segment Cost of Sales:
(4)
Global Distribution and Value
-Added Services
2,167
2,043
4,274
4,038
Global Specialty Products
186
175
363
336
Global Technology
55
53
109
105
Segment Operating Expenses:
(5)
Global Distribution and Value
-Added Services
563
529
1,112
1,043
Global Specialty Products
171
159
333
309
Global Technology
77
69
150
137
Operating Income:
Global Distribution and Value
-Added Services
181
159
364
326
Global Specialty Products
62
52
120
108
Global Technology
49
45
95
87
Total Segment Operating Income
292
256
579
521
Corporate, net
(42)
(31)
(76)
(66)
Adjustments
(6)
(79)
(74)
(150)
(129)
Total Operating Income
$
171
$
151
$
353
$
326
Three Months Ended
Six Months Ended
June 27,
June 28,
June 27,
June 28,
2026
2025
2026
2025
Depreciation and Amortization:
Global Distribution and Value
-Added Services
$
7
$
7
$
14
$
13
Global Specialty Products
9
9
18
17
Global Technology
11
9
21
17
Total Segment Depreciation and Amortization
27
25
53
47
Corporate
11
7
21
15
Acquisition intangible amortization within
adjustments
(6)
46
44
91
87
Total Depreciation and Amortization
$
84
$
76
$
165
$
149
Global Distribution and Value
-Added Services: Includes distribution of infection-control products, handpieces, preventatives,
impression materials, composites, anesthetics, teeth, gypsum, acrylics, articulators, abrasives, personal protective equipment
(“PPE”) products,
branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, dental chairs, delivery units
and lights, digital dental laboratories, X-ray supplies and equipment, high-tech and digital restoration equipment, equipment repair
services, financial services on a non-recourse basis, continuing education services for practitioners, consulting and other services.
This segment also markets and sells under our own corporate brand a portfolio of cost-effective, high-quality consumable
merchandise.
(2)
Global Specialty Products: Includes manufacturing, marketing and sales of dental implant and biomaterial products; and
endodontic, orthodontic and orthopedic products and other health care-related products and services.
(3)
Global Technology: Includes development and distribution of practice management software, e-services and other products, which
are distributed to health care providers.
(4)
Cost of goods sold in our Global Distribution and Value-Added Services segment and our Global Specialty Products segment
includes product cost and inbound and outbound freight charges.
Cost of goods sold in our Global Technology segment consists
primarily of software development and third-party provider costs, including technology use and hosting fees.
(5)
Significant segment operating expenses for our reportable segments and Corporate include primarily compensation costs, and to a
lesser extent, rent, depreciation and maintenance costs related to operating our facilities.
Adjustments represent items excluded from segment operating income to enable comparison of financial results between periods.
The following table presents a breakdown of such adjustments:
Three Months Ended
Six Months Ended
June 27,
June 28,
June 27,
June 28,
2026
2025
2026
2025
Adjustments:
Restructuring and related costs
$
(29)
$
(23)
$
(41)
$
(48)
Acquisition intangible amortization
(46)
(44)
(91)
(87)
Cyber incident-insurance proceeds, net of third-party advisory
expenses
-
-
-
20
Change in contingent consideration
2
-
1
2
Litigation settlements
-
(1)
-
(1)
Impairment of intangible assets
-
-
-
(1)
Costs associated with shareholder advisory matters and select
implementation related value creation consulting costs
(6)
(6)
(19)
(14)
Total adjustments
$
(79)
$
(74)
$
(150)
$
(129)