| Disclosure of segment information |
Net sales and other revenues by segment | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | ($ millions) | | 2026 | 2025 | | 2026 | 2025 | | Surgical | | | | | | | | Implantables | | 466 | | 456 | | | 904 | | 876 | | | Consumables | | 825 | | 777 | | | 1,594 | | 1,489 | | | Equipment/other | | 279 | | 222 | | | 532 | | 421 | | | Total Surgical net sales | | 1,570 | | 1,455 | | | 3,030 | | 2,786 | | | Vision Care | | | | | | | | Contact lenses | | 726 | | 692 | | | 1,464 | | 1,380 | | | Ocular health | | 486 | | 430 | | | 973 | | 862 | | | Total Vision Care net sales | | 1,212 | | 1,122 | | | 2,437 | | 2,242 | | | Total net sales | | 2,782 | | 2,577 | | | 5,467 | | 5,028 | | | Surgical other revenues | | 1 | | — | | | 2 | | 1 | | Vision Care other revenues | | 40 | | 19 | | | 60 | | 40 | | | Total other revenues | | 41 | | 19 | | | 62 | | 41 | | | Total net sales and other revenues | | 2,823 | | 2,596 | | | 5,529 | 5,069 | |
Segment contribution and reconciliation to (loss)/income before taxes The below table summarizes segment contribution, including material items of income and expense and includes a reconciliation of segment contribution to (Loss)/income before taxes. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Surgical | | Vision Care | | Not allocated to segments | | Total | | Three months ended June 30 | | Three months ended June 30 | | Three months ended June 30 | | Three months ended June 30 | | ($ millions) | 2026 | 2025 | | 2026 | 2025 | | 2026 | 2025 | | 2026 | 2025 | | Net sales | 1,570 | | 1,455 | | | 1,212 | | 1,122 | | | — | | — | | | 2,782 | | 2,577 | | | Other revenues | 1 | | — | | | 40 | | 19 | | | — | | — | | | 41 | | 19 | | | | | | | | | | | | | | | Cost of net sales | (600) | | (553) | | | (393) | | (416) | | | (137) | | (227) | | | (1,130) | | (1,196) | | | Cost of other revenues | (1) | | — | | | (17) | | (12) | | | — | | — | | | (18) | | (12) | | | | | | | | | | | | | | | Selling, general & administration | (428) | | (372) | | | (455) | | (415) | | | (81) | | (83) | | | (964) | | (870) | | | Research & development | (150) | | (152) | | | (104) | | (90) | | | (409) | | (3) | | | (663) | | (245) | | | | | | | | | | | | | | | | | | | | | | | | | | | Other income | — | | — | | | — | | — | | | 6 | | 5 | | | 6 | | 5 | | | Other expense | — | | — | | | — | | — | | | (43) | | (31) | | | (43) | | (31) | | | Segment contribution and Operating income | 392 | | 378 | | | 283 | | 208 | | | (664) | | (339) | | | 11 | | 247 | | | Interest expense | | | | | | | (53) | | (51) | | | (53) | | (51) | | | Other financial income & expense | | | | | | | — | | 4 | | | — | | 4 | | | Share of loss from associated companies | | | | | | | (4) | | (1) | | | (4) | | (1) | | | (Loss)/income before taxes | | | | | | | | | | (46) | | 199 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Surgical | | Vision Care | | Not allocated to segments | | Total | | Six months ended June 30 | | Six months ended June 30 | | Six months ended June 30 | | Six months ended June 30 | | ($ millions) | 2026 | 2025 | | 2026 | 2025 | | 2026 | 2025 | | 2026 | 2025 | | Net sales | 3,030 | | 2,786 | | | 2,437 | | 2,242 | | | — | | — | | | 5,467 | | 5,028 | | | Other revenues | 2 | | 1 | | | 60 | | 40 | | | — | | — | | | 62 | | 41 | | | | | | | | | | | | | | | Cost of net sales | (1,163) | | (1,049) | | | (816) | | (813) | | | (314) | | (405) | | | (2,293) | | (2,267) | | | Cost of other revenues | (2) | | (1) | | | (34) | | (30) | | | — | | — | | | (36) | | (31) | | | | | | | | | | | | | | | Selling, general & administration | (814) | | (728) | | | (869) | | (788) | | | (163) | | (167) | | | (1,846) | | (1,683) | | | Research & development | (294) | | (295) | | | (201) | | (162) | | | (413) | | (10) | | | (908) | | (467) | | | | | | | | | | | | | | | | | | | | | | | | | | | Other income | — | | — | | | — | | — | | | 17 | | 154 | | | 17 | | 154 | | | Other expense | — | | — | | | — | | — | | | (160) | | (60) | | | (160) | | (60) | | | Segment contribution and Operating income | 759 | | 714 | | | 577 | | 489 | | | (1,033) | | (488) | | | 303 | | 715 | | | Interest expense | | | | | | | (105) | | (100) | | | (105) | | (100) | | | Other financial income & expense | | | | | | | 2 | | 13 | | | 2 | | 13 | | | Share of loss from associated companies | | | | | | | (6) | | (15) | | | (6) | | (15) | | | Income before taxes | | | | | | | | | | 194 | | 613 | |
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| Disclosure of net sales by region |
Net sales by region(1) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | ($ millions unless indicated otherwise) | 2026 | 2025 | | 2026 | 2025 | | United States | 1,241 | | 45 | % | 1,160 | | 45 | % | | 2,469 | | 45 | % | 2,297 | | 46 | % | | International | 1,541 | | 55 | % | 1,417 | | 55 | % | | 2,998 | | 55 | % | 2,731 | | 54 | % | | Net sales | 2,782 | | 100 | % | 2,577 | | 100 | % | | 5,467 | | 100 | % | 5,028 | | 100 | % |
(1) Net sales by location of third-party customer.
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