v3.26.3
Segment and Geographic Data (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated
Segment Results
Three Months
Nine Months
2026
2025
2026
2025
MedSurg and Neurotechnology
$3,664
$3,355
$10,496
$9,716
Orthopaedics
2,856
2,702
8,633
8,229
Net sales
$6,520
$6,057
$19,129
$17,945
MedSurg and Neurotechnology
$1,367
$1,294
$4,001
$3,732
Orthopaedics
818
769
2,479
2,325
Cost of sales
$2,185
$2,063
$6,480
$6,057
MedSurg and Neurotechnology
$242
$229
$728
$666
Orthopaedics
161
158
470
476
Segment research, development and
engineering expenses
$403
$387
$1,198
$1,142
MedSurg and Neurotechnology
$944
$902
$2,817
$2,670
Orthopaedics
855
776
2,550
2,445
Segment selling, general and
administrative expenses
$1,799
$1,678
$5,367
$5,115
MedSurg and Neurotechnology
$59
$56
$179
$170
Orthopaedics
131
123
389
353
Segment depreciation and
amortization
$190
$179
$568
$523
Corporate and Other
$32
$34
$98
$87
Amortization of intangible assets
175
189
530
543
Total depreciation and amortization
$397
$402
$1,196
$1,153
MedSurg and Neurotechnology
$1,052
$874
$2,771
$2,478
Orthopaedics
891
876
2,745
2,630
Segment operating income
$1,943
$1,750
$5,516
$5,108
Items not allocated to segments:
Corporate and Other
$(237)
$(200)
$(732)
$(669)
Inventory stepped up to fair value
—
(61)
—
(160)
Acquisition and integration-related
charges
(17)
(39)
(61)
(302)
Amortization of intangible assets
(175)
(189)
(530)
(543)
Structural optimization and other special
charges
(153)
(41)
(366)
(93)
Goodwill and other impairments
(293)
(73)
(294)
(163)
Medical device regulation
(6)
(11)
(16)
(30)
Recall-related matters
4
(1)
(8)
(56)
Regulatory and legal matters
(32)
—
(38)
(7)
Reversal of 2025 tariffs
—
—
158
—
Consolidated operating income
$1,034
$1,135
$3,629
$3,085
Sales and Other Financial Information by Business Segment
Segment Capital Spending
Nine Months
2026
2025
Purchases of property, plant and
equipment:
MedSurg and Neurotechnology
$196
$134
Orthopaedics
208
188
Total segment purchases of property, plant
and equipment
$404
$322
Corporate and Other
201
171
Total purchases of property, plant and
equipment
$605
$493