v3.26.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Reconciliation of Segment Information to Total Consolidated Information
Presented in the table below is segment information for the periods identified and a reconciliation of segment information to total consolidated information.
Three Months Ended September 30, 2026
(In millions)
Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$2,215.9 $702.6 $287.1 $529.1 $3,734.7 
Other revenues
8.9 — 3.9 2.0 14.8 
Total revenues
$2,224.8 $702.6 $291.0 $531.1 $3,749.5 
Less:
Cost of sales
997.7 79.4 180.7 240.0 
Selling, general and administration
226.1 138.8 42.1 68.9 
Segment profit
$1,001.0 $484.4 $68.2 $222.2 $1,775.8 
Reconciliation of segment profit:
Intangible asset amortization expense
(558.3)
Intangible asset (including IPR&D) impairment charges(48.5)
Research and development
(231.7)
Acquired IPR&D
(5.0)
Litigation settlements and other contingencies, net11.0 
Transaction related and other special items
(256.3)
Corporate and other unallocated
(425.5)
Earnings from operations$261.5 
Nine Months Ended September 30, 2026
(In millions)Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$6,430.4 $2,096.5 $856.6 $1,606.8 $10,990.3 
Other revenues
23.4 — 4.1 5.5 33.0 
Total revenues
$6,453.8 $2,096.5 $860.7 $1,612.3 $11,023.3 
Less:
Cost of sales
3,046.3 227.7 535.4 696.7 
Selling, general and administration
688.4 377.6 116.1 214.4 
Segment profit$2,719.1 $1,491.2 $209.2 $701.2 $5,120.7 
Reconciliation of segment profit:
Intangible asset amortization expense
(1,714.8)
Intangible asset (including IPR&D) impairment charges(55.9)
Research and development
(728.6)
Acquired IPR&D
(5.2)
Litigation settlements and other contingencies, net
(115.7)
Transaction related and other special items
(1,075.7)
Corporate and other unallocated
(1,236.7)
Earnings from operations$188.1 
Three Months Ended September 30, 2025
(In millions)
Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$2,255.6 $615.2 $306.3 $570.4 $3,747.5 
Other revenues
10.0 — 1.0 1.4 12.4 
Total revenues
$2,265.6 $615.2 $307.3 $571.8 $3,759.9 
Less:
Cost of sales
1,092.5 65.4 199.2 264.6 
Selling, general and administration
229.0 133.0 37.9 73.6 
Segment profit
$944.1 $416.8 $70.2 $233.6 $1,664.7 
Reconciliation of segment profit:
Intangible asset amortization expense
(593.4)
Research and development
(250.4)
Litigation settlements and other contingencies, net(55.7)
Transaction related and other special items
(205.6)
Corporate and other unallocated
(380.8)
Earnings from operations$178.8 
Nine Months Ended September 30, 2025
(In millions)Developed MarketsGreater ChinaJANZEmerging MarketsTotal Reportable Segments
Net sales
$6,266.6 $1,759.6 $888.1 $1,645.4 $10,559.7 
Other revenues
27.2 — 3.0 6.4 36.6 
Total revenues
$6,293.8 $1,759.6 $891.1 $1,651.8 $10,596.3 
Less:
Cost of sales
3,023.3 188.7 557.4 717.8 
Selling, general and administration
712.8 367.6 117.6 226.3 
Segment profit$2,557.7 $1,203.3 $216.1 $707.7 $4,684.8 
Reconciliation of segment profit:
Intangible asset amortization expense
(1,747.9)
Intangible asset (including IPR&D) impairment charges(2.2)
Impairment of goodwill
(2,936.8)
Research and development
(691.2)
Acquired IPR&D
(10.0)
Litigation settlements and other contingencies, net
65.4 
Transaction related and other special items
(674.9)
Corporate and other unallocated
(1,157.6)
Loss from operations
$(2,470.4)