XML 20 R8.htm IDEA: XBRL DOCUMENT
v3.20.2

Revenue | 9 Months Ended
--- | ---
Sep. 30, 2020
Revenue |
Revenue | NOTE 2. Revenue ​ Contract Balances: Deferred revenue primarily relates to revenue that is recognized over time for one-year software license contracts. Deferred revenue (current portion) as of September 30, 2020 and December 31, 2019 was $390 million and $430 million, respectively. Approximately $100 million and $370 million of the December 31, 2019 balance was recognized as revenue during the three and nine months ended September 30, 2020, respectively, while approximately $80 million and $560 million of the December 31, 2018 balance was recognized as revenue during the three and nine months ended September 30, 2019, respectively. ​ Operating Lease Revenue: Net sales includes rental revenue from durable medical devices as part of operating lease arrangements, which was $153 million and $428 million during the three and nine months ended September 30, 2020. Applicable rental revenue for the three and nine months ended September 30, 2019 was not material. ​ ​ Disaggregated revenue information: The Company views the following disaggregated disclosures as useful to understanding the composition of revenue recognized during the respective reporting periods: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Nine months ended | ​
​ | ​ | September 30, | ​ | September 30, | ​
Net Sales (Millions) | ​ | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
Abrasives | ​ | $ | 290 | ​ | $ | 338 | ​ | $ | 863 | ​ | $ | 1,059 | ​
Automotive Aftermarket | ​ | ​ | 309 | ​ | ​ | 307 | ​ | ​ | 796 | ​ | ​ | 917 | ​
Closure and Masking Systems | ​ | ​ | 242 | ​ | ​ | 282 | ​ | ​ | 745 | ​ | ​ | 835 | ​
Electrical Markets | ​ | ​ | 285 | ​ | ​ | 299 | ​ | ​ | 829 | ​ | ​ | 912 | ​
Industrial Adhesives and Tapes | ​ | ​ | 647 | ​ | ​ | 684 | ​ | ​ | 1,873 | ​ | ​ | 2,041 | ​
Personal Safety | ​ | ​ | 1,136 | ​ | ​ | 812 | ​ | ​ | 3,221 | ​ | ​ | 2,653 | ​
Roofing Granules | ​ | ​ | 114 | ​ | ​ | 101 | ​ | ​ | 295 | ​ | ​ | 293 | ​
Other Safety and Industrial | ​ | ​ | 1 | ​ | ​ | 6 | ​ | ​ | 5 | ​ | ​ | 19 | ​
Total Safety and Industrial Business Segment | ​ | $ | 3,024 | ​ | $ | 2,829 | ​ | $ | 8,627 | ​ | $ | 8,729 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced Materials | ​ | $ | 246 | ​ | $ | 319 | ​ | $ | 770 | ​ | $ | 961 | ​
Automotive and Aerospace | ​ | ​ | 410 | ​ | ​ | 477 | ​ | ​ | 1,125 | ​ | ​ | 1,463 | ​
Commercial Solutions | ​ | ​ | 390 | ​ | ​ | 443 | ​ | ​ | 1,147 | ​ | ​ | 1,382 | ​
Electronics | ​ | ​ | 1,024 | ​ | ​ | 1,001 | ​ | ​ | 2,771 | ​ | ​ | 2,760 | ​
Transportation Safety | ​ | ​ | 245 | ​ | ​ | 260 | ​ | ​ | 678 | ​ | ​ | 741 | ​
Other Transportation and Electronics | ​ | ​ | (1) | ​ | ​ | — | ​ | ​ | (2) | ​ | ​ | (2) | ​
Total Transportation and Electronics Business Segment | ​ | $ | 2,314 | ​ | $ | 2,500 | ​ | $ | 6,489 | ​ | $ | 7,305 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Drug Delivery | ​ | $ | — | ​ | $ | 93 | ​ | $ | 146 | ​ | $ | 277 | ​
Food Safety | ​ | ​ | 82 | ​ | ​ | 86 | ​ | ​ | 252 | ​ | ​ | 254 | ​
Health Information Systems | ​ | ​ | 280 | ​ | ​ | 296 | ​ | ​ | 833 | ​ | ​ | 853 | ​
Medical Solutions | ​ | ​ | 1,251 | ​ | ​ | 745 | ​ | ​ | 3,472 | ​ | ​ | 2,319 | ​
Oral Care | ​ | ​ | 320 | ​ | ​ | 312 | ​ | ​ | 741 | ​ | ​ | 991 | ​
Separation and Purification Sciences | ​ | ​ | 221 | ​ | ​ | 191 | ​ | ​ | 639 | ​ | ​ | 602 | ​
Other Health Care | ​ | ​ | 6 | ​ | ​ | (2) | ​ | ​ | 5 | ​ | ​ | (6) | ​
Total Health Care Business Group | ​ | $ | 2,160 | ​ | $ | 1,721 | ​ | $ | 6,088 | ​ | $ | 5,290 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consumer Health Care | ​ | $ | 96 | ​ | $ | 97 | ​ | $ | 278 | ​ | $ | 295 | ​
Home Care | ​ | ​ | 268 | ​ | ​ | 243 | ​ | ​ | 796 | ​ | ​ | 747 | ​
Home Improvement | ​ | ​ | 686 | ​ | ​ | 612 | ​ | ​ | 1,863 | ​ | ​ | 1,729 | ​
Stationery and Office | ​ | ​ | 323 | ​ | ​ | 362 | ​ | ​ | 859 | ​ | ​ | 1,008 | ​
Other Consumer | ​ | ​ | 44 | ​ | ​ | 28 | ​ | ​ | 115 | ​ | ​ | 83 | ​
Total Consumer Business Group | ​ | $ | 1,417 | ​ | $ | 1,342 | ​ | $ | 3,911 | ​ | $ | 3,862 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Corporate and Unallocated | ​ | $ | — | ​ | $ | 28 | ​ | $ | (1) | ​ | $ | 98 | ​
Elimination of Dual Credit | ​ | ​ | (565) | ​ | ​ | (429) | ​ | ​ | (1,513) | ​ | ​ | (1,259) | ​
Total Company | ​ | $ | 8,350 | ​ | $ | 7,991 | ​ | $ | 23,601 | ​ | $ | 24,025 | ​
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2020 | ​
Net Sales (Millions) |  | Americas | ​ | Asia Pacific |  | Europe, Middle East and Africa |  | Other Unallocated |  | Worldwide | ​
Safety and Industrial | ​ | $ | 1,623 | ​ | $ | 706 | ​ | $ | 695 | ​ | $ | — | ​ | $ | 3,024 | ​
Transportation and Electronics | ​ |  | 640 | ​ |  | 1,357 | ​ |  | 317 | ​ |  | — | ​ |  | 2,314 | ​
Health Care | ​ | ​ | 1,335 | ​ | ​ | 377 | ​ | ​ | 448 | ​ | ​ | — | ​ | ​ | 2,160 | ​
Consumer | ​ |  | 1,032 | ​ |  | 231 | ​ |  | 154 | ​ |  | — | ​ |  | 1,417 | ​
Corporate and Unallocated | ​ |  | (1) | ​ |  | — | ​ |  | — | ​ |  | 1 | ​ |  | — | ​
Elimination of Dual Credit | ​ |  | (282) | ​ |  | (197) | ​ |  | (86) | ​ |  | — | ​ |  | (565) | ​
Total Company | ​ | $ | 4,347 | ​ | $ | 2,474 | ​ | $ | 1,528 | ​ | $ | 1 | ​ | $ | 8,350 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2020 | ​
Net Sales (Millions) |  | Americas | ​ | Asia Pacific |  | Europe, Middle East and Africa |  | Other Unallocated |  | Worldwide | ​
Safety and Industrial | ​ | $ | 4,509 | ​ | $ | 2,080 | ​ | $ | 2,038 | ​ | $ | — | ​ | $ | 8,627 | ​
Transportation and Electronics | ​ |  | 1,847 | ​ |  | 3,709 | ​ |  | 933 | ​ |  | — | ​ |  | 6,489 | ​
Health Care | ​ | ​ | 3,690 | ​ | ​ | 1,091 | ​ | ​ | 1,307 | ​ | ​ | — | ​ | ​ | 6,088 | ​
Consumer | ​ |  | 2,801 | ​ |  | 699 | ​ |  | 411 | ​ |  | — | ​ |  | 3,911 | ​
Corporate and Unallocated | ​ |  | (1) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (1) | ​
Elimination of Dual Credit | ​ |  | (724) | ​ |  | (550) | ​ |  | (239) | ​ |  | — | ​ |  | (1,513) | ​
Total Company | ​ | $ | 12,122 | ​ | $ | 7,029 | ​ | $ | 4,450 | ​ | $ | — | ​ | $ | 23,601 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2019 | ​
Net Sales (Millions) |  | Americas | ​ | Asia Pacific |  | Europe, Middle East and Africa |  | Other Unallocated |  | Worldwide | ​
Safety and Industrial | ​ | $ | 1,497 | ​ | $ | 706 | ​ | $ | 626 | ​ | $ | — | ​ | $ | 2,829 | ​
Transportation and Electronics | ​ |  | 749 | ​ |  | 1,388 | ​ |  | 362 | ​ |  | 1 | ​ |  | 2,500 | ​
Health Care | ​ | ​ | 973 | ​ | ​ | 360 | ​ | ​ | 388 | ​ | ​ | — | ​ | ​ | 1,721 | ​
Consumer | ​ |  | 975 | ​ |  | 228 | ​ |  | 140 | ​ |  | (1) | ​ |  | 1,342 | ​
Corporate and Unallocated | ​ |  | 27 | ​ |  | 1 | ​ |  | 1 | ​ |  | (1) | ​ |  | 28 | ​
Elimination of Dual Credit | ​ |  | (185) | ​ |  | (193) | ​ |  | (52) | ​ |  | 1 | ​ |  | (429) | ​
Total Company | ​ | $ | 4,036 | ​ | $ | 2,490 | ​ | $ | 1,465 | ​ | $ | — | ​ | $ | 7,991 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2019 | ​
Net Sales (Millions) |  | Americas | ​ | Asia Pacific |  | Europe, Middle East and Africa |  | Other Unallocated |  | Worldwide | ​
Safety and Industrial | ​ | $ | 4,532 | ​ | $ | 2,165 | ​ | $ | 2,033 | ​ | $ | (1) | ​ | $ | 8,729 | ​
Transportation and Electronics | ​ |  | 2,256 | ​ |  | 3,912 | ​ |  | 1,137 | ​ |  | — | ​ |  | 7,305 | ​
Health Care | ​ | ​ | 2,916 | ​ | ​ | 1,121 | ​ | ​ | 1,253 | ​ | ​ | — | ​ | ​ | 5,290 | ​
Consumer | ​ |  | 2,723 | ​ |  | 718 | ​ |  | 422 | ​ |  | (1) | ​ |  | 3,862 | ​
Corporate and Unallocated | ​ |  | 97 | ​ |  | 1 | ​ |  | 1 | ​ |  | (1) | ​ |  | 98 | ​
Elimination of Dual Credit | ​ |  | (562) | ​ |  | (534) | ​ |  | (164) | ​ |  | 1 | ​ |  | (1,259) | ​
Total Company | ​ | $ | 11,962 | ​ | $ | 7,383 | ​ | $ | 4,682 | ​ | $ | (2) | ​ | $ | 24,025 | ​
​ ​ ​ Americas included United States net sales to customers of $3.7 billion and $3.3 billion for the three months ended September 30, 2020 and 2019, respectively, and $10.2 billion and $9.7 billion for the nine months ended September 30, 2020 and 2019, respectively.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration