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Revenue | 9 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
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, 2023 and December 31, 2022 was $501 million and $538 million, respectively. Approximately $110 million and $460 million of the December 31, 2022 balance was recognized as revenue during the three and nine months ended September 30, 2023, respectively, while approximately $100 million and $440 million of the December 31, 2021 balance was recognized as revenue during the three and nine months ended September 30, 2022, respectively. Operating Lease Revenue: Net sales includes rental revenue from durable medical devices as part of operating lease arrangements (reported within the Medical Solutions Division), which was $154 million and $439 million during the three and nine months ended September 30, 2023, respectively, and $145 million and $429 million during the three and nine months ended September 30, 2022, respectively. 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 September 30, |  | Nine months ended September 30, |  |
Net Sales (Millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |  |  |
Abrasives |  | $ | 330 |  | $ | 339 |  | $ | 1,005 |  | $ | 1,014 |  |  |  |  |  |
Automotive Aftermarket |  | 316 |  | 316 |  | 933 |  | 900 |  |  |  |  |  |
Closure and Masking Systems |  | 240 |  | 266 |  | 726 |  | 794 |  |  |  |  |  |
Electrical Markets |  | 327 |  | 331 |  | 980 |  | 976 |  |  |  |  |  |
Industrial Adhesives and Tapes |  | 544 |  | 598 |  | 1,633 |  | 1,805 |  |  |  |  |  |
Personal Safety |  | 862 |  | 922 |  | 2,643 |  | 3,021 |  |  |  |  |  |
Roofing Granules |  | 132 |  | 122 |  | 375 |  | 359 |  |  |  |  |  |
Total Safety and Industrial Business Segment |  | 2,751 |  | 2,894 |  | 8,295 |  | 8,869 |  |  |  |  |  |
Advanced Materials |  | 274 |  | 297 |  | 880 |  | 909 |  |  |  |  |  |
Automotive and Aerospace |  | 507 |  | 437 |  | 1,446 |  | 1,325 |  |  |  |  |  |
Commercial Solutions |  | 430 |  | 459 |  | 1,317 |  | 1,361 |  |  |  |  |  |
Electronics |  | 738 |  | 813 |  | 2,124 |  | 2,599 |  |  |  |  |  |
Transportation Safety |  | 222 |  | 233 |  | 645 |  | 653 |  |  |  |  |  |
Total Transportation and Electronics Business Segment |  | 2,171 |  | 2,239 |  | 6,412 |  | 6,847 |  |  |  |  |  |
Food Safety |  | — |  | 63 |  | — |  | 244 |  |  |  |  |  |
Health Information Systems |  | 305 |  | 312 |  | 907 |  | 921 |  |  |  |  |  |
Medical Solutions |  | 1,179 |  | 1,150 |  | 3,463 |  | 3,447 |  |  |  |  |  |
Oral Care |  | 331 |  | 308 |  | 1,023 |  | 1,006 |  |  |  |  |  |
Separation and Purification Sciences |  | 242 |  | 235 |  | 721 |  | 757 |  |  |  |  |  |
Other Health Care |  | 16 |  |  | 8 |  | 44 |  |  | 8 |  |  |  |  |  |
Total Health Care Business Group |  | 2,073 |  | 2,076 |  | 6,158 |  | 6,383 |  |  |  |  |  |
Construction and Home Improvement Markets |  | 603 |  | 656 |  | 1,674 |  | 1,819 |  |  |  |  |  |
Home, Health and Auto Care |  | 391 |  | 418 |  | 1,219 |  | 1,283 |  |  |  |  |  |
Stationery and Office |  | 321 |  | 335 |  | 907 |  | 946 |  |  |  |  |  |
Total Consumer Business Group |  | 1,315 |  | 1,409 |  | 3,800 |  | 4,048 |  |  |  |  |  |
Corporate and Unallocated |  | 2 |  | 1 |  | 3 |  | 3 |  |  |  |  |  |
Total Company |  | $ | 8,312 |  | $ | 8,619 |  | $ | 24,668 |  | $ | 26,150 |  |  |  |  |  |
|  | Three months ended September 30, |  | Nine months ended September 30, |  |
Net Sales (Millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |  |  |
Americas |  | $ | 4,769 |  |  | $ | 4,741 |  |  | $ | 13,846 |  |  | $ | 13,930 |  |  |  |  |  |  |
Asia Pacific |  | 2,097 |  |  | 2,485 |  |  | 6,411 |  |  | 7,702 |  |  |  |  |  |  |
Europe, Middle East and Africa |  | 1,446 |  |  | 1,393 |  |  | 4,411 |  |  | 4,518 |  |  |  |  |  |  |
Worldwide |  | $ | 8,312 |  |  | $ | 8,619 |  |  | $ | 24,668 |  |  | $ | 26,150 |  |  |  |  |  |  |
Americas included United States net sales to customers of $3.9 billion and $11.3 billion for the three and nine months ended September 30, 2023, respectively, and $3.9 billion and $11.4 billion for the three and nine months ended September 30, 2022, respectively.

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- 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org//606/tableOfContent + Details
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