Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of segment information - net sales and operating earnings


	Net Sales to External Customers								Operating Earnings
	Three Months				Six Months				Three Months				Six Months
	Ended June 30				Ended June 30				Ended June 30				Ended June 30
(in millions)	2021		2020		2021		2020		2021		2020		2021		2020
Established Pharmaceutical Products	$	1,180	$	1,013	$	2,250	$	2,057	$	220	$	206	$	389	$	387
Nutritional Products		2,108		1,883		4,144		3,787		490		474		957		933
Diagnostic Products		3,247		1,994		7,261		3,820		1,076		522		2,777		927
Medical Devices		3,666		2,423		6,986		5,360		1,208		391		2,215		1,194
Total Reportable Segments		10,201		7,313		20,641		15,024		2,994		1,593		6,338		3,441
Other		22		15		38		30
Net sales	$	10,223	$	7,328	$	20,679	$	15,054
Corporate functions and benefit plan costs										(132)		(106)		(246)		(238)
Net interest expense										(123)		(125)		(247)		(246)
Share-based compensation (a)										(132)		(115)		(420)		(348)
Amortization of intangible assets										(504)		(553)		(1,013)		(1,114)
Other, net (b)										(755)		(168)		(1,021)		(336)
Earnings from continuing operations before taxes									$	1,348	$	526	$	3,391	$	1,159

(a)

Approximately 50 percent of the annual net cost of share-based awards will typically be recognized in the first quarter due to the timing of the granting of share-based awards.

(b)

Other, net for the three and six months ended June 30, 2021 and 2020 includes integration costs associated with the acquisition of St. Jude Medical and Alere, and restructuring charges. 2021 restructuring charges include $499 million related to Abbott’s restructuring plan for its COVID-19 test manufacturing network. Other, net for the three and six months ended June 30, 2021 also includes costs related to certain litigation. Other, net for the three and six months ended June 30, 2020 also includes impairments of equity investments.