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Revenue Recognition
9 Months Ended
Sep. 30, 2020
Revenue Recognition [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Our policies for recognizing sales have not changed from those described in our Annual Report on Form 10-K for 2019.
We disaggregate our net sales by product line and geographic location for each of our segments as we believe it best depicts how the nature, amount, timing and certainty of our net sales and cash flows are affected by economic factors.
Net Sales by Product Line
Three MonthsNine Months
2020201920202019
Orthopaedics:
Knees$435 $426 $1,108 $1,305 
Hips334 332 866 1,011 
Trauma and Extremities430 407 1,152 1,197 
Other118 97 307 272 
$1,317 $1,262 $3,433 $3,785 
MedSurg:
Instruments$467 $452 $1,308 $1,417 
Endoscopy467 474 1,238 1,424 
Medical600 554 1,819 1,627 
Sustainability66 72 181 212 
$1,600 $1,552 $4,546 $4,680 
Neurotechnology and Spine:
Neurotechnology$518 $490 $1,370 $1,443 
Spine302 283 740 845 
$820 $773 $2,110 $2,288 
Total$3,737 $3,587 $10,089 $10,753 
Net Sales by Geography
Three Months 2020Three Months 2019
United StatesInternationalUnited StatesInternational
Orthopaedics:
Knees$332 $103 $318 $108 
Hips223 111 211 121 
Trauma and Extremities285 145 262 145 
Other97 21 81 16 
$937 $380 $872 $390 
MedSurg:
Instruments$369 $98 $357 $95 
Endoscopy380 87 377 97 
Medical455 145 442 112 
Sustainability65 71 
$1,269 $331 $1,247 $305 
Neurotechnology and Spine:
Neurotechnology$323 $195 $316 $174 
Spine219 83 209 74 
$542 $278 $525 $248 
Total$2,748 $989 $2,644 $943 
Net Sales by Geography
Nine Months 2020Nine Months 2019
United StatesInternationalUnited StatesInternational
Orthopaedics:
Knees$833 $275 $962 $343 
Hips564 302 643 368 
Trauma and Extremities753 399 768 429 
Other262 45 223 49 
$2,412 $1,021 $2,596 $1,189 
MedSurg:
Instruments$1,028 $280 $1,121 $296 
Endoscopy997 241 1,136 288 
Medical1,363 456 1,288 339 
Sustainability179 210 
$3,567 $979 $3,755 $925 
Neurotechnology and Spine:
Neurotechnology$835 $535 $929 $514 
Spine543 197 638 207 
$1,378 $732 $1,567 $721 
Total$7,357 $2,732 $7,918 $2,835 
Contract Assets and Liabilities
On September 30, 2020 there were no contract assets recorded on our Consolidated Balance Sheets.
Our contract liabilities arise as a result of consideration received from customers at inception of contracts for certain businesses or where the timing of billing for services precedes satisfaction of our performance obligations. We generally satisfy performance obligations within one year from the contract inception date. Our contract liabilities were $389 and $313 on September 30, 2020 and December 31, 2019.