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Revenue Recognition | 6 Months Ended
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Jun. 30, 2021
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 2020. 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 Months |  | Six Months
| 2021 | 2020 |  | 2021 | 2020
Orthopaedics: |  |  |  |  |
Knees | $ | 474 |  | $ | 241 |  |  | $ | 886 |  | $ | 673 |
Hips | 353 |  | 216 |  |  | 662 |  | 532 |
Trauma and Extremities | 674 |  | 330 |  |  | 1,314 |  | 722 |
Other | 127 |  | 107 |  |  | 250 |  | 189 |
| $ | 1,628 |  | $ | 894 |  |  | $ | 3,112 |  | $ | 2,116 |
MedSurg: |  |  |  |  |
Instruments | $ | 517 |  | $ | 328 |  |  | $ | 986 |  | $ | 841 |
Endoscopy | 518 |  | 316 |  |  | 987 |  | 771 |
Medical | 640 |  | 632 |  |  | 1,262 |  | 1,219 |
Sustainability | 73 |  | 48 |  |  | 134 |  | 115 |
| $ | 1,748 |  | $ | 1,324 |  |  | $ | 3,369 |  | $ | 2,946 |
Neurotechnology and Spine: |  |  |  |  |
Neurotechnology | $ | 611 |  | $ | 369 |  |  | $ | 1,181 |  | $ | 852 |
Spine | 307 |  | 177 |  |  | 585 |  | 438 |
| $ | 918 |  | $ | 546 |  |  | $ | 1,766 |  | $ | 1,290 |
Total | $ | 4,294 |  | $ | 2,764 |  |  | $ | 8,247 |  | $ | 6,352 |
Net Sales by Geography |  |  |  |  |
| Three Months 2021 |  | Three Months 2020
| United States | International |  | United States | International
Orthopaedics: |  |  |  |  |
Knees | $ | 349 |  | $ | 125 |  |  | $ | 179 |  | $ | 62 |
Hips | 221 |  | 132 |  |  | 140 |  | 76 |
Trauma and Extremities | 475 |  | 199 |  |  | 208 |  | 122 |
Other | 99 |  | 28 |  |  | 96 |  | 11 |
| $ | 1,144 |  | $ | 484 |  |  | $ | 623 |  | $ | 271 |
MedSurg: |  |  |  |  |
Instruments | $ | 401 |  | $ | 116 |  |  | $ | 249 |  | $ | 79 |
Endoscopy | 407 |  | 111 |  |  | 253 |  | 63 |
Medical | 488 |  | 152 |  |  | 454 |  | 178 |
Sustainability | 72 |  | 1 |  |  | 48 |  | — |
| $ | 1,368 |  | $ | 380 |  |  | $ | 1,004 |  | $ | 320 |
Neurotechnology and Spine: |  |  |  |  |
Neurotechnology | $ | 371 |  | $ | 240 |  |  | $ | 211 |  | $ | 158 |
Spine | 217 |  | 90 |  |  | 128 |  | 49 |
| $ | 588 |  | $ | 330 |  |  | $ | 339 |  | $ | 207 |
Total | $ | 3,100 |  | $ | 1,194 |  |  | $ | 1,966 |  | $ | 798 |
Net Sales by Geography |  |  |  |  |
| Six Months 2021 |  | Six Months 2020
| United States | International |  | United States | International
Orthopaedics: |  |  |  |  |
Knees | $ | 643 |  | $ | 243 |  |  | $ | 501 |  | $ | 172 |
Hips | 407 |  | 255 |  |  | 341 |  | 191 |
Trauma and Extremities | 915 |  | 399 |  |  | 468 |  | 254 |
Other | 193 |  | 57 |  |  | 165 |  | 24 |
| $ | 2,158 |  | $ | 954 |  |  | $ | 1,475 |  | $ | 641 |
MedSurg: |  |  |  |  |
Instruments | $ | 756 |  | $ | 230 |  |  | $ | 659 |  | $ | 182 |
Endoscopy | 761 |  | 226 |  |  | 617 |  | 154 |
Medical | 961 |  | 301 |  |  | 908 |  | 311 |
Sustainability | 132 |  | 2 |  |  | 114 |  | 1 |
| $ | 2,610 |  | $ | 759 |  |  | $ | 2,298 |  | $ | 648 |
Neurotechnology and Spine: |  |  |  |  |
Neurotechnology | $ | 706 |  | $ | 475 |  |  | $ | 512 |  | $ | 340 |
Spine | 410 |  | 175 |  |  | 324 |  | 114 |
| $ | 1,116 |  | $ | 650 |  |  | $ | 836 |  | $ | 454 |
Total | $ | 5,884 |  | $ | 2,363 |  |  | $ | 4,609 |  | $ | 1,743 |
Contract Assets and Liabilities On June 30, 2021 and December 31, 2020 contract assets recorded in our Consolidated Balance Sheets were not significant. 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 $476 and $416 on June 30, 2021 and December 31, 2020.

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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 -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=123351226&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=123351226&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=123351226&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=123351226&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=123351226&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=123351226&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=123351226&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=123351226&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=123351226&loc=SL49130554-203045 + Details
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