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Revenue Recognition
 6 Months Ended
Jun. 30, 2022
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 2021.
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 MonthsSix Months
2022202120222021
MedSurg and Neurotechnology:
Instruments$563 $517 $1,091 $986 
Endoscopy600 518 1,138 987 
Medical666 640 1,330 1,262 
Neurovascular306 301 607 590 
Neuro Cranial337 310 660 591 
Other77 73 146 134 
$2,549 $2,359 $4,972 $4,550 
Orthopaedics and Spine:
Knees$500 $474 $964 $886 
Hips364 353 691 662 
Trauma and Extremities676 674 1,361 1,314 
Spine290 307 569 585 
Other114 127 211 250 
$1,944 $1,935 $3,796 $3,697 
Total$4,493 $4,294 $8,768 $8,247 
Net Sales by Geography
Three Months 2022Three Months 2021
United StatesInternationalUnited StatesInternational
MedSurg and Neurotechnology:
Instruments$451 $112 $401 $116 
Endoscopy473 127 407 111 
Medical536 130 488 152 
Neurovascular113 193 115 186 
Neuro Cranial281 56 256 54 
Other75 2 72 1 
$1,929 $620 $1,739 $620 
Orthopaedics and Spine:
Knees$368 $132 $349 $125 
Hips230 134 221 132 
Trauma and Extremities489 187 475 199 
Spine209 81 217 90 
Other86 28 99 28 
$1,382 $562 $1,361 $574 
Total$3,311 $1,182 $3,100 $1,194 
Net Sales by Geography
Six Months 2022Six Months 2021
United StatesInternationalUnited StatesInternational
MedSurg and Neurotechnology:
Instruments$865 $226 $756 $230 
Endoscopy891 247 761 226 
Medical1,061 269 961 301 
Neurovascular223 384 226 364 
Neuro Cranial545 115 480 111 
Other143 3 132 2 
$3,728 $1,244 $3,316 $1,234 
Orthopaedics and Spine:
Knees$713 $251 $643 $243 
Hips432 259 407 255 
Trauma and Extremities976 385 915 399 
Spine409 160 410 175 
Other158 53 193 57 
$2,688 $1,108 $2,568 $1,129 
Total$6,416 $2,352 $5,884 $2,363 
Contract Assets and Liabilities
On June 30, 2022 and December 31, 2021 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 $640 and $529 on June 30, 2022 and December 31, 2021.