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Revenue Recognition
 9 Months Ended
Sep. 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 MonthsNine Months
2022202120222021
MedSurg and Neurotechnology:
Instruments$535 $525 $1,626 $1,511 
Endoscopy590 525 1,728 1,512 
Medical765 636 2,095 1,898 
Neurovascular294 295 901 885 
Neuro Cranial332 299 992 890 
Other72 69 218 203 
$2,588 $2,349 $7,560 $6,899 
Orthopaedics and Spine:
Knees$481 $439 $1,445 $1,325 
Hips347 328 1,038 990 
Trauma and Extremities672 639 2,033 1,953 
Spine280 282 849 867 
Other111 123 322 373 
$1,891 $1,811 $5,687 $5,508 
Total$4,479 $4,160 $13,247 $12,407 
Net Sales by Geography
Three Months 2022Three Months 2021
United StatesInternationalUnited StatesInternational
MedSurg and Neurotechnology:
Instruments$425 $110 $415 $110 
Endoscopy480 110 418 107 
Medical625 140 496 140 
Neurovascular110 184 113 182 
Neuro Cranial274 58 244 55 
Other71 1 68 1 
$1,985 $603 $1,754 $595 
Orthopaedics and Spine:
Knees$365 $116 $321 $118 
Hips225 122 199 129 
Trauma and Extremities494 178 447 192 
Spine206 74 201 81 
Other85 26 97 26 
$1,375 $516 $1,265 $546 
Total$3,360 $1,119 $3,019 $1,141 
Net Sales by Geography
Nine Months 2022Nine Months 2021
United StatesInternationalUnited StatesInternational
MedSurg and Neurotechnology:
Instruments$1,290 $336 $1,171 $340 
Endoscopy1,371 357 1,179 333 
Medical1,686 409 1,457 441 
Neurovascular333 568 339 546 
Neuro Cranial819 173 724 166 
Other214 4 200 3 
$5,713 $1,847 $5,070 $1,829 
Orthopaedics and Spine:
Knees$1,078 $367 $964 $361 
Hips657 381 606 384 
Trauma and Extremities1,470 563 1,362 591 
Spine615 234 611 256 
Other243 79 290 83 
$4,063 $1,624 $3,833 $1,675 
Total$9,776 $3,471 $8,903 $3,504 
Contract Assets and Liabilities
On September 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 $661 and $529 on September 30, 2022 and December 31, 2021.