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Retirement Plans (Tables) | 12 Months Ended
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Dec. 31, 2023
Retirement Benefits [Abstract] |
Defined Contribution Plan Disclosures |
| 2023 |  | 2022 |  | 2021
Plan expense | $ | 327 |  |  | $ | 305 |  |  | $ | 259 |
Expense funded with Stryker common stock | 57 |  |  | 41 |  |  | 37 |
Stryker common stock held by plan: |  |  |  |  |
Dollar amount | $ | 649 |  |  | $ | 522 |  |  | $ | 582 |
Shares (in millions) | 2.2 |  |  | 2.1 |  |  | 2.2 |
Value as a percentage of total plan assets | 10 | % |  | 10 | % |  | 10 | %
Schedule of Costs of Retirement Plans |
Components of Net Periodic Pension Cost
Net periodic benefit cost: | 2023 |  | 2022 |  | 2021
Service cost | $ | (32) |  |  | $ | (56) |  |  | $ | (72) |
Interest cost | (23) |  |  | (10) |  |  | (7) |
Expected return on plan assets | 18 |  |  | 15 |  |  | 11 |
Amortization of prior service credit | 1 |  |  | 1 |  |  | 1 |
Recognized actuarial gain (loss) | 4 |  |  | (9) |  |  | (16) |
Curtailment gain | — |  |  | — |  |  | 9 |
Net periodic benefit cost | $ | (32) |  |  | $ | (59) |  |  | $ | (74) |
Changes in assets and benefit obligations recognized in OCI: |  |  |  |  |
Net actuarial gain (loss) | $ | (67) |  |  | $ | 244 |  |  | $ | 132 |
Recognized net actuarial (gain) loss | (4) |  |  | 9 |  |  | 16 |
Prior service credit and transition amount | (1) |  |  | (1) |  |  | (1) |
Curtailment gain | — |  |  | — |  |  | (9) |
Total recognized in other comprehensive income (loss) | $ | (72) |  |  | $ | 252 |  |  | $ | 138 |
Total recognized in net periodic benefit cost and OCI | $ | (104) |  |  | $ | 193 |  |  | $ | 64 |
Weighted-average rates used to determine net periodic benefit cost: |  |  |  |  |
Discount rate | 3.3 | % |  | 1.1 | % |  | 0.8 | %
Expected return on plan assets | 4.2 | % |  | 3.1 | % |  | 2.5 | %
Rate of compensation increase | 3.0 | % |  | 2.6 | % |  | 2.6 | %
Weighted-average discount rate used to determine projected benefit obligations | 2.8 | % |  | 3.3 | % |  | 1.1 | %
Schedule of Defined Benefit Plans Disclosures |
| 2023 |  | 2022
Fair value of plan assets | $ | 485 |  |  | $ | 420 |
Benefit obligations | (826) |  |  | (673) |
Funded status | $ | (341) |  |  | $ | (253) |
Reported as: |  |  |
Noncurrent assets—other assets | $ | 21 |  |  | $ | 21 |
Current liabilities—accrued compensation | (3) |  |  | (3) |
Noncurrent liabilities—other liabilities | (359) |  |  | (271) |
Pre-tax amounts recognized in AOCI: |  |  |
Unrecognized net actuarial gain (loss) | (39) |  |  | 33 |
Unrecognized prior service credit | 11 |  |  | 11 |
Total | $ | (28) |  |  | $ | 44 |
Schedule of Changes in Accumulated Postemployment Benefit Obligations |
Change in Benefit Obligations |  |  |
| 2023 |  | 2022
Beginning projected benefit obligations | $ | 673 |  |  | $ | 1,036 |
Service cost | 32 |  |  | 56 |
Interest cost | 23 |  |  | 10 |
Foreign exchange impact | 32 |  |  | (56) |
Employee contributions | 7 |  |  | 5 |
Actuarial (gains) losses | 79 |  |  | (354) |
Benefits paid | (20) |  |  | (24) |
Ending projected benefit obligations | $ | 826 |  |  | $ | 673 |
Ending accumulated benefit obligations | $ | 790 |  |  | $ | 645 |
Schedule of Changes in Fair Value of Plan Assets |
Change in Plan Assets |  |  |
| 2023 |  | 2022
Beginning fair value of plan assets | $ | 420 |  |  | $ | 543 |
Actual return | 29 |  |  | (109) |
Employer contributions | 23 |  |  | 19 |
Employee contributions | 7 |  |  | 5 |
Foreign exchange impact | 22 |  |  | (24) |
Benefits paid | (16) |  |  | (14) |
Ending fair value of plan assets | $ | 485 |  |  | $ | 420 |
Valuation of Plan Assets
2023 | Level 1 | Level 2 | Level 3 | Total
Cash and cash equivalents | $ | 15 |  | $ | — |  | $ | — |  | $ | 15 |
Equity securities | 20 |  | 130 |  | — |  | 150 |
Corporate debt securities | 2 |  | 185 |  | — |  | 187 |
Other | 5 |  | 63 |  | 65 |  | 133 |
Total | $ | 42 |  | $ | 378 |  | $ | 65 |  | $ | 485 |
2022 |  |  |  |
Cash and cash equivalents | $ | 18 |  | $ | — |  | $ | — |  | $ | 18 |
Equity securities | 21 |  | 99 |  | — |  | 120 |
Corporate debt securities | 2 |  | 151 |  | — |  | 153 |
Other | 5 |  | 69 |  | 55 |  | 129 |
Total | $ | 46 |  | $ | 319 |  | $ | 55 |  | $ | 420 |
Schedule of Allocation of Plan Assets |
Allocation of Plan Assets
| 2024 Target |  | 2023 Actual |  | 2022 Actual
Equity securities | 25 | % |  | 28 | % |  | 27 | %
Debt securities | 41 |  |  | 37 |  |  | 38 |
Other | 34 |  |  | 35 |  |  | 35 |
Total | 100 | % |  | 100 | % |  | 100 | %
Schedule of Expected Benefit Payments |
Estimated Future Benefit Payments
2024 | 2025 | 2026 | 2027 | 2028 | 2028-2032
$ | 23 |  | $ | 24 |  | $ | 24 |  | $ | 26 |  | $ | 28 |  | $ | 164 |

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- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (a) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480506/715-20-50-1 + Details
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