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Segment and Geographic Data (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Segment Results
Three Months
Nine Months
2025
2024
2025
2024
MedSurg and Neurotechnology
$3,803
$3,324
$11,085
$9,636
Orthopaedics
2,254
2,170
6,860
6,523
Net sales
$6,057
$5,494
$17,945
$16,159
MedSurg and Neurotechnology
$1,426
$1,313
$4,162
$3,838
Orthopaedics
620
561
1,848
1,728
Cost of sales
$2,046
$1,874
$6,010
$5,566
MedSurg and Neurotechnology
$247
$205
$718
$594
Orthopaedics
132
136
399
406
Segment research, development and
engineering expenses
$379
$341
$1,117
$1,000
MedSurg and Neurotechnology
$972
$780
$2,893
$2,318
Orthopaedics
742
760
2,332
2,267
Segment selling, general and
administrative expenses
$1,714
$1,540
$5,225
$4,585
MedSurg and Neurotechnology
$56
$60
$171
$170
Orthopaedics
111
112
313
325
Segment depreciation and
amortization
$167
$172
$484
$495
Corporate and Other
$48
$40
$127
$118
Amortization of intangible assets
189
159
543
467
Total depreciation and amortization
$404
$371
$1,154
$1,080
MedSurg and Neurotechnology
$1,102
$966
$3,141
$2,716
Orthopaedics
649
601
1,968
1,797
Segment operating income
$1,751
$1,567
$5,109
$4,513
Items not allocated to segments:
Corporate and Other
$(202)
$(211)
$(670)
$(676)
Inventory stepped up to fair value
(61)
(29)
(160)
(38)
Acquisition and integration-related
charges
(39)
(48)
(302)
(49)
Amortization of intangible assets
(189)
(159)
(543)
(467)
Structural optimization and other special
charges
(41)
(22)
(93)
(92)
Goodwill and other impairments
(73)
(2)
(163)
(21)
Medical device regulation
(11)
(13)
(30)
(41)
Recall-related matters
(1)
(56)
(22)
Regulatory and legal matters
1
(7)
1
Consolidated operating income
$1,134
$1,084
$3,085
$3,108
Segment Assets
September 30
December 31
2025
2024
Assets:
MedSurg and Neurotechnology
$27,280
$23,115
Orthopaedics
18,192
18,507
Total segment assets
$45,472
$41,622
Corporate and Other
1,585
1,349
Total assets
$47,057
$42,971
Sales and Other Financial Information by Business Segment
Segment Capital Spending
Nine Months
2025
2024
Purchases of property, plant and
equipment:
MedSurg and Neurotechnology
$153
$136
Orthopaedics
169
171
Total segment purchases of property, plant
and equipment
$322
$307
Corporate and Other
171
182
Total purchases of property, plant and
equipment
$493
$489