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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | A reconciliation of the totals reported for the reportable segments to the applicable line items within our accompanying unaudited consolidated statements of operations is as follows (in millions, except percentages):
| Three Months Ended March 31, |  |
Net sales | 2021 |  | 2020 |  |  |  |
MedSurg | $ | 860 |  |  | $ | 774 |  |  |  |
Rhythm and Neuro | 750 |  |  | 703 |  |  |  |
Cardiovascular | 1,129 |  |  | 1,026 |  |  |  |
Total net sales of reportable segments | 2,739 |  |  | 2,502 |  |  |  |
All other (Specialty Pharmaceuticals)(1) | 13 |  |  | 41 |  |  |  |
Consolidated net sales | $ | 2,752 |  |  | $ | 2,543 |  |  |  |
| Three Months Ended March 31, |  |
Income (loss) before income taxes | 2021 |  | 2020 |  |  |  |
MedSurg | $ | 332 |  |  | $ | 259 |  |  |  |
Rhythm and Neuro | 148 |  |  | 99 |  |  |  |
Cardiovascular | 338 |  |  | 199 |  |  |  |
Total operating income of reportable segments | 819 |  |  | 556 |  |  |  |
All other (Specialty Pharmaceuticals)(1) | 4 |  |  | 26 |  |  |  |
Unallocated amounts: |  |  |  |  |  |  |
Corporate expenses, including hedging activities | (153) |  |  | (33) |  |  |  |
Intangible asset impairment charges, acquisition/divestiture-related net charges (credits), restructuring and restructuring-related net charges (credits), certain litigation-related net charges (credits) and EU MDR implementation costs | (114) |  |  | (202) |  |  |  |
Amortization expense | (185) |  |  | (201) |  |  |  |
Operating income (loss) | 370 |  |  | 146 |  |  |  |
Other expense, net | (45) |  |  | (124) |  |  |  |
Income (loss) before income taxes | $ | 325 |  |  | $ | 22 |  |  |  |
(1) On March 1, 2021, we completed the divestiture of the Specialty Pharmaceuticals business. Our consolidated net sales and income (loss) before income taxes for the first quarter of 2021 include Specialty Pharmaceuticals up to the date of the closing of the transaction. |  |  |  |
Operating income of reportable segments as a percentage of net sales of reportable segments | Three Months Ended March 31, |  |
2021 |  | 2020 |  |  |  |
MedSurg | 38.6 | % |  | 33.4 | % |  |  |  |
Rhythm and Neuro | 19.7 | % |  | 14.1 | % |  |  |  |
Cardiovascular | 30.0 | % |  | 19.4 | % |  |  |  |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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