XML 53 R31.htm IDEA: XBRL DOCUMENT
v3.20.4

Business And Summary Of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Useful Lives Of Depreciable Assets | The provision for depreciation has been computed principally by the straight-line method based on the estimated useful lives of the depreciable assets as follows:
Category |  | Useful Life
Buildings |  | 30 years
Leased assets and leasehold improvements |  | Amortized over the lesser of the economic life of the asset or the term of the lease
Machinery and equipment |  | 3 – 10 years
Customer-leased instruments |  | 5 – 7 years
The classes of property, plant and equipment as of December 31 are summarized as follows ($ in millions):
| 2020 |  | 2019
Land and improvements | $ | 192 |  |  | $ | 149 |
Buildings | 1,522 |  |  | 954 |
Machinery and equipment | 2,881 |  |  | 2,194 |
Customer-leased equipment | 1,849 |  |  | 1,766 |
Gross property, plant and equipment | 6,444 |  |  | 5,063 |
Less: accumulated depreciation | 3,182 |  |  | 2,761 |
Property, plant and equipment, net | $ | 3,262 |  |  | $ | 2,302 |
Schedule of Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss)—Accumulated other comprehensive income (loss) refers to certain gains and losses that under U.S. GAAP are included in comprehensive income (loss) but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders’ equity. Foreign currency translation adjustments are generally not adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries. The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any tax impacts.
| Foreign Currency Translation Adjustments |  | Pension and Postretirement Plan Benefit Adjustments |  | Unrealized Gain (Loss) on Available-For-Sale Securities |  | Cash Flow Hedge Adjustments |  | Total
Balance, January 1, 2018 | $ | (1,466) |  |  | $ | (678) |  |  | $ | (1) |  |  | $ | — |  |  | $ | (2,145) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |
Decrease | (632) |  |  | (45) |  |  | (1) |  |  | — |  |  | (678) |
Income tax impact | — |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Other comprehensive income (loss) before reclassifications, net of income taxes | (632) |  |  | (36) |  |  | (1) |  |  | — |  |  | (669) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Increase | — |  |  | 30 |  | (a) | — |  |  | — |  |  | 30 |
Income tax impact | — |  |  | (7) |  |  | — |  |  | — |  |  | (7) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 23 |  |  | — |  |  | — |  |  | 23 |
Net current period other comprehensive income (loss), net of income taxes | (632) |  |  | (13) |  |  | (1) |  |  | — |  |  | (646) |
Balance, December 31, 2018 | (2,098) |  |  | (691) |  |  | (2) |  |  | — |  |  | (2,791) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |
(Decrease) increase | (178) |  |  | (149) |  |  | 2 |  |  | (149) |  |  | (474) |
Income tax impact | (6) |  |  | 32 |  |  | (1) |  |  | 9 |  |  | 34 |
Other comprehensive income (loss) before reclassifications, net of income taxes | (184) |  |  | (117) |  |  | 1 |  |  | (140) |  |  | (440) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Increase | 109 |  | (c) | 36 |  | (a) | — |  |  | 27 |  | (b) | 172 |
Income tax impact | — |  |  | (9) |  |  | — |  |  | — |  |  | (9) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | 109 |  |  | 27 |  |  | — |  |  | 27 |  |  | 163 |
Net current period other comprehensive income (loss), net of income taxes | (75) |  |  | (90) |  |  | 1 |  |  | (113) |  |  | (277) |
Balance, December 31, 2019 | (2,173) |  |  | (781) |  |  | (1) |  |  | (113) |  |  | (3,068) |
Other comprehensive income (loss) before reclassifications: |  |  |  |  |  |  |  |  |
Increase (decrease) | 2,893 |  |  | (239) |  |  | 1 |  |  | (432) |  |  | 2,223 |
Income tax impact | 25 |  |  | 57 |  |  | — |  |  | — |  |  | 82 |
Other comprehensive income (loss) before reclassifications, net of income taxes | 2,918 |  |  | (182) |  |  | 1 |  |  | (432) |  |  | 2,305 |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Increase | — |  |  | 46 |  | (a) | — |  |  | 361 |  | (b) | 407 |
Income tax impact | — |  |  | (11) |  |  | — |  |  | (1) |  |  | (12) |
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes | — |  |  | 35 |  |  | — |  |  | 360 |  |  | 395 |
Net current period other comprehensive income (loss), net of income taxes | 2,918 |  |  | (147) |  |  | 1 |  |  | (72) |  |  | 2,700 |
Balance, December 31, 2020 | $ | 745 |  |  | $ | (928) |  |  | $ | — |  |  | $ | (185) |  |  | $ | (368) |
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension and postretirement cost (refer to Notes 13 and 14 for additional details). (b) Reflects reclassification to earnings related to remeasurement of certain long-term debt (refer to Note 12 for additional details). (c) Reflects reclassification to earnings related to the Envista Disposition (refer to Note 4 for additional details).

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration