XML 46 R35.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Reconciliation of Segment Information to Total Consolidated Information
Presented in the table below is segment information for the periods identified and a reconciliation of segment information to total consolidated information.
Net Sales
Segment Profitability
Three Months Ended June 30,Three Months Ended June 30,
(In millions)2023202220232022
Reportable Segments:
Developed Markets$2,353.8 $2,479.1 $1,059.7 $1,255.3 
Greater China532.1 548.3 349.7 392.8 
JANZ375.5 427.1 131.6 158.1 
Emerging Markets648.1 650.9 276.9 301.0 
Total reportable segments$3,909.5 $4,105.4 $1,817.9 $2,107.2 
Reconciling items:
Intangible asset amortization expense(591.2)(634.1)
Globally managed research and development costs(208.3)(162.6)
Acquired IPR&D(10.2)— 
Litigation settlements & other contingencies11.0 (10.9)
Transaction related and other special items(234.6)(227.1)
Corporate and other unallocated(415.4)(523.8)
Earnings from operations$369.2 $548.7 
Net Sales
Segment Profitability
Six months ended June 30,Six months ended June 30,
(In millions)2023202220232022
Reportable Segments:
Developed Markets$4,524.2 $4,955.2 $1,998.4 $2,466.8 
Greater China1,096.7 1,121.4 744.0 810.5 
JANZ717.7 850.9 262.1 332.4 
Emerging Markets1,290.0 1,356.1 589.9 646.3 
Total reportable segments$7,628.6 $8,283.6 $3,594.4 $4,256.0 
Reconciling items:
Intangible asset amortization expense(1,194.5)(1,282.2)
Intangible asset disposal & impairment charges(32.0)— 
Globally managed research and development costs(391.2)(304.9)
Acquired IPR&D(10.2)— 
Litigation settlements & other contingencies10.4 (17.1)
Transaction related and other special items(413.1)(412.7)
Corporate and other unallocated(794.8)(983.0)
Earnings from operations$769.0 $1,256.1