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Pay vs Performance Disclosure
Unit_pure in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
 
Pay Versus Performance Disclosure
In accordance with rules adopted by the SEC pursuant
to
the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the company provides the following disclosure regarding executive compensation for its principal executive officer (PEO) and
Non-PEO
NEOs and company performance for the fiscal years listed below. The CHC Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
The company determined net sales to be the most relevant financial performance measure to include in this disclosure in the interest of linking company performance to compensation actually paid to its PEO and
non-PEO
NEOs in 2022, consistent with the adjusted net sales metric having the greatest weighting (50%) within the company’s 2022 annual incentive plan. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and the company may determine a different financial performance measure to be the most important financial performance measure in future years.
 
Year
   
Summary
Compensation Table
Total for
José E. Almeida¹
($)
  
Compensation
Actually Paid to
José E. Almeida
1,2,3

($)
  
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
1

($)
  
Average
Compensation
Actually Paid to
Non-PEO

NEOs
1,2,3

($)
  
Value of Initial
Fixed $100
Investment
based on:
4
  
Net Income (Loss)
($ Millions)
  
Net Sales
5
($ Millions)
 
TSR
($)
  
Peer
Group
TSR
($)
                 
(a)
        (b)         (c)         (d)         (e)         (f)         (g)         (h)         (i)  
                 
2022
        13,588,236         (9,114,999 )       6,721,562         14,410         63.62         140.29         (2,421 )       15,113  
                 
2021
        15,634,734         19,600,136         4,853,630         5,588,070         105.26         143.09         1,110         12,784  
                 
2020
        15,865,396         4,130,682         3,893,864         1,603,952         97.06         113.45         1,295         11,673  
 
1. 
Mr. Almeida served as the company’s PEO for each year presented. The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
2020
   
2021
   
2022
     
James K. Saccaro
    James K. Saccaro    James K. Saccaro
     
Giuseppe Accogli
    Giuseppe Accogli    Giuseppe Accogli
     
Cristiano Franzi
    Cristiano Franzi    Cristiano Franzi
     
Sean Martin
    Andrew Frye    David Rosenbloom
 
2.
The amounts set forth in the “Compensation Actually Paid” and “Average Compensation Actually Paid” columns above have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the NEOs. These amounts reflect the amount set forth in the “Total” column of the Summary Compensation Table in the related proxy statement (2020, 2021 or 2022) with certain adjustments as described in footnote 3 below.
 
3.
The amounts set forth in the “Compensation Actually Paid” and “Average Compensation Actually Paid” columns above reflect the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the “Exclusion of Stock Awards and Option Awards” and the “Average Exclusion of Stock Awards and Option Awards” columns below are the totals from the “Stock Awards” and “Option Awards” columns set forth in the Summary Compensation Table of the related proxy statement (2020, 2021 or 2022). Amounts in the “Exclusion of Change in Pension Value” and the “Average Exclusion of Change in Pension Value” columns reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table of the related proxy statement (2020, 2021 or 2022). Amounts in the “Inclusion of Pension Service Cost” and the “Average Inclusion of Pension Service Cost” are based on the service cost for services rendered during the listed year.
 
Year
   
Summary
Compensation
Table Total for
José E. Almeida
($)
   
Exclusion of
Change in Pension
Value for
José E. Almeida
($)
   
Exclusion of Stock
Awards and
Option Awards for
José E. Almeida
($)
  
Inclusion of
Pension Service
Cost for
José E. Almeida
($)
   
Inclusion of Equity
Values for
José E. Almeida
($)
  
Compensation
Actually Paid to
José E. Almeida
($)
             
2022
        13,588,236          —          (11,490,788 )       —          (11,212,447 )       (9,114,999 )
             
2021
        15,634,734          —          (11,919,569 )       —          15,884,971         19,600,136  
             
2020
        15,865,396          —          (14,494,546 )       —          2,759,832         4,130,682  
 
 
 
Year
   
Average Summary
Compensation
Table Total for
Non-PEO
NEOs
($)
     
Average Exclusion
of Change in
Pension Value for
Non-PEO
NEOs
($)
    
Average Exclusion
of Stock Awards
and Option
Awards for
Non-PEO
NEOs
($)
    
Average Inclusion
of Pension Service
Cost for
Non-PEO
NEOs
($)
     
Average Inclusion
of Equity Values
for
Non-PEO

NEOs
($)
    
Average
Compensation
Actually Paid to
Non-PEO NEOs

($)
  
             
2022
      6,721,562        —       (5,680,580 )      —        (1,026,572 )      14,410  
             
2021
      4,853,630        —       (3,144,514 )      6,341        3,872,613       5,588,070  
             
2020
      3,893,864        (68,999 )      (2,713,743 )      —        492,830       1,603,952  
The amounts in the “Inclusion of Equity Values” and the “
Average
Inclusion of Equity Values” columns in
the
tables above are derived from the amounts set forth in the following tables:
 
Year
   
Year-End Fair

Value of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
José E. Almeida
($)
     
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested
Equity
Awards for
José E. Almeida
($)
    
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of
Unvested
Equity Awards
that Vested
During Year for
José E. Almeida
($)
    
Total—Inclusion of
Equity Values for
José E. Almeida
($)
  
         
2022
      2,870,052        (13,723,320 )      (359,179 )      (11,212,447 ) 
         
2021
      13,103,902        3,222,430       (441,361 )      15,884,971  
         
2020
      11,175,844        (8,203,393 )      (212,619 )      2,759,832  
 
Year
   
Average Year-End

Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for
Non-PEO

NEOs
($)
     
Average Change
in Fair Value
from Last Day of
Prior Year to
Last Day of Year
of Unvested
Equity Awards
for
Non-PEO

NEOs
($)
    
Average Change in
Fair Value from
Last Day of Prior
Year to Vesting
Date of Unvested
Equity Awards that
Vested During
Year for Non-PEO
NEOs
($)
    
Total—Average
Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
  
         
2022
      1,388,426        (2,368,324 )      (46,674 )      (1,026,572 ) 
         
2021
      3,409,993        597,020       (134,400 )      3,872,613  
         
2020
      2,044,592        (1,659,165 )      107,403       492,830  
 
 
4.
The Peer Group TSR in the table set forth below utilizes the S&P 500 Health Care Index (S&P 500 Health Care Index), which the company also utilizes in the stock performance graph required by Item 201(e) of Regulation
S-K
included in the 2022 Form
10-K.
Three year TSR is also set forth in the graphs set forth on pages 35 and 36 of the proxy statement. The comparison assumes $100 (including reinvested dividends) was invested for the period starting December 31, 2019 through the end of the listed year in (i) the company and (ii) the S&P 500 Health Care Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
5.
For a reconciliation of Net Sales to Adjusted Net Sales as used for measuring short-term incentive performance in 2022, please refer to page 49.
 
  
Adjusted Net Sales as used for measuring short-term incentive performance for 2021 was calculated as the company’s reported net sales (determined in accordance with GAAP) using budgeted exchange rates as of January 1, 2021. These amounts were adjusted to reflect the elimination of $212 million of Hillrom net sales in 2021 (which represents 19 days of contribution from Hillrom). Company Adjusted Net Sales totaled $12.4 billion for 2021. Company net sales as reported under GAAP for 2021 totaled $12.8 billion.
 
  
Adjusted net sales as used for measuring short-term incentive performance for 2020 was calculated as the company’s reported net sales (determined in accordance with GAAP) using budgeted exchange rates as of January 1, 2020. Consolidated Adjusted Net Sales totaled $11.8 billion for 2020. Consolidated net sales as reported under GAAP for 2020 totaled $11.7 billion.
   
Company Selected Measure Name Net Sales    
Named Executive Officers, Footnote [Text Block]
1. 
Mr. Almeida served as the company’s PEO for each year presented. The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
2020
   
2021
   
2022
     
James K. Saccaro
    James K. Saccaro    James K. Saccaro
     
Giuseppe Accogli
    Giuseppe Accogli    Giuseppe Accogli
     
Cristiano Franzi
    Cristiano Franzi    Cristiano Franzi
     
Sean Martin
    Andrew Frye    David Rosenbloom
    
Peer Group Issuers, Footnote [Text Block] The Peer Group TSR in the table set forth below utilizes the S&P 500 Health Care Index (S&P 500 Health Care Index), which the company also utilizes in the stock performance graph required by Item 201(e) of Regulation
S-K
included in the 2022 Form
10-K.
Three year TSR is also set forth in the graphs set forth on pages 35 and 36 of the proxy statement. The comparison assumes $100 (including reinvested dividends) was invested for the period starting December 31, 2019 through the end of the listed year in (i) the company and (ii) the S&P 500 Health Care Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. 		   
PEO Total Compensation Amount $ 13,588,236 $ 15,634,734 $ 15,865,396
PEO Actually Paid Compensation Amount $ (9,114,999) 19,600,136 4,130,682
Adjustment To PEO Compensation, Footnote [Text Block]
2.
The amounts set forth in the “Compensation Actually Paid” and “Average Compensation Actually Paid” columns above have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the NEOs. These amounts reflect the amount set forth in the “Total” column of the Summary Compensation Table in the related proxy statement (2020, 2021 or 2022) with certain adjustments as described in footnote 3 below.
 
3.
The amounts set forth in the “Compensation Actually Paid” and “Average Compensation Actually Paid” columns above reflect the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the “Exclusion of Stock Awards and Option Awards” and the “Average Exclusion of Stock Awards and Option Awards” columns below are the totals from the “Stock Awards” and “Option Awards” columns set forth in the Summary Compensation Table of the related proxy statement (2020, 2021 or 2022). Amounts in the “Exclusion of Change in Pension Value” and the “Average Exclusion of Change in Pension Value” columns reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table of the related proxy statement (2020, 2021 or 2022). Amounts in the “Inclusion of Pension Service Cost” and the “Average Inclusion of Pension Service Cost” are based on the service cost for services rendered during the listed year.
 
Year
   
Summary
Compensation
Table Total for
José E. Almeida
($)
   
Exclusion of
Change in Pension
Value for
José E. Almeida
($)
   
Exclusion of Stock
Awards and
Option Awards for
José E. Almeida
($)
  
Inclusion of
Pension Service
Cost for
José E. Almeida
($)
   
Inclusion of Equity
Values for
José E. Almeida
($)
  
Compensation
Actually Paid to
José E. Almeida
($)
             
2022
        13,588,236          —          (11,490,788 )       —          (11,212,447 )       (9,114,999 )
             
2021
        15,634,734          —          (11,919,569 )       —          15,884,971         19,600,136  
             
2020
        15,865,396          —          (14,494,546 )       —          2,759,832         4,130,682  
 
The amounts in the “Inclusion of Equity Values” and the “
Average
Inclusion of Equity Values” columns in
the
tables above are derived from the amounts set forth in the following tables:
 
Year
   
Year-End Fair

Value of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
José E. Almeida
($)
     
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested
Equity
Awards for
José E. Almeida
($)
    
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of
Unvested
Equity Awards
that Vested
During Year for
José E. Almeida
($)
    
Total—Inclusion of
Equity Values for
José E. Almeida
($)
  
         
2022
      2,870,052        (13,723,320 )      (359,179 )      (11,212,447 ) 
         
2021
      13,103,902        3,222,430       (441,361 )      15,884,971  
         
2020
      11,175,844        (8,203,393 )      (212,619 )      2,759,832  
    
Non-PEO NEO Average Total Compensation Amount $ 6,721,562 4,853,630 3,893,864
Non-PEO NEO Average Compensation Actually Paid Amount $ 14,410 5,588,070 1,603,952
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Year
   
Average Summary
Compensation
Table Total for
Non-PEO
NEOs
($)
     
Average Exclusion
of Change in
Pension Value for
Non-PEO
NEOs
($)
    
Average Exclusion
of Stock Awards
and Option
Awards for
Non-PEO
NEOs
($)
    
Average Inclusion
of Pension Service
Cost for
Non-PEO
NEOs
($)
     
Average Inclusion
of Equity Values
for
Non-PEO

NEOs
($)
    
Average
Compensation
Actually Paid to
Non-PEO NEOs

($)
  
             
2022
      6,721,562        —       (5,680,580 )      —        (1,026,572 )      14,410  
             
2021
      4,853,630        —       (3,144,514 )      6,341        3,872,613       5,588,070  
             
2020
      3,893,864        (68,999 )      (2,713,743 )      —        492,830       1,603,952  
Year
   
Average Year-End

Fair Value of
Equity Awards
Granted During
Year That
Remained
Unvested as of
Last Day of Year
for
Non-PEO

NEOs
($)
     
Average Change
in Fair Value
from Last Day of
Prior Year to
Last Day of Year
of Unvested
Equity Awards
for
Non-PEO

NEOs
($)
    
Average Change in
Fair Value from
Last Day of Prior
Year to Vesting
Date of Unvested
Equity Awards that
Vested During
Year for Non-PEO
NEOs
($)
    
Total—Average
Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
  
         
2022
      1,388,426        (2,368,324 )      (46,674 )      (1,026,572 ) 
         
2021
      3,409,993        597,020       (134,400 )      3,872,613  
         
2020
      2,044,592        (1,659,165 )      107,403       492,830  
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
The following chart sets forth the relationship between the amounts set forth in the “Compensation Actually Paid” and “Average of Compensation Actually Paid” columns above to the company’s cumulative TSR over the three most recently completed fiscal years, with TSR calculated in accordance with the methodology described in above
.
 
 
LOGO 		   
Compensation Actually Paid vs. Net Income [Text Block]
The following chart sets forth the relationship between the amounts set forth in the “Compensation Actually Paid” and the “Average of Compensation Actually Paid” columns above and the company’s net income during the three most recently completed fiscal years.
 
 
LOGO 		   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
The following chart sets forth the relationship between the amounts set forth in the “Compensation Actually Paid” and the “Average of Compensation Actually Paid” columns above and the company’s net sales during the three most recently completed fiscal years.
 
 
LOGO 		   
Total Shareholder Return Vs Peer Group [Text Block]
The following chart compares the company’s cumulative TSR over the three most recently completed fiscal years to that of the S&P 500 Health Care Index over the same period.
 
 
LOGO 		   
Tabular List [Table Text Block]
The financial measures most important in determining pay during
2022
were those that influenced
the
company’s short- and long-term incentives for the NEOs and for broad-based incentive plans below the NEO level as set forth below (as such amounts may be adjusted in a given year in the manner described in the proxy statement, including with respect to the use of
non-GAAP measures):
 
 
•
 
Earnings Per Share
 
•
 
Free Cash Flow
 
•
 
Net Sales
 
•
 
ROIC
 
•
 
TSR
    
Total Shareholder Return Amount $ 63.62 105.26 97.06
Peer Group Total Shareholder Return Amount 140.29 143.09 113.45
Net Income (Loss) $ (2,421,000,000) $ 1,110,000,000 $ 1,295,000,000
Company Selected Measure Amount 15,113 12,784 11,673
PEO Name Mr. Almeida    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Earnings Per Share    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Free Cash Flow    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Net Sales    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name ROIC    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name TSR    
PEO [Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (11,490,788) $ (11,919,569) $ (14,494,546)
PEO [Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (11,212,447) 15,884,971 2,759,832
PEO [Member] | Year End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,870,052 13,103,902 11,175,844
PEO [Member] | Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (13,723,320) 3,222,430 (8,203,393)
PEO [Member] | Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (359,179) (441,361) (212,619)
Non-PEO NEO [Member] | Change In Pension Value and Equity Award Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     (68,999)
Non-PEO NEO [Member] | Pension Adjustments Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   6,341  
Non-PEO NEO [Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,680,580) (3,144,514) (2,713,743)
Non-PEO NEO [Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,026,572) 3,872,613 492,830
Non-PEO NEO [Member] | Year End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,388,426 3,409,993 2,044,592
Non-PEO NEO [Member] | Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,368,324) 597,020 (1,659,165)
Non-PEO NEO [Member] | Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (46,674) $ (134,400) $ 107,403