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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Net Sales
The Company’s segment information for the years ended December 31 was as follows:
Net SalesYear Ended December 31,
(in millions)202120202019
Technologies & Equipment$2,524 $1,961 $2,283 
Consumables1,727 1,381 1,746 
Total net sales$4,251 $3,342 $4,029 
Schedule of Depreciation and Amortization
Depreciation and AmortizationYear Ended December 31,
(in millions)202120202019
Technologies & Equipment$280 $261 $258 
Consumables52 61 54 
All Other (a)
15 12 11 
Total$347 $334 $323 
(a) Includes amounts recorded at Corporate headquarters.
Schedule of Segment Operating Income (Loss)
Segment Adjusted Operating IncomeYear Ended December 31,
(in millions)202120202019
Technologies & Equipment (a)
$556 $387 $467 
Consumables (a)
541 314 440 
Segment adjusted operating income$1,097 $701 $907 
Reconciling items (income) expense:   
All other (a) (b)
230 281 269 
Goodwill impairment— 157 — 
Restructuring and other costs17 77 81 
Interest expense, net55 47 28 
Other expense (income), net8 1 (12)
Amortization of intangible assets222 192 189 
Depreciation resulting from the fair value step-up of property,
plant, and equipment from business combinations
6 6 7 
Income (loss) before income taxes$559 $(60)$345 
(a) $38 million of charges related to discontinuance of product lines, incurred in 2019, which were previously reported in adjusted operating income for the reportable segments, have been reclassified to the “All other” category to conform to current year presentation and our internal reporting to our Chief Operating Decision Maker package ("CODM"). These amounts are not material to the measure of segment results for the years presented.
(b) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.
Schedule of Capital Expenditures
Capital ExpendituresYear Ended December 31,
(in millions)202120202019
Technologies & Equipment$100 $50 $73 
Consumables37 26 34 
All Other (a)
22 11 16 
Total$159 $87 $123 
(a) Includes capital expenditures of Corporate headquarters.
Schedule of Assets
AssetsYear Ended December 31,
(in millions)20212020
Technologies & Equipment$6,894 $7,014 
Consumables2,123 2,172 
All Other (a)
203 156 
Total$9,220 $9,342 
(a) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.
Schedule of Revenue and Long Lived Assets by Geographic Location
The following tables set forth information about the Company’s significant operations by geographic areas, for the years ended December 31, 2021, 2020, and 2019. Net Sales reported below represent revenues from external customers in those respective countries based on the destination of shipments.
Year Ended December 31,
(in millions)202120202019
Net sales
United States$1,494 $1,109 $1,375 
Germany 499 439 478 
Other Foreign2,258 1,794 2,176 
Total net sales$4,251 $3,342 $4,029 
Property, plant and equipment, net, represents those long-lived assets held by the operating businesses located in the respective geographic areas.
Year Ended December 31,
(in millions)202120202019
Property, plant, and equipment, net
United States$166 $145 $168 
Germany 309 337 327 
Sweden107 110 99 
Other Foreign191 199 208 
Total property, plant, and equipment, net$773 $791 $802 
Schedules of Concentration of Risk, by Risk Factor Customers that accounted for 10% or more of net sales and accounts receivable for the years ended December 31, 2020 and 2019 were as follows:
Year Ended December 31,
20202019
% of net sales% of accounts receivable% of net sales% of accounts receivable
Henry Schein, Inc.14 %N/A13 %12 %
Patterson Companies, Inc.10 %18 %N/A17 %