XML 86 R74.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Information (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     2  
Segment Reporting Information [Line Items]        
Revenue $ 2,460 $ 2,361 $ 4,680 $ 4,551
Cost of sales 649 668 1,271 1,311
Nonoperating Income (Expense) 4 25 (14) 17
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest [1] 902 780 1,712 1,527
Depreciation and amortization expense [1],[2] 123 127 242 253
Other business activities        
Segment Reporting Information [Line Items]        
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (134) (142) (263) (274)
Depreciation and amortization expense [2] 13 11 24 20
Operating Segments        
Segment Reporting Information [Line Items]        
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,513 1,390 2,843 2,681
Depreciation and amortization expense [2] 47 46 93 93
Operating Segments | U.S.        
Segment Reporting Information [Line Items]        
Revenue 1,356 1,308 2,539 2,471
Cost of sales 208 232 407 449
Gross Profit $ 1,148 $ 1,076 $ 2,132 $ 2,022
Gross margin, percentage 84.70% 82.30% 84.00% 81.80%
Operating expenses [3] $ 218 $ 204 $ 423 $ 394
Nonoperating Income (Expense) 0 0 0 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 930 872 1,709 1,628
Depreciation and amortization expense [2] 22 21 45 45
Operating Segments | International        
Segment Reporting Information [Line Items]        
Revenue [4] 1,070 1,035 2,078 2,042
Cost of sales 314 342 616 655
Gross Profit $ 756 $ 693 $ 1,462 $ 1,387
Gross margin, percentage 70.70% 67.00% 70.40% 67.90%
Operating expenses [3] $ 173 $ 175 $ 327 $ 334
Nonoperating Income (Expense) 0 0 1 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 583 518 1,134 1,053
Depreciation and amortization expense [2] 25 25 48 48
Corporate        
Segment Reporting Information [Line Items]        
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (321) (299) (592) (587)
Depreciation and amortization expense [2] 29 33 58 65
Reconciling Items        
Segment Reporting Information [Line Items]        
Purchase accounting adjustments (33) (35) (65) (72)
Amortization of Intangible Assets [2] 33 35 65 72
Business Combination, Acquisition And Divesture Related Costs (1) (5) (1) (5)
Acquisition and divestiture-related costs, Depreciation and Amortization [2] 0 0 0 0
Certain significant items, Earnings (47) (70) (53) (76)
Certain significant items, Depreciation and Amortization [2] 0 0 0 0
Other unallocated (75) (59) (157) (140)
Other unallocated, Depreciation and Amortization [2] $ 1 $ 2 $ 2 $ 3
[1] Defined as income before provision for taxes on income.
[2] Certain production facilities are shared. Depreciation and amortization is allocated to the reportable operating segments based on estimates of where the benefits of the related assets are realized.
[3] Operating expenses primarily consisted of field selling, advertising and promotions, other marketing expenses, and freight and logistics costs.
[4] Revenue denominated in euros was $468 million and $460 million for the six months ended June 30, 2025 and 2024, respectively.