Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Information

NOTE 19. SEGMENT INFORMATION

We report our results in three separate business segments consisting of Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. Operating profit represents total revenues less operating expenses, excluding other income/expense, interest, and income taxes. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated in the combined totals. Amounts in the Other category consist of unallocated corporate costs and other costs not considered part of our evaluation of reportable segment operating performance.

Segment results are shown below ($ in millions):

	Year Ended December 31
	2021		2020		2019
Sales:
Intelligent Operating Solutions	$	2,169.4	$	1,883.7	$	1,898.9
Precision Technologies	1,848.9		1,651.3		1,808.4
Advanced Healthcare Solutions	1,236.4		1,099.4		856.6
Total	$	5,254.7	$	4,634.4	$	4,563.9
Operating Profit:
Intelligent Operating Solutions	$	408.5	$	317.8	$	289.0
Precision Technologies	408.0		321.7		324.6
Advanced Healthcare Solutions	101.9		2.1		(72.0)
Other	(105.6)		(102.2)		(97.7)
Total	$	812.8	$	539.4	$	443.9
Segment assets:
Intelligent Operating Solutions	$	6,769.3	$	5,662.1	$	5,748.2
Precision Technologies	2,994.2		2,979.7		2,974.7
Advanced Healthcare Solutions	5,737.4		4,309.8		4,432.9
Total segment assets	15,500.9		12,951.6		13,155.8
Other	964.6		3,069.5		1,436.8
Assets of Discontinued Operations	—		30.4		2,846.4
Total assets	$	16,465.5	$	16,051.5	$	17,439.0
Depreciation and amortization:
Intelligent Operating Solutions	$	187.8	$	179.1	$	182.5
Precision Technologies	41.6		43.0		47.1
Advanced Healthcare Solutions	161.7		159.7		110.3
Other	4.4		2.2		1.6
Total	$	395.5	$	384.0	$	341.5
Capital expenditures, gross:
Intelligent Operating Solutions	$	16.7	$	26.1	$	30.4
Precision Technologies	21.4		17.4		21.3
Advanced Healthcare Solutions	6.4		20.1		16.0
Other	5.5		12.1		6.8
Total	$	50.0	$	75.7	$	74.5

Operations in Geographic Areas:

	Year Ended December 31
($ in millions)	2021		2020		2019
Sales:
United States	$	2,683.0	$	2,436.6	$	2,394.2
China	650.7		534.1		501.2
All other (each country individually less than 5% of total sales)	1,921.0		1,663.7		1,668.5
Total	$	5,254.7	$	4,634.4	$	4,563.9
Property, plant and equipment, net
United States	$	291.3	$	304.6	$	328.0
Switzerland	23.1		30.2		17.9
All other (each country individually less than 5% of total property, plant and equipment, net)	81.1		87.2		70.1
Total	$	395.5	$	422.0	$	416.0