SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2022

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
	2022		2021		2020
Sales:
Intelligent Operating Solutions	$	2,466.1	$	2,169.4	$	1,883.7
Precision Technologies	2,038.2		1,848.9		1,651.3
Advanced Healthcare Solutions	1,321.4		1,236.4		1,099.4
Total	$	5,825.7	$	5,254.7	$	4,634.4
Operating Profit:
Intelligent Operating Solutions	$	519.4	$	408.5	$	317.8
Precision Technologies	491.3		408.0		321.7
Advanced Healthcare Solutions	107.9		101.9		2.1
Other	(113.3)		(105.6)		(102.2)
Russia exit and wind down costs (a)	(17.9)		—		—
Total	$	987.4	$	812.8	$	539.4
Segment assets:
Intelligent Operating Solutions	$	6,583.1	$	6,769.3	$	5,662.1
Precision Technologies	2,983.3		2,994.2		2,979.7
Advanced Healthcare Solutions	5,498.5		5,737.4		4,309.8
Total segment assets	15,064.9		15,500.9		12,951.6
Other	825.7		964.6		3,069.5
Assets of Discontinued Operations	—		—		30.4
Total assets	$	15,890.6	$	16,465.5	$	16,051.5
Depreciation and amortization:
Intelligent Operating Solutions	$	218.3	$	187.8	$	179.1
Precision Technologies	37.7		41.6		43.0
Advanced Healthcare Solutions	205.8		161.7		159.7
Other	3.8		4.4		2.2
Total	$	465.6	$	395.5	$	384.0
Capital expenditures, gross:
Intelligent Operating Solutions	$	36.7	$	16.7	$	26.1
Precision Technologies	29.6		21.4		17.4
Advanced Healthcare Solutions	17.0		6.4		20.1
Other	12.5		5.5		12.1
Total	$	95.8	$	50.0	$	75.7
(a) Refer to Note 1 for further detail on Russia exit and wind down costs.

Operations in Geographic Areas:

	Year Ended December 31
($ in millions)	2022		2021		2020
Sales:
United States	$	3,136.8	$	2,683.0	$	2,436.6
China	702.1		650.7		534.1
All other (each country individually less than 5% of total sales)	1,986.8		1,921.0		1,663.7
Total	$	5,825.7	$	5,254.7	$	4,634.4
Property, plant and equipment, net:
United States	$	303.1	$	291.3	$	304.6
Switzerland	20.5		23.1		30.2
All other (each country individually less than 5% of total property, plant and equipment, net)	98.3		81.1		87.2
Total	$	421.9	$	395.5	$	422.0