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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Reconciliation of Segment Information to Total Consolidated Information
Presented in the table below is segment information for the periods identified and a reconciliation of segment information to total consolidated information.
Net Sales
Segment Profitability
Years Ended December 31, Years Ended December 31,
(in millions)202120202019202120202019
Reportable Segments:
Developed Markets$10,428.7 $8,510.9 $8,240.0 $5,143.1 $4,243.9 $4,137.3 
Greater China2,212.8 259.9 214.6 1,397.1 52.7 89.9 
JANZ2,027.4 1,195.3 1,192.5 762.4 364.6 323.2 
Emerging Markets3,144.7 1,853.8 1,723.2 1,402.4 610.4 561.9 
Total reportable segments$17,813.6 $11,819.9 $11,370.3 $8,705.0 $5,271.6 $5,112.3 
Reconciling items:
Intangible asset amortization expense(2,702.2)(1,605.8)(1,582.7)
Intangible asset impairment charges(102.8)(82.4)(180.6)
Globally managed research and development costs(751.1)(555.1)(639.9)
Litigation settlements & other contingencies(329.2)(107.8)21.4 
Transaction related and other special items(2,832.2)(1,739.7)(682.2)
Corporate and other unallocated(2,021.5)(1,391.6)(1,332.8)
(Loss) earnings from operations$(34.0)$(210.8)$715.5 
Schedule of Revenue by Major Customers by Reporting Segments
The following table represents the percentage of consolidated net sales to Viatris’ major customers during the years ended December 31, 2021, 2020, and 2019:
Percentage of Consolidated Net Sales
202120202019
McKesson Corporation%13 %15 %
AmerisourceBergen Corporation%10 %%
Cardinal Health, Inc.%%%
Net Third Party Sales Classified Based on Geographic Location of Subsidiaries
Net sales by country are presented on the basis of geographic location of our subsidiaries:
Year Ended December 31,
(In millions)202120202019
United States$4,176.4 $3,746.1 $3,965.9 
China1,981.5 216.1 171.1 
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No other country’s net sales represents more than 10% of consolidated net sales.