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Segment Information (Tables)
9 Months Ended
Sep. 30, 2024
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
Three Months Ended September 30,Three Months Ended September 30,
(In millions)2024202320242023
Reportable Segments:
Developed Markets$2,298.7 $2,408.5 $1,042.1 $1,087.0 
Greater China561.8 548.4 362.2 354.6 
JANZ344.3 334.5 102.9 125.4 
Emerging Markets533.2 642.5 208.2 273.6 
Total reportable segments$3,738.0 $3,933.9 $1,715.4 $1,840.6 
Reconciling items:
Intangible asset amortization expense(574.7)(584.0)
Globally managed research and development costs(198.4)(211.2)
Acquired IPR&D— (1.0)
Litigation settlements & other contingencies(31.5)26.1 
Transaction related and other special items(303.6)(207.3)
Corporate and other unallocated(381.3)(411.5)
Earnings from operations$225.9 $451.7 
Net Sales
Segment Profitability
Nine months ended September 30,Nine months ended September 30,
(In millions)2024202320242023
Reportable Segments:
Developed Markets$6,783.3 $6,932.7 $2,963.1 $3,085.4 
Greater China1,644.7 1,645.1 1,077.9 1,098.6 
JANZ1,011.7 1,052.2 291.5 387.5 
Emerging Markets1,737.7 1,932.5 720.4 863.5 
Total reportable segments$11,177.4 $11,562.5 $5,052.9 $5,435.0 
Reconciling items:
Intangible asset amortization expense(1,772.9)(1,778.5)
Intangible asset disposal & impairment charges(102.0)(32.0)
Impairment of goodwill
(321.0)— 
Globally managed research and development costs(602.2)(602.4)
Acquired IPR&D1.7 (11.2)
Litigation settlements & other contingencies(239.3)36.5 
Transaction related and other special items(702.3)(620.4)
Corporate and other unallocated(1,125.0)(1,206.4)
Earnings from operations$189.9 $1,220.7