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Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
Segment Information  
Schedule of segment information - net sales and operating earnings

Net Sales to External Customers

Operating Earnings

Three Months

Nine Months

Three Months

Nine Months

Ended Sept. 30

Ended Sept. 30

Ended Sept. 30

Ended Sept. 30

(in millions)

    

2021

    

2020

    

2021

    

2020

    

2021

    

2020

    

2021

    

2020

Established Pharmaceutical Products

$

1,265

$

1,099

$

3,515

$

3,156

$

293

$

201

$

682

$

588

Nutritional Products

 

2,108

 

1,924

 

6,252

 

5,711

 

431

 

394

 

1,388

 

1,327

Diagnostic Products

 

3,912

 

2,640

 

11,173

 

6,460

 

1,652

 

875

 

4,429

 

1,802

Medical Devices

 

3,632

 

3,170

 

10,618

 

8,530

 

1,160

 

928

 

3,375

 

2,122

Total Reportable Segments

 

10,917

 

8,833

 

31,558

 

23,857

 

3,536

 

2,398

 

9,874

5,839

Other

 

11

 

20

 

49

 

50

Net sales

$

10,928

$

8,853

$

31,607

$

23,907

Corporate functions and benefit plan costs

 

(204)

(129)

(450)

(367)

Net interest expense

 

(123)

(127)

(370)

(373)

Share-based compensation (a)

 

(114)

(100)

(534)

(448)

Amortization of intangible assets

 

(520)

(510)

(1,533)

(1,624)

Other, net (b)

 

(82)

(111)

(1,103)

(447)

Earnings from continuing operations before taxes

$

2,493

$

1,421

$

5,884

$

2,580

(a)Approximately 50 percent of the annual net cost of share-based awards will typically be recognized in the first quarter due to the timing of the granting of share-based awards.
(b)Other, net for the three and nine months ended September 30, 2021 and 2020 includes integration costs associated with the acquisition of St. Jude Medical and Alere, and restructuring charges. 2021 restructuring charges include Abbott’s restructuring plan for its COVID-19 test manufacturing network. Other, net for the nine months ended September 30, 2021 also includes costs related to certain litigation. Other, net for the three and nine months ended September 30, 2020 also includes costs related to asset impairments, partially offset by income from the settlement of litigation.