XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Combined Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total net sales $ 2,016 $ 2,011
Gross profit 1,172 1,137
Selling, general and administrative expenses 596 577
Research and development expenses 195 195
Total operating expenses 1,635 1,646
Operating income 381 365
Interest expense, net 39 0
Other expense (income), net 13 2
Income before income taxes 329 363
Provision for income taxes 92 70
Net income $ 237 $ 293
Earnings per share:    
Basic earnings per share (in dollars per share) $ 1.37 $ 1.70
Diluted earnings per share (in dollars per share) $ 1.37 $ 1.70
Weighted-average number of shares outstanding:    
Basic (in shares) 172.7 172.7
Diluted (in shares) 172.7 172.7
Costs of product    
Total net sales $ 1,553 $ 1,550
Cost of goods and services sold 725 752
Net sales of software and rentals    
Total net sales 463 461
Cost of goods and services sold $ 119 $ 122