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Revenue Recognition
3 Months Ended
Mar. 31, 2019
Revenue Recognition [Abstract]  
Revenue Recognition
REVENUE RECOGNITION
Our policies for recognizing sales have not changed from those described in our Annual Report on Form 10-K for 2018.
We disaggregate our net sales by product line and geography for each of our segments as we believe it best depicts how the nature, amount, timing and certainty of our net sales and cash flows are affected by economic factors.
Net Sales by Product Line
 
 
 
Three Months
 
2019
2018
Orthopaedics:
 
 
Knees
$
439

$
419

Hips
336

331

Trauma and Extremities
396

389

Other
79

77

 
$
1,250

$
1,216

MedSurg:
 
 
Instruments
$
478

$
412

Endoscopy
470

444

Medical
531

511

Sustainability
65

60

 
$
1,544

$
1,427

Neurotechnology and Spine:
 
 
Neurotechnology
$
465

$
410

Spine
257

188

 
$
722

$
598

Total
$
3,516

$
3,241

Net Sales by Geography
 
 
 
 
 
 
Three Months 2019
 
Three Months 2018
 
United States
International
 
United States
International
Orthopaedics:
 
 
 
 
 
Knees
$
320

$
119

 
$
301

$
118

Hips
213

123

 
205

126

Trauma and Extremities
254

142

 
245

144

Other
63

16

 
63

14

 
$
850

$
400

 
$
814

$
402

MedSurg:
 
 
 
 
 
Instruments
$
381

$
97

 
$
316

$
96

Endoscopy
376

94

 
349

95

Medical
416

115

 
381

130

Sustainability
64

1

 
60


 
$
1,237

$
307

 
$
1,106

$
321

Neurotechnology and Spine:
 
 
 
 
 
Neurotechnology
$
297

$
168

 
$
256

$
154

Spine
195

62

 
138

50

 
$
492

$
230

 
$
394

$
204

Total
$
2,579

$
937

 
$
2,314

$
927


Contract Assets and Liabilities
On March 31, 2019 there were no contract assets recorded on our Consolidated Balance Sheets.
Our contract liabilities arise as a result of consideration received from customers at inception of contracts for certain businesses or where the timing of billing for services precedes satisfaction of our performance obligations. We generally satisfy performance obligations within one year from the contract inception date. Our contract liabilities were $331 and $327 on March 31, 2019 and December 31, 2018.