Business Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2020

Business Segments and Geographic Information

Business Segment Information

	Year ended December 31,
Net Sales (Millions)	2020		2019		2018
Safety and Industrial	$	11,767	$	11,514	$	12,414
Transportation and Electronics		8,827		9,591		10,104
Health Care		8,345		7,431		6,821
Consumer		5,336		5,151		5,127
Corporate and Unallocated		(1)		110		50
Elimination of Dual Credit		(2,090)		(1,661)		(1,751)
Total Company	$	32,184	$	32,136	$	32,765
Operating Performance (Millions)
Safety and Industrial	$	3,054	$	2,510	$	2,860
Transportation and Electronics		1,927		2,221		2,643
Health Care		1,828		1,858		1,918
Consumer		1,249		1,124		1,084
Elimination of Dual Credit		(534)		(409)		(436)
Total business segment operating income	$	7,524	$	7,304	$	8,069
Corporate and Unallocated
Special items:
Significant litigation-related (charges)/benefits	$	(17)	$	(762)	$	(897)
Gain/(loss) on sale of businesses		389		114		547
Divestiture-related restructuring actions		(55)		—		(127)
Other corporate expense - net		(680)		(482)		(385)
Total Corporate and Unallocated		(363)		(1,130)		(862)
Total Company operating income	$	7,161	$	6,174	$	7,207
Other expense/(income), net		450		462		207
Income before income taxes	$	6,711	$	5,712	$	7,000

	Assets				Depreciation & Amortization						Capital Expenditures
(Millions)	2020		2019		2020		2019		2018		2020		2019		2018
Safety and Industrial	$	11,711	$	11,682	$	562	$	509	$	493	$	451	$	391	$	375
Transportation and Electronics		6,997		6,871		429		401		390		454		390		339
Health Care		14,531		14,790		626		392		262		251		264		245
Consumer		2,567		2,428		140		134		126		120		130		115
Corporate and Unallocated		11,538		8,888		154		157		217		225		524		503
Total Company	$	47,344	$	44,659	$	1,911	$	1,593	$	1,488	$	1,501	$	1,699	$	1,577

Geographic Information

	Property, Plant and
	Equipment - net
(Millions)	2020		2019
Americas	$	5,752	$	5,873
Asia Pacific		1,662		1,637
Europe, Middle East and Africa		2,007		1,823
Total Company	$	9,421	$	9,333