SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Third Party Net Sales

The Company’s segment information for the three and nine months ended September 30, 2021 and 2020 was as follows:

Net Sales

	Three Months Ended				Nine Months Ended
(in millions)	2021		2020		2021		2020
Technologies & Equipment	$	612	$	497	$	1,824	$	1,327
Consumables	428		386		1,304		936
Total net sales	$	1,040	$	883	$	3,128	$	2,263

Segment Adjusted Operating Income

Segment Adjusted Operating Income

	Three Months Ended				Nine Months Ended
(in millions)	2021		2020		2021		2020
Technologies & Equipment (a)	$	134	$	122	$	391	$	231
Consumables (a)	123		114		426		166
Segment adjusted operating income (loss)	257		236		817		397
Reconciling items expense (income):
All other (b)	67		95		199		174
Goodwill impairment	—		—		—		157
Restructuring and other costs	3		18		11		62
Interest expense, net	14		14		43		31
Other expense (income), net	5		1		4		4
Amortization of intangible assets	56		49		167		143
Depreciation and other adjustments resulting from the fair value step-up of property, plant, and equipment from business combinations	(1)		2		4		5
Income (loss) before income taxes	$	113	$	57	$	389	$	(179)

(a) Certain charges related to discontinuance of product lines which were previously reported in adjusted operating income for the reportable segments, $33 million and $34 million for the three and nine months ended September 30, 2020, respectively, have been reclassified to the “All other” category to conform to current year presentation and the Company’s internal reporting in the Chief Operating Decision Maker package. These amounts are not material to the measure of segment results for the years presented.

(b) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.