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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Reporting Information By Segment
A reconciliation of the totals reported for the reportable segments to the applicable line items in our accompanying unaudited condensed consolidated statements of operations is as follows:
 
 
Three Months Ended
March 31,
(in millions)
 
2018
 
2017
 
 
 
 
 
Net sales
 
 
 
 
MedSurg*
 
$
711

 
$
641

Rhythm and Neuro*
 
736

 
668

Cardiovascular
 
933

 
851

 
 
$
2,379

 
$
2,160

 
 
 
 
 
Income (loss) before income taxes
 
 
 
 
MedSurg*
 
$
259

 
$
215

Rhythm and Neuro*
 
153

 
109

Cardiovascular
 
290

 
233

Operating income allocated to reportable segments
 
703

 
557

Corporate expenses, including hedging activities
 
(100
)
 
(61
)
Intangible asset impairment charges, acquisition-related, restructuring- and restructuring-related and litigation-related net credits (charges)
 
(54
)
 
11

Amortization expense
 
(141
)
 
(143
)
Operating income (loss)
 
407

 
364

Other expense, net
 
(84
)
 
(59
)
Income (loss) before income taxes
 
$
323

 
$
305


 
 
Three Months Ended
March 31,
Operating income as a percentage of segment net sales
 
2018
 
2017
MedSurg*
 
36.4
%
 
33.5
%
Rhythm and Neuro*
 
20.8
%
 
16.3
%
Cardiovascular
 
31.1
%
 
27.3
%