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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
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 (in millions, except percentages):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Net sales
2019
 
2018
 
2019
 
2018
MedSurg
$
845

 
$
746

 
$
2,429

 
$
2,207

Rhythm and Neuro
780

 
740

 
2,323

 
2,252

Cardiovascular
1,011

 
908

 
3,009

 
2,806

Reportable segment net sales
2,636

 
2,393

 
7,760

 
7,262

BTG Acquisition(1)
71

 
n/a

 
71

 
n/a

Net sales
$
2,707

 
$
2,393

 
$
7,831

 
$
7,262

 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Income (loss) before income taxes
2019
 
2018
 
2019
 
2018
MedSurg
$
319

 
$
274

 
$
870

 
$
807

Rhythm and Neuro
166

 
168

 
488

 
481

Cardiovascular
281

 
268

 
857

 
858

Operating income of reportable segments
766

 
710

 
2,216

 
2,146

BTG Acquisition(1)
16

 
n/a

 
16

 
n/a

Corporate expenses, including hedging activities
(75
)
 
(97
)
 
(215
)
 
(297
)
Intangible asset impairment charges, acquisition/divestiture-related, restructuring- and restructuring-related, litigation-related net (charges) credits and medical device regulation charges
(146
)
 
(77
)
 
(210
)
 
(225
)
Amortization expense
(178
)
 
(148
)
 
(498
)
 
(437
)
Operating income (loss)
383

 
388

 
1,308

 
1,187

Other expense, net
(292
)
 
68

 
(615
)
 
(61
)
Income (loss) before income taxes
$
91

 
$
456

 
$
693

 
$
1,126

 
 
 
 
 
 
 
 
Reportable segment operating income as a percentage of reportable segment net sales
Three Months Ended September 30,
 
Nine Months Ended September 30,
2019
 
2018
 
2019
 
2018
MedSurg
37.8
%
 
36.8
%
 
35.8
%
 
36.6
%
Rhythm and Neuro
21.3
%
 
22.7
%
 
21.0
%
 
21.4
%
Cardiovascular
27.8
%
 
29.5
%
 
28.5
%
 
30.6
%