Segment and Geographic Data (Tables)

6 Months Ended

Jun. 30, 2025


Segment Results
	Three Months		Six Months
	2025	2024	2025	2024
MedSurg and Neurotechnology	$3,771	$3,215	$7,282	$6,312
Orthopaedics	2,251	2,207	4,606	4,353
Net sales	$6,022	$5,422	$11,888	$10,665
MedSurg and Neurotechnology	$1,414	$1,287	$2,736	$2,525
Orthopaedics	599	576	1,228	1,167
Cost of sales	$2,013	$1,863	$3,964	$3,692
MedSurg and Neurotechnology	$246	$194	$471	$389
Orthopaedics	127	136	267	270
Segment research, development and engineering expenses	$373	$330	$738	$659
MedSurg and Neurotechnology	$984	$775	$1,921	$1,538
Orthopaedics	743	756	1,590	1,507
Segment selling, general and administrative expenses	$1,727	$1,531	$3,511	$3,045
MedSurg and Neurotechnology	$58	$56	$115	$110
Orthopaedics	104	105	202	213
Segment depreciation and amortization	$162	$161	$317	$323
Corporate and Other	$40	$38	$79	$78
Amortization of intangible assets	187	155	354	308
Total depreciation and amortization	$389	$354	$750	$709
MedSurg and Neurotechnology	$1,069	$903	$2,039	$1,750
Orthopaedics	678	634	1,319	1,196
Segment operating income	$1,747	$1,537	$3,358	$2,946
Items not allocated to segments:
Corporate and Other	$(202)	$(203)	$(469)	$(466)
Inventory stepped up to fair value	(65)	(9)	(99)	(9)
Acquisition and integration-related charges	(78)	(14)	(263)	(1)
Amortization of intangible assets	(187)	(155)	(354)	(308)
Structural optimization and other special charges	(11)	(59)	(52)	(70)
Goodwill and other impairments	(55)	(16)	(90)	(19)
Medical device regulation	(7)	(15)	(19)	(28)
Recall-related matters	(22)	(17)	(55)	(22)
Regulatory and legal matters	(7)	2	(7)	—
Consolidated operating income	$1,113	$1,051	$1,950	$2,023


Segment Assets
	June 30	December 31
	2025	2024
Assets:
MedSurg and Neurotechnology	$26,909	$23,115
Orthopaedics	17,865	18,507
Total segment assets	$44,774	$41,622
Corporate and Other	1,557	1,349
Total assets	$46,331	$42,971


Segment Capital Spending	Six Months
	2025	2024
Purchases of property, plant and equipment:
MedSurg and Neurotechnology	$95	$83
Orthopaedics	101	111
Total segment purchases of property, plant and equipment	$196	$194
Corporate and Other	110	125
Total purchases of property, plant and equipment	$306	$319

STRYKER CORP 10-Q