Segment Information

3 Months Ended

Apr. 02, 2021

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATIONThe Company operates and reports its results in three separate business segments consisting of the Life Sciences, Diagnostics, and Environmental & Applied Solutions segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding nonoperating income and expense, interest and income taxes. Operating profit amounts in the Other segment consist of unallocated corporate costs and other costs not considered part of management’s evaluation of reportable segment operating performance. Intersegment amounts are not significant and are eliminated to arrive at consolidated totals.

Segment results are shown below ($ in millions):

	Three-Month Period Ended
	April 2, 2021		April 3, 2020
Sales:
Life Sciences	$	3,546	$	1,650
Diagnostics	2,178		1,627
Environmental & Applied Solutions	1,134		1,066
Total	$	6,858	$	4,343
Operating profit:
Life Sciences	$	1,151	$	326
Diagnostics	626		251
Environmental & Applied Solutions	285		240
Other	(65)		(119)
Total	$	1,997	$	698