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Revenue
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Contract Balances:
Deferred revenue primarily relates to revenue that is recognized over time for one-year software license contracts. Refer to Note 7 for deferred revenue balances at December 31, 2020 and 2021. Approximately $470 million of the December 31, 2020 balance was recognized as revenue during the year ended December 31, 2021, while approximately $410 million of the December 31, 2019 balance was recognized as revenue during the year ended December 31, 2020.
Operating Lease Revenue:
Net sales includes rental revenue from durable medical devices as part of operating lease arrangements (reported within the Medical Solutions Division), which was $582 million and $586 million for the year ended December 31, 2021 and December 31, 2020, respectively. Applicable rental revenue for the year ended December 31, 2019 was not material.
Disaggregated revenue information:
The Company views the following disaggregated disclosures as useful to understanding the composition of revenue recognized during the respective reporting periods:
Year ended December 31,
Net Sales (Millions)202120202019
Abrasives$1,410 $1,179 $1,386 
Automotive Aftermarket1,241 1,099 1,226 
Closure and Masking Systems1,033 993 1,111 
Electrical Markets1,254 1,116 1,201 
Industrial Adhesives and Tapes3,007 2,542 2,669 
Personal Safety4,499 4,432 3,503 
Roofing Granules428 389 366 
Other Safety and Industrial8 (16)28 
Total Safety and Industrial Business Segment12,880 11,734 11,490 
Advanced Materials1,205 1,037 1,245 
Automotive and Aerospace1,857 1,614 1,914 
Commercial Solutions1,766 1,529 1,786 
Electronics4,014 3,771 3,713 
Transportation Safety918 890 942 
Other Transportation and Electronics9 (8)(5)
Total Transportation and Electronics Business Segment9,769 8,833 9,595 
Drug Delivery 146 372 
Food Safety373 341 341 
Health Information Systems1,220 1,140 1,177 
Medical Solutions5,068 4,787 3,435 
Oral Care1,427 1,076 1,321 
Separation and Purification Sciences960 853 790 
Other Health Care2 (5)
Total Health Care Business Group9,050 8,345 7,431 
Consumer Health and Safety613 563 603 
Home Care1,097 1,066 991 
Home Improvement2,626 2,336 2,074 
Stationery and Office1,379 1,197 1,358 
Other Consumer141 149 103 
Total Consumer Business Group5,856 5,311 5,129 
Corporate and Unallocated2 (2)109 
Elimination of Dual Credit(2,202)(2,037)(1,618)
Total Company$35,355 $32,184 $32,136 
Year ended December 31,
Net Sales (Millions)202120202019
Americas$18,097 $16,525 $16,124 
Asia Pacific10,600 9,569 9,796 
Europe, Middle East and Africa6,660 6,109 6,226 
Other Unallocated(2)(19)(10)
Worldwide$35,355 $32,184 $32,136 
Americas included United States net sales to customers of $15.0 billion, $13.9 billion and $13.2 billion in 2021, 2020 and 2019, respectively. Asia Pacific included China/Hong Kong net sales to customers of $4.0 billion, $3.5 billion and $3.3 billion in 2021, 2020 and 2019, respectively.