Business Segments (Tables)

6 Months Ended

Jun. 30, 2020

Business Segments

Business Segment Information

	Three months ended				Six months ended
	June 30,				June 30,
Net Sales (Millions)	2020		2019		2020		2019
Safety and Industrial	$	2,668	$	2,937	$	5,603	$	5,900
Transportation and Electronics		1,937		2,450		4,175		4,805
Health Care		1,825		1,831		3,928		3,569
Consumer		1,238		1,320		2,494		2,520
Corporate and Unallocated		(2)		48		(1)		70
Elimination of Dual Credit		(490)		(415)		(948)		(830)
Total Company	$	7,176	$	8,171	$	15,251	$	16,034
Operating Performance (Millions)
Safety and Industrial	$	636	$	647	$	1,362	$	1,284
Transportation and Electronics		382		591		864		1,110
Health Care		306		483		762		942
Consumer		287		273		556		508
Elimination of Dual Credit		(123)		(100)		(239)		(197)
Total business segment operating income	$	1,488	$	1,894	$	3,305	$	3,647
Corporate and Unallocated
Special items:
Significant litigation-related (charges)/benefits	$	—	$	—	$	(17)	$	(548)
Gain/(loss) on sale of businesses		387		—		389		8
Divestiture-related restructuring actions		(55)		—		(55)		—
Other corporate expense - net		(80)		(192)		(219)		(269)
Total Corporate and Unallocated		252		(192)		98		(809)
Total Company operating income	$	1,740	$	1,702	$	3,403	$	2,838
Other expense/(income), net	$	111	$	256	$	207	$	304
Income before income taxes	$	1,629	$	1,446	$	3,196	$	2,534