Business Segments (Tables)

9 Months Ended

Sep. 30, 2020

Business Segments

Business Segment Information

	Three months ended				Nine months ended
	September 30,				September 30,
Net Sales (Millions)	2020		2019		2020		2019
Safety and Industrial	$	3,024	$	2,829	$	8,627	$	8,729
Transportation and Electronics		2,314		2,500		6,489		7,305
Health Care		2,160		1,721		6,088		5,290
Consumer		1,417		1,342		3,911		3,862
Corporate and Unallocated		—		28		(1)		98
Elimination of Dual Credit		(565)		(429)		(1,513)		(1,259)
Total Company	$	8,350	$	7,991	$	23,601	$	24,025
Operating Performance (Millions)
Safety and Industrial	$	823	$	647	$	2,185	$	1,931
Transportation and Electronics		552		637		1,416		1,747
Health Care		508		459		1,270		1,401
Consumer		358		313		914		821
Elimination of Dual Credit		(145)		(111)		(384)		(308)
Total business segment operating income	$	2,096	$	1,945	$	5,401	$	5,592
Corporate and Unallocated
Special items:
Significant litigation-related (charges)/benefits		—		—		(17)		(548)
Gain/(loss) on sale of businesses		—		106		389		114
Divestiture-related restructuring actions		—		—		(55)		—
Other corporate expense - net		(187)		(40)		(406)		(309)
Total Corporate and Unallocated		(187)		66		(89)		(743)
Total Company operating income	$	1,909	$	2,011	$	5,312	$	4,849
Other expense/(income), net	$	104	$	45	$	311	$	349
Income before income taxes	$	1,805	$	1,966	$	5,001	$	4,500