Business Segments (Tables)

6 Months Ended

Jun. 30, 2021

Business Segments

Business Segment Information

	Three months ended				Six months ended
(Millions)	June 30,				June 30,
Net Sales	2021		2020		2021		2020
Safety and Industrial	$	3,254	$	2,657	$	6,581	$	5,584
Transportation and Electronics		2,482		1,937		5,013		4,176
Health Care		2,278		1,823		4,526		3,927
Consumer		1,482		1,231		2,855		2,481
Corporate and Unallocated		1		1		(1)		1
Elimination of Dual Credit		(547)		(473)		(1,173)		(918)
Total Company	$	8,950	$	7,176	$	17,801	$	15,251
Operating Performance
Safety and Industrial	$	718	$	623	$	1,529	$	1,317
Transportation and Electronics		546		360		1,137		824
Health Care		576		301		1,085		753
Consumer		311		278		600		543
Elimination of Dual Credit		(138)		(119)		(297)		(232)
Total business segment operating income	$	2,013	$	1,443	$	4,054	$	3,205
Corporate and Unallocated
Special items:
Significant litigation-related (charges)/benefits		—		—		—		(17)
Gain/(loss) on sale of businesses		—		387		—		389
Divestiture-related restructuring actions		—		(55)		—		(55)
Other corporate expense - net		(42)		(35)		(89)		(119)
Total Corporate and Unallocated		(42)		297		(89)		198
Total Company operating income	$	1,971	$	1,740	$	3,965	$	3,403
Other expense/(income), net	$	33	$	90	$	82	$	165
Income before income taxes	$	1,938	$	1,650	$	3,883	$	3,238