SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Third Party Net Sales

The Company’s segment information for the three months ended March 31, 2022 and 2021 was as follows:

Net Sales

	Three Months Ended
(in millions)	2022		2021
Technologies & Equipment	$	565	$	595
Consumables	404		431
Total net sales	$	969	$	1,026

Segment Adjusted Operating Income

Segment Adjusted Operating Income

	Three Months Ended
(in millions)	2022		2021
Technologies & Equipment	$	86	$	124
Consumables	135		149
Segment adjusted operating income	221		273
Reconciling items expense (income):
All other (a)	65		63
Restructuring and other costs	3		3
Interest expense, net	12		14
Other expense (income), net	(2)		(9)
Amortization of intangible assets	55		55
Depreciation resulting from the fair value step-up of property, plant, and equipment from business combinations	1		2
Income before income taxes	$	87	$	145

(a) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.