Net sales and other revenues by segment | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | ($ millions) | | 2024 | 2023 | | 2024 | 2023 | | Surgical | | | | | | | | Implantables | | 464 | | 437 | | | 897 | | 864 | | | Consumables | | 736 | | 714 | | | 1,422 | | 1,370 | | | Equipment/other | | 223 | | 231 | | | 442 | | 452 | | | Total Surgical net sales to third parties | | 1,423 | | 1,382 | | | 2,761 | | 2,686 | | | Vision Care | | | | | | | | Contact lenses | | 636 | | 594 | | | 1,307 | | 1,209 | | | Ocular health | | 423 | | 426 | | | 858 | | 840 | | | Total Vision Care net sales to third parties | | 1,059 | | 1,020 | | | 2,165 | | 2,049 | | | Total net sales to third parties | | 2,482 | | 2,402 | | | 4,926 | | 4,735 | | | Vision Care other revenues | | 14 | | 20 | | | 29 | | 39 | | | Total net sales and other revenues | | 2,496 | | 2,422 | | | 4,955 | | 4,774 | |
Segment contribution and reconciliation to income before taxes | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | ($ millions) | | 2024 | 2023 | | 2024 | 2023 | | Segment contribution | | | | | | | Surgical | | 403 | | 407 | | | 789 | | 788 | | Vision Care | | 180 | | 174 | | | 438 | | 373 | | | Total segment contribution | | 583 | | 581 | | | 1,227 | | 1,161 | | | Not allocated to segments: | | | | | | | | Amortization of intangible assets | | (184) | | (187) | | | (367) | | (377) | | | Impairment charges on intangible assets | | (9) | | — | | | (9) | | — | | | General & administration (corporate) | | (73) | | (74) | | | (148) | | (142) | | | | | | | | | | Transformation costs | | — | | (26) | | | — | | (52) | | | | | | | | | | | | | | | | | Integration related costs | | — | | (8) | | | — | | (14) | | | | | | | | | | Other | | 1 | | (16) | | | (17) | | (38) | | | Operating income | | 318 | | 270 | | | 686 | | 538 | | | Interest expense | | (50) | | (48) | | | (95) | | (95) | | | Other financial income & expense | | 12 | | (9) | | | 24 | | (17) | | | Income before taxes | | 280 | | 213 | | | 615 | | 426 | |
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