Stryker Corp., adjusted current assets

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Current assets	10,017)	9,707)	11,360)	9,733)	7,993)
Adjustments
Add: Allowance for doubtful accounts	167)	131)	88)	64)	59)
After Adjustment
Adjusted current assets	10,184)	9,838)	11,448)	9,797)	8,052)

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Stryker Corp., adjusted total assets

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Total assets	34,631)	34,330)	30,167)	27,229)	22,197)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	308)	296)
Add: Allowance for doubtful accounts	167)	131)	88)	64)	59)
Less: Noncurrent deferred income tax assets²	1,760)	1,530)	1,575)	1,678)	283)
After Adjustment
Adjusted total assets	33,038)	32,931)	28,680)	25,923)	22,269)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Noncurrent deferred income tax assets. See details »

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Stryker Corp., adjusted total liabilities

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Total liabilities	19,754)	21,246)	17,360)	15,499)	12,217)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	308)	296)
Less: Noncurrent deferred income tax liabilities (included in Other noncurrent liabilities)²	68)	117)	108)	54)	47)
After Adjustment
Adjusted total liabilities	19,686)	21,129)	17,252)	15,753)	12,466)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Noncurrent deferred income tax liabilities (included in Other noncurrent liabilities). See details »

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Stryker Corp., adjusted total Stryker shareholders’ equity

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Total Stryker shareholders’ equity	14,877)	13,084)	12,807)	11,730)	9,966)
Adjustments
Less: Net deferred income tax assets (liabilities)¹	1,692)	1,413)	1,467)	1,624)	236)
Add: Allowance for doubtful accounts	167)	131)	88)	64)	59)
Add: Non-controlling interest	—)	—)	—)	—)	14)
After Adjustment
Adjusted total shareholders’ equity	13,352)	11,802)	11,428)	10,170)	9,803)

¹ Net deferred income tax assets (liabilities). See details »

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Stryker Corp., adjusted capitalization table

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Current maturities of debt	7)	761)	859)	1,373)	632)
Long-term debt, excluding current maturities	12,472)	13,230)	10,231)	8,486)	6,590)
Total reported debt	12,479)	13,991)	11,090)	9,859)	7,222)
Total Stryker shareholders’ equity	14,877)	13,084)	12,807)	11,730)	9,966)
Total reported capital	27,356)	27,075)	23,897)	21,589)	17,188)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	308)	296)
Add: Current operating lease liabilities (recorded in Accrued expenses and other liabilities)²	112)	109)	86)	—)	—)
Add: Noncurrent operating lease liabilities (recorded in Other noncurrent liabilities)³	310)	325)	301)	—)	—)
Adjusted total debt	12,901)	14,425)	11,477)	10,167)	7,518)
Adjustments to Equity
Less: Net deferred income tax assets (liabilities)⁴	1,692)	1,413)	1,467)	1,624)	236)
Add: Allowance for doubtful accounts	167)	131)	88)	64)	59)
Add: Non-controlling interest	—)	—)	—)	—)	14)
Adjusted total shareholders’ equity	13,352)	11,802)	11,428)	10,170)	9,803)
After Adjustment
Adjusted total capital	26,253)	26,227)	22,905)	20,337)	17,321)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (recorded in Accrued expenses and other liabilities). See details »

³ Noncurrent operating lease liabilities (recorded in Other noncurrent liabilities). See details »

⁴ Net deferred income tax assets (liabilities). See details »

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Stryker Corp., adjusted net earnings

US$ in millions

12 months ended:	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
As Reported
Net earnings	1,994)	1,599)	2,083)	3,553)	1,020)
Adjustments
Add: Deferred income tax expense (benefit)¹	(237)	48)	126)	(1,582)	36)
Add: Increase (decrease) in allowance for doubtful accounts	36)	43)	24)	5)	3)
Add: Other comprehensive income (loss), net of tax	626)	(551)	25)	(78)	208)
After Adjustment
Adjusted net earnings	2,419)	1,139)	2,258)	1,898)	1,267)

¹ Deferred income tax expense (benefit). See details »

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Stryker Corp. (NYSE:SYK)

Adjustments to Financial Statements