$SYK
STRYKER CORP Stock $syk

$syk Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000031076423000067 Filed on May 02, 2023

Income Statement

Concept	2023 Q1
Revenue	$4.778B
YoY Change	11.77%
Cost Of Revenue	$1.762B
YoY Change	14.34%
Gross Profit	$3.016B
YoY Change	10.31%
Gross Profit Margin	63.12%
Selling, General & Admin	$1.781B
YoY Change	4.15%
% of Gross Profit	59.05%
Research & Development	$339.0M
YoY Change	-17.92%
% of Gross Profit	11.24%
Depreciation & Amortization	$96.00M
YoY Change	4.35%
% of Gross Profit	3.18%
Operating Expenses	$2.281B
YoY Change	-0.26%
Operating Profit	$735.0M
YoY Change	64.43%
Interest Expense	$14.00M
YoY Change	-6.67%
% of Operating Profit	1.9%
Other Income/Expense, Net	-$56.00M
YoY Change	-8.2%
Pretax Income	$679.0M
YoY Change	75.91%
Income Tax	$87.00M
% Of Pretax Income	12.81%
Net Earnings	$592.0M
YoY Change	83.28%
Net Earnings / Revenue	12.39%
Basic Earnings Per Share	$1.56
Diluted Earnings Per Share	$1.54
COMMON SHARES
Basic Shares Outstanding	378.8M shares
Diluted Shares Outstanding	383.2M shares

Balance Sheet

Concept	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.757B
YoY Change	14.84%
Cash & Equivalents	$1.671B
Short-Term Investments	$86.00M
Other Short-Term Assets	$850.0M
YoY Change	25.18%
Inventory	$4.333B
Prepaid Expenses	$850.0M
Receivables	$3.215B
Other Receivables	$0.00
Total Short-Term Assets	$10.16B
YoY Change	16.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.037B
YoY Change	8.74%
Goodwill	$14.85B
YoY Change	-2.49%
Intangibles	$4.779B
YoY Change	-11.99%
Long-Term Investments
YoY Change
Other Assets	$2.567B
YoY Change	8.82%
Total Long-Term Assets	$26.68B
YoY Change	-2.69%
TOTAL ASSETS
Total Short-Term Assets	$10.16B
Total Long-Term Assets	$26.68B
Total Assets	$36.83B
YoY Change	1.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.366B
YoY Change	26.01%
Accrued Expenses	$2.640B
YoY Change	-1.27%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$1.204B
YoY Change	462.62%
Total Short-Term Liabilities	$5.866B
YoY Change	33.08%
LONG-TERM LIABILITIES
Long-Term Debt	$11.86B
YoY Change	-14.61%
Other Long-Term Liabilities	$1.587B
YoY Change	-15.63%
Total Long-Term Liabilities	$13.44B
YoY Change	-14.73%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.866B
Total Long-Term Liabilities	$13.44B
Total Liabilities	$19.94B
YoY Change	-5.48%
SHAREHOLDERS EQUITY
Retained Earnings	$15.07B
YoY Change	11.31%
Common Stock	$2.090B
YoY Change	7.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$16.90B
YoY Change
Total Liabilities & Shareholders Equity	$36.83B
YoY Change	1.92%

Cashflow Statement

Concept	2023 Q1
OPERATING ACTIVITIES
Net Income	$592.0M
YoY Change	83.28%
Depreciation, Depletion And Amortization	$96.00M
YoY Change	4.35%
Cash From Operating Activities	$445.0M
YoY Change	119.21%
INVESTING ACTIVITIES
Capital Expenditures	$130.0M
YoY Change	9.24%
Acquisitions	$0.00
YoY Change	-100.0%
Other Investing Activities	-$1.000M
YoY Change	-150.0%
Cash From Investing Activities	-$132.0M
YoY Change	-95.08%
FINANCING ACTIVITIES
Cash Dividend Paid	$284.0M
YoY Change	8.4%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$100.0M
YoY Change
Cash From Financing Activities	-$481.0M
YoY Change	-148.44%
NET CHANGE
Cash From Operating Activities	$445.0M
Cash From Investing Activities	-$132.0M
Cash From Financing Activities	-$481.0M
Net Change In Cash	-$173.0M
YoY Change	-88.36%
FREE CASH FLOW
Cash From Operating Activities	$445.0M
Capital Expenditures	$130.0M
Free Cash Flow	$315.0M
YoY Change	275.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2023Q1	us-gaap	Commercial Paper CommercialPaper	0	usd
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000310764
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-13149
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	STRYKER CORP
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MI
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	38-1239739
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	2825 Airview Boulevard
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Kalamazoo,
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	MI
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	49002
CY2023Q1	dei	City Area Code CityAreaCode	(269)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	385-2600
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	379608166	shares
CY2023Q1	us-gaap	Revenues Revenues	4778000000	usd
CY2022Q1	us-gaap	Revenues Revenues	4275000000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	1762000000	usd
CY2022Q1	us-gaap	Cost Of Revenue CostOfRevenue	1541000000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	3016000000	usd
CY2022Q1	us-gaap	Gross Profit GrossProfit	2734000000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	339000000	usd
CY2022Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	413000000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1781000000	usd
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1710000000	usd
CY2023Q1	us-gaap	Product Liability Accrual Period Expense ProductLiabilityAccrualPeriodExpense	0	usd
CY2022Q1	us-gaap	Product Liability Accrual Period Expense ProductLiabilityAccrualPeriodExpense	14000000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	161000000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	150000000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	2281000000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	2287000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	735000000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	447000000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-56000000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-61000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	679000000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	386000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	87000000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	63000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	592000000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	323000000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.56
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.86
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.54
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.84
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	379000000.0	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	377700000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	4200000	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	5000000.0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	383200000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	382700000	shares
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.750
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.695
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	592000000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	323000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	0	usd
CY2022Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-1000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	2000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	1000000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-9000000	usd
CY2022Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	1000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-73000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	53000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-84000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	52000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	508000000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	375000000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1671000000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1844000000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	86000000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	84000000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	180000000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	154000000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3215000000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3565000000	usd
CY2023Q1	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	1144000000	usd
CY2022Q4	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	1006000000	usd
CY2023Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	366000000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	348000000	usd
CY2023Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	2823000000	usd
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CY2023Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	4200000000	usd
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CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5970000000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	5805000000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2933000000	usd
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CY2022Q4	us-gaap	Goodwill Goodwill	14880000000	usd
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CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	314000000	usd
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CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-348000000	usd
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CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	23000000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-3000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	79000000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-136000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	445000000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	203000000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	2563000000	usd
CY2023Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	28000000	usd
CY2022Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	9000000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	25000000	usd
CY2022Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	11000000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	130000000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	119000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000	usd
CY2022Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-132000000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2682000000	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	-2000000	usd
CY2022Q1	us-gaap	Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess	-170000000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1500000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	100000000	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	284000000	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	262000000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	94000000	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	72000000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1000000	usd
CY2022Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-481000000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	993000000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-5000000	usd
CY2022Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-173000000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1486000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1844000000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2944000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1671000000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1458000000	usd
CY2023Q1	us-gaap	Revenues Revenues	4778000000	usd
CY2022Q1	us-gaap	Revenues Revenues	4275000000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	757000000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	741000000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	741000000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	129000000	usd
CY2023Q1	syk	Contract With Customer Liability Net Advance Consideration Received During Period ContractWithCustomerLiabilityNetAdvanceConsiderationReceivedDuringPeriod	145000000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	757000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	-25000000	usd
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-479000000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-221000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-94000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	28000000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-305000000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-531000000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	85000000	usd
CY2023Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1	-110000000	usd
CY2023Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	2038000000	usd
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	2213000000	usd
CY2023Q1	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	375000000	usd
CY2022Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	389000000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	51000000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	53000000	usd
CY2023Q1	syk	Availableforsale Securities Debt Maturities After One Through Three Years Fair Value AvailableforsaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue	35000000	usd
CY2022Q4	syk	Availableforsale Securities Debt Maturities After One Through Three Years Fair Value AvailableforsaleSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue	31000000	usd
CY2023Q1	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	14000000	usd
CY2022Q1	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	15000000	usd
CY2023Q1	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	202000000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	489000000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	473000000	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	132000000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	121000000	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	367000000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	357000000	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y3M18D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y6M
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0340
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0322
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	38000000	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	31000000	usd
CY2022Q1	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	2563000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	463000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	590000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	571000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	514000000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	493000000	usd
CY2023Q1	us-gaap	Other Long Term Debt OtherLongTermDebt	8000000	usd
CY2022Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	7000000	usd
CY2023Q1	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	13061000000	usd
CY2022Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	13048000000	usd
CY2023Q1	us-gaap	Debt Current DebtCurrent	1204000000	usd
CY2022Q4	us-gaap	Debt Current DebtCurrent	1191000000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	11857000000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	11857000000	usd
CY2023Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	51000000	usd
CY2022Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	52000000	usd
CY2023Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	2160000000	usd
CY2022Q4	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	2162000000	usd
CY2023Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	11274000000	usd
CY2022Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	10910000000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.128
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.163
CY2023Q1	us-gaap	Revenues Revenues	4778000000	usd
CY2022Q1	us-gaap	Revenues Revenues	4275000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	735000000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	447000000	usd

Files In Submission

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$SYK
STRYKER CORP Stock $syk

2023 Q1 Form 10-Q Financial Statement

#000031076423000067 Filed on May 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SYK STRYKER CORP Stock $syk

2023 Q1 Form 10-Q Financial Statement

#000031076423000067 Filed on May 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SYK
STRYKER CORP Stock $syk