BDX · 8-K · 20260806PR053790

Restructuring and Impairments

BECTON DICKINSON & CO · 2026-08-06 · Importance 77 · Surprise 82 · From source text

Nine-month integration, restructuring and transaction expense increased 162.9% to $729 million from $277 million. Restructuring costs included $605 million through June 30, 2026, including $450 million of non-cash asset impairment charges across all reportable segments. The impairment charges included $238 million reducing property, plant and equipment and $134 million reducing goodwill and other intangibles. BD said the exit actions are intended to simplify operations and align resources with its Excellence Unleashed strategy, but the release did not quantify headcount reductions or facility exits.

Key facts

• Nine months ended June 30, 2026 integration, restructuring and transaction expense: $729 million versus $277 million prior year (162.9% increase). source
• Restructuring costs for the nine months ended June 30, 2026 include non-cash asset impairment charges of $450 million across all reportable segments. source
• The $450 million impairment charges are primarily reflected as decreases of $238 million within Property, plant and equipment, net, and $134 million within Goodwill and other intangibles, net on the Company’s June 30, 2026 balance sheet. source
• Third quarter reconciliation includes restructuring costs pre-tax of $48 million for the three months ended June 30, 2026 versus $57 million prior year. source

Impact estimates