Financial Summary (All financials)
| In millions, except per share items | Jan-01-22 | Jan-02-21 | Jan-04-20 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 | Jan-03-15 |
| Revenues | 12,382 | 11,651 | 13,630 | 13,972 | 14,198 | 13,788 | 13,423 | 13,878 |
| Revenue growth | 6.3% | -14.5% | -2.4% | -1.6% | 3.0% | 2.7% | -3.3% | 14.7% |
| Cost of goods sold | 0 | 0 | 0 | 11,594 | 11,827 | 11,337 | 10,979 | 11,421 |
| Gross profit | 12,382 | 11,651 | 13,630 | 2,378 | 2,371 | 2,451 | 2,444 | 2,457 |
| Gross margin | 100.0% | 100.0% | 100.0% | 17.0% | 16.7% | 17.8% | 18.2% | 17.7% |
| Selling, general and administrative | 1,221 | 1,045 | 1,152 | 1,275 | 1,334 | 1,317 | 1,304 | 1,361 |
| EBITA | 1,074 | 649 | 1,244 | 1,245 | 1,135 | 1,239 | 1,201 | 1,158 |
| EBITA margin | 8.7% | 5.6% | 9.1% | 8.9% | 8.0% | 9.0% | 8.9% | 8.3% |
| Amortization of intangibles | 51 | 54 | 59 | 66 | 69 | 66 | 61 | 62 |
| EBIT | 1,023 | 595 | 1,185 | 1,179 | 1,066 | 1,173 | 1,140 | 1,096 |
| EBIT margin | 8.3% | 5.1% | 8.7% | 8.4% | 7.5% | 8.5% | 8.5% | 7.9% |
| Pre-tax income | 873 | 282 | 942 | 1,384 | 762 | 876 | 971 | 853 |
| Income taxes | 126 | -27 | 127 | 162 | 456 | 33 | 273 | 248 |
| Tax rate | 14.4% | | 13.5% | 11.7% | 59.8% | 3.8% | 28.1% | 29.1% |
| Net income | 746 | 309 | 815 | 1,222 | 307 | 962 | 697 | 600 |
| Net margin | 6.0% | 2.7% | 6.0% | 8.7% | 2.2% | 7.0% | 5.2% | 4.3% |
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| Diluted EPS | $3.30 | $1.35 | $3.50 | $4.83 | $1.14 | $3.10 | $2.50 | $2.15 |
| Shares outstanding (diluted) | 227 | 229 | 233 | 253 | 269 | 272 | 279 | 282 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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