Financial Summary (All financials)
| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 5,301,440 | 5,206,370 | 4,528,148 |
| Revenue growth | 1.8% | 15.0% | |
| Cost of goods sold | 4,046,682 | 3,818,370 | 3,177,080 |
| Gross profit | 1,254,758 | 1,388,000 | 1,351,068 |
| Gross margin | 23.7% | 26.7% | 29.8% |
| Selling, general and administrative | 0 | 2,776,000 | 0 |
| EBIT | 1,254,758 | -1,388,000 | 1,351,068 |
| EBIT margin | 23.7% | -26.7% | 29.8% |
| Pre-tax income | 1,279,812 | 1,178,121 | 1,237,791 |
| Income taxes | 135,342 | 210,626 | 124,390 |
| Tax rate | 10.6% | 17.9% | 10.0% |
| Net income | 661,587 | 571,873 | 658,514 |
| Net margin | 12.5% | 11.0% | 14.5% |
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| Diluted EPS | $13.48 | $11.65 | $14.56 |
| Shares outstanding (diluted) | 49,093 | 49,093 | 45,219 |
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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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