Financial Summary (All financials)
| In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
| Revenues | 7,389 | 7,107 | 7,341 | 6,721 | 6,214 | 6,124 | 5,973 | 5,761 |
| Revenue growth | 4.0% | -3.2% | 9.2% | 8.2% | 1.5% | 2.5% | 3.7% | 1.9% |
| Cost of goods sold | 4,481 | 4,562 | 4,142 | 3,658 | 3,486 | 3,449 | 3,302 | 3,163 |
| Gross profit | 2,908 | 2,545 | 3,199 | 3,063 | 2,728 | 2,675 | 2,671 | 2,598 |
| Gross margin | 39.4% | 35.8% | 43.6% | 45.6% | 43.9% | 43.7% | 44.7% | 45.1% |
| Selling, general and administrative | 1,917 | 1,663 | 1,794 | 1,644 | 1,468 | 1,407 | 1,409 | 1,393 |
| Sales and marketing | 734 | 709 | 790 | 675 | 612 | 570 | 599 | 587 |
| Research and development | 138 | 132 | 149 | 145 | 136 | 132 | 135 | 141 |
| EBITA | 943 | 781 | 1,203 | 1,288 | 1,139 | 1,146 | 1,137 | 1,072 |
| EBITA margin | 12.8% | 11.0% | 16.4% | 19.2% | 18.3% | 18.7% | 19.0% | 18.6% |
| Amortization of intangibles | 30 | 31 | 32 | 14 | 15 | 10 | 10 | 8 |
| EBIT | 913 | 750 | 1,171 | 1,274 | 1,124 | 1,136 | 1,127 | 1,064 |
| EBIT margin | 12.4% | 10.6% | 16.0% | 19.0% | 18.1% | 18.5% | 18.9% | 18.5% |
| Pre-tax income | 238 | 607 | 900 | 1,185 | 1,024 | 1,054 | 1,033 | 983 |
| Income taxes | 77 | 136 | 181 | 246 | 204 | 231 | 330 | 335 |
| Tax rate | 32.4% | 22.4% | 20.1% | 20.8% | 19.9% | 21.9% | 31.9% | 34.1% |
| Net income | 149 | 462 | 710 | 939 | 820 | 823 | 701 | 648 |
| Net margin | 2.0% | 6.5% | 9.7% | 14.0% | 13.2% | 13.4% | 11.7% | 11.2% |
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| Diluted EPS | $1.20 | $3.73 | $5.58 | $7.35 | $6.32 | $6.25 | $5.34 | $4.92 |
| Shares outstanding (diluted) | 124 | 124 | 127 | 128 | 130 | 132 | 132 | 132 |
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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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