Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 6,944.0 | 6,962.0 | 4,957.0 | 79.0 | 71.0 | 5,351.0 | 5,147.0 | 7,282.0 |
| Revenue growth | -0.3% | 40.4% | 6174.7% | 11.3% | -98.7% | 4.0% | -29.3% | |
| Cost of goods sold | 2,618.0 | 2,508.0 | 2,413.0 | 2,237.0 | 2,282.0 | 2,213.0 | 2,184.0 | 2,244.0 |
| Gross profit | 4,326.0 | 4,454.0 | 2,544.0 | -2,158.0 | -2,211.0 | 3,138.0 | 2,963.0 | 5,038.0 |
| Gross margin | 62.3% | 64.0% | 51.3% | -2731.6% | -3114.1% | 58.6% | 57.6% | 69.2% |
| Selling, general and administrative | 392.0 | 365.0 | 348.0 | 325.0 | 325.0 | 326.0 | 312.0 | 303.0 |
| EBIT | 3,523.0 | 3,938.0 | 1,717.0 | 2,505.0 | 1,990.0 | 1,891.0 | 1,705.0 | 1,587.0 |
| EBIT margin | 50.7% | 56.6% | 34.6% | 3170.9% | 2802.8% | 35.3% | 33.1% | 21.8% |
| Pre-tax income | 3,507.0 | 3,909.0 | 1,534.0 | 2,388.0 | 1,955.0 | 1,860.0 | 1,664.0 | 1,530.0 |
| Income taxes | 631.0 | 694.0 | 220.0 | 403.0 | 387.0 | 619.0 | 510.0 | 455.0 |
| Tax rate | 18.0% | 17.8% | 14.3% | 16.9% | 19.8% | 33.3% | 30.6% | 29.7% |
| Earnings from continuing ops | 2,146.0 | 2,400.0 | 991.0 | 1,503.0 | 1,504.0 | 1,177.0 | 1,090.0 | 1,011.0 |
| Earnings from discontinued ops | | | | | 191.0 | 22.0 | 9.0 | -13.0 |
| Net income | 2,146.0 | 2,400.0 | 991.0 | 1,503.0 | 1,695.0 | 1,199.0 | 1,099.0 | 998.0 |
| Net margin | 30.9% | 34.5% | 20.0% | 1902.5% | 2387.3% | 22.4% | 21.4% | 13.7% |
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| Diluted EPS | $2.28 | $2.49 | $1.03 | $1.50 | $1.36 | $0.98 | $0.86 | $0.76 |
| Shares outstanding (diluted) | 942.0 | 963.0 | 962.0 | 999.0 | 1,102.0 | 1,198.0 | 1,261.0 | 1,334.0 |
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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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