Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 136,341.0 | 127,144.0 | 155,900.0 | 160,338.0 | 156,776.0 | 156.0 | 0.0 | 0.0 |
Revenue growth | 7.2% | -18.4% | -2.8% | 2.3% | 100397.4% | | | -100.0% |
Cost of goods sold | 114,651.0 | 112,752.0 | 134,693.0 | 136,269.0 | 131,321.0 | 126,195.0 | 0.0 | 0.0 |
Gross profit | 21,690.0 | 14,392.0 | 21,207.0 | 24,069.0 | 25,455.0 | -126,039.0 | 0.0 | 0.0 |
Gross margin | 15.9% | 11.3% | 13.6% | 15.0% | 16.2% | -80794.2% | | |
Selling, general and administrative | 11,915.0 | 10,193.0 | 11,161.0 | 11,403.0 | 11,527.0 | 10,972.0 | | |
General and administrative | | | | | | | 3,614.3 | 3,049.7 |
EBIT | 4,850.0 | -4,366.0 | 606.0 | 3,326.0 | 6,082.0 | 6,070.0 | 0.0 | 0.0 |
EBIT margin | 3.6% | -3.4% | 0.4% | 2.1% | 3.9% | 3891.0% | | |
Pre-tax income | 17,780.0 | -1,116.0 | -640.0 | 4,345.0 | 8,159.0 | 6,784.0 | 0.0 | 0.0 |
Income taxes | -130.0 | 160.0 | -724.0 | 650.0 | 402.0 | 2,184.0 | 0.0 | 0.0 |
Tax rate | | | 113.1% | 15.0% | 4.9% | 32.2% | | |
Net income | 17,937.0 | -1,279.0 | 47.0 | 3,677.0 | 7,731.0 | 4,589.0 | 0.0 | 0.0 |
Net margin | 13.2% | -1.0% | 0.0% | 2.3% | 4.9% | 2941.7% | | |
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Diluted EPS | $4.45 | ($0.32) | $0.01 | $0.92 | $1.93 | $1.15 | | |
Shares outstanding (diluted) | 4,034.0 | 3,973.0 | 4,004.0 | 3,998.0 | 3,998.0 | 3,999.0 | | |
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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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