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 |
| Revenues | 14,913 | 13,974 | 12,909 | 12,303 | 11,389 | 10,153 | 9,921 |
| Revenue growth | 6.7% | 8.3% | 4.9% | 8.0% | 12.2% | 2.3% | |
| Cost of goods sold | 9,689 | 9,117 | 8,037 | 7,807 | 7,327 | 6,505 | 6,100 |
| Gross profit | 5,224 | 4,857 | 4,872 | 4,496 | 4,062 | 3,648 | 3,821 |
| Gross margin | 35.0% | 34.8% | 37.7% | 36.5% | 35.7% | 35.9% | 38.5% |
| Selling, general and administrative | 2,049 | 1,920 | 1,807 | 1,741 | 1,419 | 1,209 | 1,092 |
| EBITA | 2,949 | 2,640 | 2,863 | 2,984 | 2,472 | 2,298 | 2,575 |
| EBITA margin | 19.8% | 18.9% | 22.2% | 24.3% | 21.7% | 22.6% | 26.0% |
| Amortization of intangibles | 74 | 66 | 63 | 36 | 15 | 14 | 15 |
| EBIT | 2,875 | 2,574 | 2,800 | 2,948 | 2,457 | 2,284 | 2,560 |
| EBIT margin | 19.3% | 18.4% | 21.7% | 24.0% | 21.6% | 22.5% | 25.8% |
| Pre-tax income | 1,736 | 1,694 | 2,918 | 1,464 | 2,224 | 2,170 | 2,241 |
| Income taxes | 483 | 461 | 717 | 402 | 581 | -58 | 832 |
| Tax rate | 27.8% | 27.2% | 24.6% | 27.5% | 26.1% | | 37.1% |
| Net income | 1,239 | 1,205 | 2,150 | 999 | 1,595 | 2,187 | 1,372 |
| Net margin | 8.3% | 8.6% | 16.7% | 8.1% | 14.0% | 21.5% | 13.8% |
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| Diluted EPS | $2.33 | $2.11 | $3.61 | $1.62 | $2.57 | $3.52 | $2.21 |
| Shares outstanding (diluted) | 531 | 570 | 595 | 616 | 621 | 621 | 621 |
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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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