Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 1,647 | 1,421 | 1,132 | 1,096 |
| Revenue growth | 15.9% | 25.6% | 3.2% | |
| Cost of goods sold | 340 | 275 | 230 | 219 |
| Gross profit | 1,307 | 1,147 | 902 | 877 |
| Gross margin | 79.4% | 80.7% | 79.7% | 80.0% |
| General and administrative | 91 | 65 | 33 | 32 |
| EBITA | 724 | 598 | 708 | 488 |
| EBITA margin | 44.0% | 42.1% | 62.5% | 44.5% |
| Amortization of intangibles | 21 | 21 | 21 | 17 |
| EBIT | 703 | 577 | 687 | 471 |
| EBIT margin | 42.7% | 40.6% | 60.7% | 43.0% |
| Pre-tax income | 434 | 209 | 440 | 279 |
| Income taxes | 33 | 17 | 1 | 1 |
| Tax rate | 7.6% | 7.9% | 0.3% | 0.2% |
| Net income | 401 | 193 | 439 | 279 |
| Net margin | 24.3% | 13.6% | 38.8% | 25.4% |
| |
| Diluted EPS | $294,485,294.12 | $370,384,615.38 | $255,290,697.67 | $1.76 |
| Shares outstanding (diluted) | 0 | 0 | 0 | 158 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|