Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 14,551.0 | 9,247.0 | 3,546.0 | 3,478.0 |
| Revenue growth | 57.4% | 160.8% | 2.0% | |
| Cost of goods sold | 7,440.0 | 5,200.0 | 6,037.0 | 4,289.0 |
| Gross profit | 7,111.0 | 4,047.0 | -2,491.0 | -811.0 |
| Gross margin | 48.9% | 43.8% | -70.2% | -23.3% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 |
| EBIT | 8,599.0 | 4,689.0 | -3,105.0 | -690.0 |
| EBIT margin | 59.1% | 50.7% | -87.6% | -19.8% |
| Pre-tax income | 8,482.0 | 4,649.0 | -3,345.0 | -811.0 |
| Income taxes | 1,371.0 | 602.0 | -854.0 | -369.0 |
| Tax rate | 16.2% | 12.9% | 25.5% | 45.5% |
| Net income | 7,068.0 | 3,785.0 | -2,488.0 | -442.0 |
| Net margin | 48.6% | 40.9% | -70.2% | -12.7% |
| |
| Diluted EPS | $79.69 | $40.07 | ($36.77) | ($11.70) |
| Shares outstanding (diluted) | 88.7 | 94.5 | 67.7 | 37.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|