Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-05-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 |
| Revenues | 31,488.0 | 26,777.0 | 8,690.0 | 7,991.0 | 9,821.0 | 8,148.0 | 9,478.0 | 9,074.0 |
| Revenue growth | 17.6% | 208.1% | 8.7% | -1.9% | 3.6% | -10.2% | 4.5% | 1.8% |
| Cost of goods sold | 27,457.0 | 21,026.0 | 6,575.0 | 7,280.0 | 7,303.0 | 7,108.0 | 7,108.0 | 6,886.0 |
| Gross profit | 4,031.0 | 5,751.0 | 2,115.0 | 711.0 | 2,518.0 | 1,040.0 | 2,370.0 | 2,188.0 |
| Gross margin | 12.8% | 21.5% | 24.3% | 8.9% | 25.6% | 12.8% | 25.0% | 24.1% |
| Selling, general and administrative | 1,228.0 | 1,293.0 | 810.0 | 760.0 | 827.0 | 799.0 | 799.0 | 836.0 |
| Research and development | | | | | 7.0 | 11.0 | 11.0 | 22.0 |
| EBIT | 2,282.0 | 4,149.0 | 1,293.0 | 1,417.0 | 1,318.0 | 1,236.0 | 1,171.0 | -819.0 |
| EBIT margin | 7.2% | 15.5% | 14.9% | 17.7% | 13.4% | 15.2% | 12.4% | -9.0% |
| Pre-tax income | 1,663.0 | 2,859.0 | 761.0 | 786.0 | 0.0 | 467.0 | 0.0 | -1,389.0 |
| Income taxes | 442.0 | 672.0 | 251.0 | -3,334.0 | 0.0 | 7.0 | 0.0 | -44.0 |
| Tax rate | 26.6% | 23.5% | 33.0% | | | 1.5% | | 3.2% |
| Net income | 1,221.0 | 2,187.0 | 510.0 | 4,438.0 | 0.0 | 728.0 | 0.0 | -2,153.0 |
| Net margin | 3.9% | 8.2% | 5.9% | 55.5% | 0.0% | 8.9% | 0.0% | -23.7% |
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| Diluted EPS | $5.17 | $8.93 | $2.07 | $16.81 | $0.00 | $2.36 | $0.00 | ($6.79) |
| Shares outstanding (diluted) | 236.0 | 245.0 | 246.0 | 264.0 | 264.0 | 308.0 | 308.0 | 317.0 |
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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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