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 | 25,844.0 | 20,390.0 | 21,335.7 | 21,412.8 | 21,534.6 | 21,609.0 | 20,862.0 | 19,108.8 |
| Revenue growth | 26.7% | -4.4% | -0.4% | -0.6% | -0.3% | 3.6% | 9.2% | 9.1% |
| Cost of goods sold | 20,891.4 | 16,823.6 | 17,812.7 | 18,015.5 | 18,175.6 | 18,295.8 | 17,600.5 | 16,120.1 |
| Gross profit | 4,952.6 | 3,566.4 | 3,523.0 | 3,397.3 | 3,359.0 | 3,313.2 | 3,261.5 | 2,988.7 |
| Gross margin | 19.2% | 17.5% | 16.5% | 15.9% | 15.6% | 15.3% | 15.6% | 15.6% |
| Selling, general and administrative | 2,876.2 | 2,422.0 | 2,558.6 | 2,509.8 | 2,436.2 | 2,349.4 | 2,263.5 | 2,079.6 |
| EBIT | 1,902.8 | 939.0 | 833.2 | 786.0 | 843.4 | 889.5 | 888.5 | 820.8 |
| EBIT margin | 7.4% | 4.6% | 3.9% | 3.7% | 3.9% | 4.1% | 4.3% | 4.3% |
| Pre-tax income | 1,808.4 | 550.1 | 612.6 | 529.4 | 636.5 | 702.3 | 722.7 | 682.3 |
| Income taxes | 435.1 | 168.3 | 161.8 | 133.5 | 201.5 | 270.6 | 279.0 | 262.5 |
| Tax rate | 24.1% | 30.6% | 26.4% | 25.2% | 31.7% | 38.5% | 38.6% | 38.5% |
| Earnings from continuing ops | 1,373.3 | 381.8 | 450.8 | 395.9 | 435.0 | 431.7 | 443.7 | 419.8 |
| Earnings from discontinued ops | -0.3 | -0.2 | -0.8 | 0.1 | -0.4 | -1.2 | -1.1 | -1.1 |
| Net income | 1,373.0 | 381.6 | 450.0 | 396.0 | 434.6 | 430.5 | 442.6 | 418.7 |
| Net margin | 5.3% | 1.9% | 2.1% | 1.8% | 2.0% | 2.0% | 2.1% | 2.2% |
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| Diluted EPS | $18.31 | $4.30 | $4.98 | $4.34 | $1.48 | $1.39 | $3.90 | $3.53 |
| Shares outstanding (diluted) | 75.0 | 88.7 | 90.5 | 91.3 | 294.2 | 310.7 | 113.9 | 118.9 |
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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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