Financial Summary (All financials)
| In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| Revenues | 21,827.0 | 34,292.0 | 55,475.0 | 48,335.0 | 15,702.0 | 6,799.0 | 5,843.0 | 5,417.3 |
| Revenue growth | -36.3% | -38.2% | 14.8% | 207.8% | 130.9% | 16.4% | 7.9% | -41.7% |
| Cost of goods sold | 15,394.0 | 27,029.0 | 48,414.0 | 42,580.0 | 12,266.0 | 4,175.0 | 4,285.0 | 3,802.9 |
| Gross profit | 6,433.0 | 7,263.0 | 7,061.0 | 5,755.0 | 3,436.0 | 2,624.0 | 1,558.0 | 1,614.3 |
| Gross margin | 29.5% | 21.2% | 12.7% | 11.9% | 21.9% | 38.6% | 26.7% | 29.8% |
| Selling, general and administrative | 348.0 | 475.0 | 520.0 | 482.0 | 433.0 | 173.0 | 176.0 | 173.9 |
| EBIT | 2,674.0 | 3,067.0 | 3,145.0 | 2,544.0 | 2,593.0 | 1,273.0 | 1,077.0 | 1,148.2 |
| EBIT margin | 12.3% | 8.9% | 5.7% | 5.3% | 16.5% | 18.7% | 18.4% | 21.2% |
| Pre-tax income | 438.0 | 1,398.0 | 1,593.0 | 810.0 | 1,820.0 | 719.0 | 639.0 | 804.3 |
| Income taxes | -186.0 | -123.0 | 358.0 | 97.0 | 63.0 | 19.0 | 16.0 | 12.8 |
| Tax rate | | | 22.5% | 12.0% | 3.5% | 2.6% | 2.5% | 1.6% |
| Earnings from continuing ops | -1,010.0 | -18.0 | 542.0 | -131.0 | 1,217.0 | 239.0 | 235.0 | 426.2 |
| Earnings from discontinued ops | | | 64.0 | 33.0 | -109.0 | -3.0 | -6.0 | |
| Net income | -1,010.0 | -18.0 | 606.0 | -98.0 | 1,108.0 | 236.0 | 229.0 | 426.2 |
| Net margin | -4.6% | -0.1% | 1.1% | -0.2% | 7.1% | 3.5% | 3.9% | 7.9% |
| |
| Diluted EPS | ($2.00) | ($0.04) | $1.63 | ($0.38) | $4.89 | $1.15 | $1.25 | $2.54 |
| Shares outstanding (diluted) | 505.5 | 433.5 | 332.8 | 343.4 | 249.0 | 208.1 | 188.7 | 167.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|