Financial Summary (All financials)
| In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Dec-31-20 | Jun-30-20 | Jun-05-20 | Dec-31-19 | Dec-05-19 |
| Revenues | 14,694.0 | 14,544.0 | 12,861.0 | 0.0 | 12,468.0 | 0.0 | 0.0 | 0.0 |
| Revenue growth | 1.0% | 13.1% | 3.2% | 0.3% | 31.8% | 31.8% | | |
| Cost of goods sold | 11,969.0 | 11,724.0 | 10,129.0 | 0.0 | 9,932.0 | 0.0 | 0.0 | 0.0 |
| Gross profit | 2,725.0 | 2,820.0 | 2,732.0 | 0.0 | 2,536.0 | 0.0 | 0.0 | 0.0 |
| Gross margin | 18.5% | 19.4% | 21.2% | 21.0% | 20.3% | 20.3% | 18.8% | 18.8% |
| Selling, general and administrative | 1,246.0 | 1,284.0 | 1,292.0 | 0.0 | 1,385.0 | 0.0 | 0.0 | 0.0 |
| Research and development | 101.0 | 96.0 | 100.0 | 0.0 | 97.0 | 0.0 | 0.0 | 0.0 |
| EBITA | 1,895.0 | 1,557.0 | 1,522.0 | 0.0 | 1,185.0 | 0.0 | 0.0 | 0.0 |
| EBITA margin | 12.9% | 10.7% | 11.8% | 7.2% | 9.5% | 9.0% | 4.9% | 7.3% |
| Amortization of intangibles | 174.0 | 180.0 | 182.0 | | 204.0 | | | |
| EBIT | 1,721.0 | 1,377.0 | 1,340.0 | 0.0 | 981.0 | 0.0 | 0.0 | 0.0 |
| EBIT margin | 11.7% | 9.5% | 10.4% | 7.2% | 7.9% | 9.0% | 4.9% | 7.3% |
| Pre-tax income | 1,251.0 | 1,115.0 | 1,193.0 | 0.0 | 825.0 | 0.0 | 0.0 | 0.0 |
| Income taxes | -193.0 | -300.0 | -261.0 | 0.0 | -187.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | | | | 100.0% | | | 102.5% | |
| Earnings from continuing ops | 1,261.0 | 1,125.0 | 1,205.0 | | 612.0 | 0.0 | 0.0 | 0.0 |
| Earnings from discontinued ops | | | | | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income | 1,261.0 | 1,125.0 | 1,205.0 | 0.0 | 612.0 | 0.0 | 0.0 | 0.0 |
| Net margin | 8.6% | 7.7% | 9.4% | 0.0% | 4.9% | 4.9% | -0.1% | 4.1% |
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| Diluted EPS | $0.85 | $0.74 | $0.77 | $0.00 | $0.38 | $0.39 | $0.00 | $0.16 |
| Shares outstanding (diluted) | 1,478.0 | 1,516.0 | 1,556.0 | 0.0 | 1,602.0 | 0.0 | 0.0 | 0.0 |
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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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