Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 11,500.5 | 11,433.9 | 11,907.7 | 11,076.9 | 9,429.3 | 7,719.6 | 6,909.1 |
| Revenue growth | 0.6% | -4.0% | 7.5% | 17.5% | 22.1% | 11.7% | |
| Cost of goods sold | 7,602.9 | 7,432.3 | 7,124.6 | 6,379.9 | 5,213.2 | 4,191.6 | 3,868.8 |
| Gross profit | 3,897.6 | 4,001.6 | 4,783.1 | 4,697.0 | 4,216.1 | 3,528.0 | 3,040.3 |
| Gross margin | 33.9% | 35.0% | 40.2% | 42.4% | 44.7% | 45.7% | 44.0% |
| Selling, general and administrative | 2,563.6 | 2,441.0 | 2,575.7 | 2,498.5 | 2,180.7 | 1,625.7 | 1,408.5 |
| Research and development | 639.9 | 704.5 | 783.3 | 826.8 | 671.9 | 581.8 | 507.8 |
| EBITA | 2,198.5 | 2,318.0 | 2,861.5 | 2,567.0 | 2,178.2 | 1,686.6 | 1,499.2 |
| EBITA margin | 19.1% | 20.3% | 24.0% | 23.2% | 23.1% | 21.8% | 21.7% |
| Amortization of intangibles | 1,582.7 | 1,606.4 | 1,437.4 | 1,195.3 | 814.7 | 366.1 | 363.7 |
| EBIT | 615.8 | 711.6 | 1,424.1 | 1,371.7 | 1,363.5 | 1,320.5 | 1,135.5 |
| EBIT margin | 5.4% | 6.2% | 12.0% | 12.4% | 14.5% | 17.1% | 16.4% |
| Pre-tax income | 154.4 | 298.4 | 903.0 | 121.7 | 915.4 | 974.5 | 747.3 |
| Income taxes | 137.6 | -54.1 | 207.0 | -358.3 | 67.7 | 41.4 | 120.8 |
| Tax rate | 89.1% | | 22.9% | | 7.4% | 4.2% | 16.2% |
| Net income | 16.8 | 352.5 | 696.0 | 480.0 | 847.6 | 929.4 | 623.7 |
| Net margin | 0.1% | 3.1% | 5.8% | 4.3% | 9.0% | 12.0% | 9.0% |
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| Diluted EPS | $0.03 | $0.68 | $1.30 | $0.92 | $1.70 | $2.34 | $1.58 |
| Shares outstanding (diluted) | 516.5 | 516.5 | 536.7 | 520.5 | 497.4 | 398.0 | 394.5 |
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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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