Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 4,331 | 3,645 | 3,685 | 5,744 | 5,699 | 5,749 | 9,433 | 14,911 |
| Revenue growth | 18.8% | -1.1% | | 0.8% | -0.9% | -39.1% | -36.7% | -2.3% |
| Cost of goods sold | 3,807 | 3,444 | 3,815 | 5,408 | 7,398 | 3,046 | 8,021 | 11,461 |
| Gross profit | 524 | 201 | -130 | 336 | -1,699 | 2,703 | 1,412 | 3,450 |
| Gross margin | 12.1% | 5.5% | -3.5% | 5.8% | -29.8% | 47.0% | 15.0% | 23.1% |
| Selling, general and administrative | 112 | 85 | 1,356 | 2,420 | | | | |
| Research and development | 90 | 85 | 97 | 139 | 158 | 159 | 231 | 290 |
| General and administrative | | | | | 130 | 138 | 227 | 290 |
| EBITA | 598 | 262 | 107 | 260 | -2,031 | -1,905 | -1,209 | 1,095 |
| EBITA margin | 13.8% | 7.2% | 2.9% | 4.5% | -35.6% | -33.1% | -12.8% | 7.3% |
| Amortization of intangibles | 155 | 156 | 163 | 63 | 52 | 60 | 88 | 108 |
| EBIT | 443 | 106 | -56 | 197 | -2,083 | -1,965 | -1,297 | 987 |
| EBIT margin | 10.2% | 2.9% | -1.5% | 3.4% | -36.6% | -34.2% | -13.7% | 6.6% |
| Pre-tax income | 138 | -343 | -1,814 | -2,757 | -2,656 | -2,877 | -2,096 | -255 |
| Income taxes | 87 | 86 | 85 | 34 | 137 | 496 | -145 | 284 |
| Tax rate | 63.0% | | | | | | 6.9% | |
| Net income | 26 | -450 | -1,921 | -2,811 | -2,813 | -3,392 | -1,985 | -584 |
| Net margin | 0.6% | -12.3% | -52.1% | -48.9% | -49.4% | -59.0% | -21.0% | -3.9% |
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| Diluted EPS | $0.36 | ($6.43) | ($27.44) | ($2.82) | ($2.84) | ($3.82) | ($2.55) | ($0.75) |
| Shares outstanding (diluted) | 72 | 70 | 70 | 997 | 990 | 887 | 779 | 777 |
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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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