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 | 27,771.0 | 19,423.0 | 16,829.0 | 18,890.0 | 19,883.0 | 17,782.0 | 14,178.0 | 9,667.0 |
| Revenue growth | 43.0% | 15.4% | -10.9% | -5.0% | 11.8% | 25.4% | 46.7% | 46.7% |
| Cost of goods sold | 23,704.0 | 15,820.0 | 13,905.0 | 43.0 | 41.0 | 43.0 | 1,631.0 | 1,311.0 |
| Gross profit | 4,067.0 | 3,603.0 | 2,924.0 | 18,847.0 | 19,842.0 | 17,739.0 | 12,547.0 | 8,356.0 |
| Gross margin | 14.6% | 18.6% | 17.4% | 99.8% | 99.8% | 99.8% | 88.5% | 86.4% |
| Selling, general and administrative | | | | | | | | |
| Research and development | | | | | | | 193.0 | 157.0 |
| General and administrative | 2,068.0 | 1,480.0 | 1,296.0 | 1,333.0 | 1,594.0 | 1,393.0 | 1,146.0 | 765.0 |
| EBITA | 1,069.0 | 1,093.0 | 1,062.0 | 1,152.0 | -54.0 | 338.0 | 404.0 | 211.0 |
| EBITA margin | 3.8% | 5.6% | 6.3% | 6.1% | -0.3% | 1.9% | 2.8% | 2.2% |
| Amortization of intangibles | 49.0 | 15.0 | 18.0 | 21.0 | 31.0 | 32.0 | 17.0 | 18.0 |
| EBIT | 1,020.0 | 1,078.0 | 1,044.0 | 1,131.0 | -85.0 | 306.0 | 387.0 | 193.0 |
| EBIT margin | 3.7% | 5.6% | 6.2% | 6.0% | -0.4% | 1.7% | 2.7% | 2.0% |
| Pre-tax income | 875.0 | 961.0 | 972.0 | 999.0 | -612.0 | 205.0 | 322.0 | 135.0 |
| Income taxes | 216.0 | 288.0 | 235.0 | 292.0 | -100.0 | 153.0 | 179.0 | 73.0 |
| Tax rate | 24.7% | 30.0% | 24.2% | 29.2% | 16.3% | 74.6% | 55.6% | 54.1% |
| Net income | 659.0 | 673.0 | 737.0 | 707.0 | -512.0 | 52.0 | 143.0 | 62.0 |
| Net margin | 2.4% | 3.5% | 4.4% | 3.7% | -2.6% | 0.3% | 1.0% | 0.6% |
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| Diluted EPS | $11.25 | $11.24 | $11.48 | $10.62 | ($9.08) | $0.93 | $2.55 | $1.29 |
| Shares outstanding (diluted) | 58.6 | 59.9 | 64.2 | 66.6 | 56.4 | 56.2 | 56.0 | 48.0 |
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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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