Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 1.4 | 8,834.8 | 4,428.9 | 3,855.8 | 1,950.5 | 1,563.8 | 630.7 | 6,169.1 |
| Revenue growth | -100.0% | 99.5% | 14.9% | 97.7% | 24.7% | 148.0% | -89.8% | -5.7% |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 1,374.4 | 1,695.5 | 1,128.4 | 1,246.3 |
| Gross profit | 1.4 | 8,834.8 | 4,428.9 | 3,855.8 | 576.1 | -131.7 | -497.8 | 4,922.9 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 29.5% | -8.4% | -78.9% | 79.8% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | | | | |
| General and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 655.4 | 582.5 | 567.0 | 625.0 |
| EBITA | -1,403.7 | 13,233.3 | 5,293.1 | 4,793.3 | 1,736.3 | 2,350.8 | 775.9 | 4,749.6 |
| EBITA margin | -99201.8% | 149.8% | 119.5% | 124.3% | 89.0% | 150.3% | 123.0% | 77.0% |
| Amortization of intangibles | | | | | | | 26.4 | |
| EBIT | -1,403.7 | 13,233.3 | 5,293.1 | 4,793.3 | 1,736.3 | 2,350.8 | 749.6 | 4,749.6 |
| EBIT margin | -99201.8% | 149.8% | 119.5% | 124.3% | 89.0% | 150.3% | 118.8% | 77.0% |
| Pre-tax income | -1,059.2 | 13,648.4 | 5,726.7 | 5,168.3 | 2,256.8 | 2,784.4 | 975.2 | 5,341.7 |
| Income taxes | -35.7 | 1,353.3 | 609.1 | 528.8 | -194.1 | 224.3 | 24.6 | 66.6 |
| Tax rate | 3.4% | 9.9% | 10.6% | 10.2% | | 8.1% | 2.5% | 1.2% |
| Net income | -910.1 | 4,560.8 | 1,946.0 | 1,971.7 | 1,093.7 | 1,092.3 | 287.1 | 488.5 |
| Net margin | -64320.1% | 51.6% | 43.9% | 51.1% | 56.1% | 69.8% | 45.5% | 7.9% |
| |
| Diluted EPS | ($1.21) | $7.20 | $3.33 | $3.54 | $2.05 | $2.16 | $0.59 | $1.01 |
| Shares outstanding (diluted) | 749.5 | 633.1 | 583.7 | 557.7 | 533.7 | 506.3 | 483.4 | 482.7 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|