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 | 6,176.0 | 3,566.0 | 8,781.0 | 8,264.0 | 7,894.0 | 5,925.0 | 5,598.0 | 5,368.0 |
| Revenue growth | 73.2% | -59.4% | 6.3% | 4.7% | 33.2% | 5.8% | 4.3% | 4.1% |
| Cost of goods sold | 5,316.0 | 4,310.0 | 6,320.0 | 6,158.0 | 5,260.0 | 3,422.0 | 3,331.0 | 3,573.0 |
| Gross profit | 860.0 | -744.0 | 2,461.0 | 2,106.0 | 2,634.0 | 2,503.0 | 2,267.0 | 1,795.0 |
| Gross margin | 13.9% | -20.9% | 28.0% | 25.5% | 33.4% | 42.2% | 40.5% | 33.4% |
| Selling, general and administrative | | | | | | 375.0 | 331.0 | |
| Sales and marketing | 173.0 | 101.0 | 313.0 | 326.0 | 368.0 | 248.0 | 211.0 | 199.0 |
| General and administrative | 151.0 | 130.0 | 163.0 | 147.0 | 135.0 | | | 116.0 |
| EBIT | 675.0 | -1,549.0 | 1,107.0 | 730.0 | 1,324.0 | 1,423.0 | 1,298.0 | 942.0 |
| EBIT margin | 10.9% | -43.4% | 12.6% | 8.8% | 16.8% | 24.0% | 23.2% | 17.5% |
| Pre-tax income | 629.0 | -1,840.0 | 1,016.0 | 585.0 | 1,159.0 | 1,316.0 | 1,312.0 | 975.0 |
| Income taxes | 151.0 | -516.0 | 247.0 | 148.0 | 199.0 | 519.0 | 464.0 | 370.0 |
| Tax rate | 24.0% | 28.0% | 24.3% | 25.3% | 17.2% | 39.4% | 35.4% | 37.9% |
| Net income | 478.0 | -1,324.0 | 769.0 | 437.0 | 960.0 | 797.0 | 848.0 | 605.0 |
| Net margin | 7.7% | -37.1% | 8.8% | 5.3% | 12.2% | 13.5% | 15.1% | 11.3% |
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| Diluted EPS | $3.77 | ($10.72) | $6.19 | $3.52 | $7.75 | $6.41 | $6.55 | $4.42 |
| Shares outstanding (diluted) | 126.8 | 123.5 | 124.3 | 124.0 | 123.9 | 124.4 | 129.4 | 136.8 |
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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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