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 | 7,671.9 | 6,206.7 | 5,617.9 | 5,372.6 | 4,854.9 | 8,330.2 | 3,687.3 | 3,464.5 |
| Revenue growth | 23.6% | 10.5% | 4.6% | 10.7% | -41.7% | 125.9% | 6.4% | -0.6% |
| Cost of goods sold | 2,383.0 | 2,182.4 | 1,969.2 | 1,808.6 | 1,664.9 | 1,494.0 | 1,443.6 | 1,329.6 |
| Gross profit | 5,288.9 | 4,024.3 | 3,648.7 | 3,564.0 | 3,190.0 | 6,836.2 | 2,243.7 | 2,134.9 |
| Gross margin | 68.9% | 64.8% | 64.9% | 66.3% | 65.7% | 82.1% | 60.8% | 61.6% |
| Sales and marketing | 100.2 | 83.7 | 96.8 | 99.6 | 92.4 | 80.2 | 79.7 | 76.0 |
| General and administrative | 383.6 | 316.1 | 321.9 | 296.0 | 279.7 | 218.1 | | |
| EBIT | 3,710.0 | 2,745.7 | 2,387.0 | 2,361.4 | 2,108.8 | 1,733.4 | 1,898.9 | 1,890.9 |
| EBIT margin | 48.4% | 44.2% | 42.5% | 44.0% | 43.4% | 20.8% | 51.5% | 54.6% |
| Pre-tax income | 3,994.6 | 3,242.2 | 2,927.3 | 2,384.6 | 2,505.1 | 1,960.5 | 2,002.4 | 2,003.1 |
| Income taxes | 896.1 | 718.9 | 678.4 | 615.9 | 923.9 | 706.5 | 779.4 | 773.5 |
| Tax rate | 22.4% | 22.2% | 23.2% | 25.8% | 36.9% | 36.0% | 38.9% | 38.6% |
| Net income | 3,098.5 | 2,523.3 | 2,248.9 | 1,768.7 | 1,581.2 | 1,254.0 | 1,223.0 | 1,229.6 |
| Net margin | 40.4% | 40.7% | 40.0% | 32.9% | 32.6% | 15.1% | 33.2% | 35.5% |
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| Diluted EPS | $13.54 | $10.91 | $9.43 | $7.16 | $6.45 | $5.01 | $4.69 | $4.60 |
| Shares outstanding (diluted) | 228.8 | 231.2 | 238.6 | 246.9 | 245.1 | 250.3 | 260.9 | 267.4 |
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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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