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-05-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 14,439.0 | 11,676.0 | 10,310.0 | 10,141.0 | 9,447.0 | 10,102.0 | 9,640.0 | 10,183.0 |
| Revenue growth | 23.7% | 13.2% | 1.7% | 7.3% | -2.0% | | -5.3% | -0.5% |
| Cost of goods sold | 0.0 | -4,934.0 | -4,483.0 | -3,962.0 | -3,622.0 | 0.0 | -3,383.0 | -3,402.0 |
| Gross profit | 14,439.0 | 16,610.0 | 14,793.0 | 14,103.0 | 13,069.0 | 10,102.0 | 13,023.0 | 13,585.0 |
| Gross margin | 100.0% | 142.3% | 143.5% | 139.1% | 138.3% | 100.0% | 135.1% | 133.4% |
| Selling, general and administrative | -2,019.0 | -3,448.0 | -1,973.0 | -1,569.0 | -1,491.0 | -609.0 | -1,436.0 | -1,312.0 |
| EBIT | 2,322.0 | 311.0 | 2,509.0 | 2,677.0 | 1,221.0 | 964.0 | 1,660.0 | 1,878.0 |
| EBIT margin | 16.1% | 2.7% | 24.3% | 26.4% | 12.9% | 9.5% | 17.2% | 18.4% |
| Pre-tax income | 1,343.0 | 833.0 | 1,783.0 | 1,764.0 | 478.0 | 714.0 | 1,282.0 | 1,830.0 |
| Income taxes | 556.0 | -99.0 | -249.0 | -315.0 | 49.0 | -49.0 | -938.0 | -389.0 |
| Tax rate | 41.4% | | | | 10.3% | | | |
| Earnings from continuing ops | 2,094.0 | 1,254.0 | 1,914.0 | 1,692.0 | 736.0 | 736.0 | 287.0 | 1,370.0 |
| Earnings from discontinued ops | | | 1,850.0 | 363.0 | 188.0 | 188.0 | -31.0 | |
| Net income | 2,094.0 | 1,254.0 | 3,764.0 | 2,055.0 | 924.0 | 924.0 | 256.0 | 1,370.0 |
| Net margin | 14.5% | 10.7% | 36.5% | 20.3% | 9.8% | 9.1% | 2.7% | 13.5% |
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| Diluted EPS | $6.62 | $4.01 | $6.55 | $6.00 | $2.73 | $2.73 | $1.14 | $5.45 |
| Shares outstanding (diluted) | 316.4 | 313.0 | 292.3 | 282.0 | 269.9 | 269.9 | 252.3 | 251.2 |
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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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