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 | Sep-30-17 | Dec-31-16 |
| Revenues | 14,057.0 | 12,683.0 | 11,618.0 | 11,120.0 | 7,442.0 | 6,690.0 | 4,269.0 | 6,440.0 |
| Revenue growth | 10.8% | 9.2% | 4.5% | 49.4% | 11.2% | 3.9% | | 2.5% |
| Cost of goods sold | 6,734.0 | 5,706.0 | 5,132.0 | 4,778.0 | 3,560.0 | 2,695.0 | 2,225.0 | 2,582.0 |
| Gross profit | 7,323.0 | 6,977.0 | 6,486.0 | 6,342.0 | 3,882.0 | 3,995.0 | 2,044.0 | 3,858.0 |
| Gross margin | 52.1% | 55.0% | 55.8% | 57.0% | 52.2% | 59.7% | 47.9% | 59.9% |
| Selling, general and administrative | 4,645.0 | 4,153.0 | 3,978.0 | 3,962.0 | 2,635.0 | 2,556.0 | 1,147.0 | 2,329.0 |
| EBITA | 2,921.0 | 3,028.0 | 2,680.0 | 2,504.0 | 1,358.0 | 1,393.0 | 1,038.0 | 1,434.0 |
| EBITA margin | 20.8% | 23.9% | 23.1% | 22.5% | 18.2% | 20.8% | 24.3% | 22.3% |
| Amortization of intangibles | 138.0 | 134.0 | 133.0 | 126.0 | 121.0 | 7.0 | 96.0 | 3.0 |
| EBIT | 2,783.0 | 2,894.0 | 2,547.0 | 2,378.0 | 1,237.0 | 1,386.0 | 942.0 | 1,431.0 |
| EBIT margin | 19.8% | 22.8% | 21.9% | 21.4% | 16.6% | 20.7% | 22.1% | 22.2% |
| Pre-tax income | 1,719.0 | 2,798.0 | 1,753.0 | 1,694.0 | 791.0 | 1,173.0 | 567.0 | 1,283.0 |
| Income taxes | 284.0 | 653.0 | 428.0 | 440.0 | 202.0 | 95.0 | 184.0 | 434.0 |
| Tax rate | 16.5% | 23.3% | 24.4% | 26.0% | 25.5% | 8.1% | 32.5% | 33.8% |
| Net income | 1,436.0 | 2,146.0 | 1,325.0 | 1,254.0 | 586.0 | 1,076.0 | 378.0 | 847.0 |
| Net margin | 10.2% | 16.9% | 11.4% | 11.3% | 7.9% | 16.1% | 8.9% | 13.2% |
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| Diluted EPS | $1.01 | $1.50 | $0.93 | $0.88 | $0.53 | $5.90 | $0.48 | $4.55 |
| Shares outstanding (diluted) | 1,428.5 | 1,427.9 | 1,422.1 | 1,419.1 | 1,097.6 | 182.8 | 790.5 | 186.6 |
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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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