Financial Summary (All financials)
| In millions of CAD, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 12,037 | 12,611 | 12,134 |
| Revenue growth | -4.6% | 3.9% | |
| Cost of goods sold | 3,170 | 3,691 | 4,165 |
| Gross profit | 8,867 | 8,920 | 7,969 |
| Gross margin | 73.7% | 70.7% | 65.7% |
| Selling, general and administrative | 6,725 | 7,345 | 7,510 |
| EBIT | 5,312 | 5,266 | 4,624 |
| EBIT margin | 44.1% | 41.8% | 38.1% |
| Pre-tax income | 4,927 | 4,874 | 4,360 |
| Income taxes | 1,287 | 1,336 | 1,193 |
| Tax rate | 26.1% | 27.4% | 27.4% |
| Net income | 3,640 | 3,538 | 3,167 |
| Net margin | 30.2% | 28.1% | 26.1% |
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| Diluted EPS | $4.67 | $4.39 | $3.85 |
| Shares outstanding (diluted) | 779 | 805 | 824 |
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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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