Overview Financials News + Filings Key Docs Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 |
| | 8-K | 8-K |
| Total revenues | 4,938 | 4,589 |
| Revenue growth | 7.6% | |
| Cost of goods sold [+] | 3,006 | 2,727 |
| Cost of product sales | 2,150 | 1,901 |
| Cost of services | 856 | 826 |
| Gross profit | 1,932 | 1,862 |
| Gross margin | 39.1% | 40.6% |
| Selling, general and administrative | 884 | 910 |
| Research and development | 271 | 225 |
| EBIT [+] | 777 | 727 |
| EBIT growth | 6.9% | |
| EBIT margin | 15.7% | 15.8% |
| Other income (expense), net | -59 | 28 |
| Pre-tax income | 718 | 755 |
| Income taxes | 151 | 179 |
| Tax rate | 21.0% | 23.7% |
| Earnings from continuing ops | 567 | 576 |
| Earnings from discontinued ops | 6 | |
| Net income | 573 | 576 |
| Net margin | 11.6% | 12.6% |
| |
| |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|