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 | 13,874.0 | 11,359.0 | 11,088.0 | 10,412.0 | 9,702.0 | 6,815.0 | 5,737.0 | 5,460.0 |
| Revenue growth | 22.1% | 2.4% | 6.5% | 7.3% | 42.4% | 18.8% | 5.1% | 7.1% |
| Cost of goods sold | 9,233.0 | 7,500.0 | 7,300.0 | 6,746.0 | 6,301.0 | 4,748.0 | 4,116.0 | 3,959.0 |
| Gross profit | 4,641.0 | 3,859.0 | 3,788.0 | 3,666.0 | 3,401.0 | 2,067.0 | 1,621.0 | 1,501.0 |
| Gross margin | 33.5% | 34.0% | 34.2% | 35.2% | 35.1% | 30.3% | 28.3% | 27.5% |
| Selling, general and administrative | 1,964.0 | 1,789.0 | 1,734.0 | 1,716.0 | 1,622.0 | 1,016.0 | 815.0 | 781.0 |
| EBITA | 2,536.0 | 1,943.0 | 1,917.0 | 1,840.0 | 1,664.0 | 968.0 | 753.0 | 652.0 |
| EBITA margin | 18.3% | 17.1% | 17.3% | 17.7% | 17.2% | 14.2% | 13.1% | 11.9% |
| Amortization of intangibles | 1,117.0 | 1,153.0 | 1,074.0 | 1,016.0 | 886.0 | 210.0 | 67.0 | 58.0 |
| EBIT | 1,419.0 | 790.0 | 843.0 | 824.0 | 778.0 | 758.0 | 686.0 | 594.0 |
| EBIT margin | 10.2% | 7.0% | 7.6% | 7.9% | 8.0% | 11.1% | 12.0% | 10.9% |
| Pre-tax income | 1,128.0 | 373.0 | 352.0 | 328.0 | 294.0 | 416.0 | 539.0 | 501.0 |
| Income taxes | 163.0 | 72.0 | 116.0 | 59.0 | -992.0 | 325.0 | 159.0 | 149.0 |
| Tax rate | 14.5% | 19.3% | 33.0% | 18.0% | | 78.1% | 29.5% | 29.7% |
| Net income | 966.0 | 279.0 | 191.0 | 259.0 | 1,277.0 | 72.0 | 387.0 | 357.0 |
| Net margin | 7.0% | 2.5% | 1.7% | 2.5% | 13.2% | 1.1% | 6.7% | 6.5% |
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| Diluted EPS | $4.95 | $1.43 | $0.96 | $1.24 | $5.74 | $0.47 | $3.08 | $2.72 |
| Shares outstanding (diluted) | 195.0 | 195.0 | 199.6 | 208.2 | 222.6 | 152.0 | 125.6 | 131.1 |
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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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