Financial Summary (All financials)
| In millions, except per share items | Mar-31-16 | Mar-31-15 | Mar-31-14 | Mar-31-13 | Mar-31-12 | Mar-31-11 |
| Revenues | 1,178,290 | 1,028,385 | 875,109 | 709,270 | 682,320 | 675,988 |
| Revenue growth | 14.6% | 17.5% | 23.4% | 3.9% | 0.9% | |
| Cost of goods sold | 908,311 | 786,486 | 674,903 | 572,634 | 523,729 | 500,034 |
| Gross profit | 269,979 | 241,899 | 200,206 | 136,636 | 158,591 | 175,954 |
| Gross margin | 22.9% | 23.5% | 22.9% | 19.3% | 23.2% | 26.0% |
| Selling, general and administrative | 93,463 | 85,781 | 77,534 | 84,760 | 55,471 | 55,348 |
| Research and development | 51,978 | 45,179 | 37,808 | 34,278 | 30,050 | 27,737 |
| EBITA | 132,827 | 118,174 | 91,232 | 22,238 | 81,666 | 95,480 |
| EBITA margin | 11.3% | 11.5% | 10.4% | 3.1% | 12.0% | 14.1% |
| Amortization of intangibles | 8,288 | 7,206 | 6,393 | 4,627 | 2,664 | 2,605 |
| EBIT | 124,539 | 110,968 | 84,839 | 17,611 | 79,002 | 92,875 |
| EBIT margin | 10.6% | 10.8% | 9.7% | 2.5% | 11.6% | 13.7% |
| Pre-tax income | 119,328 | 107,092 | 84,460 | 13,398 | 70,856 | 81,966 |
| Income taxes | -26,466 | -29,033 | -25,658 | -6,562 | 18,801 | -18,309 |
| Tax rate | | | | | 26.5% | |
| Earnings from continuing ops | 91,810 | 76,015 | 56,272 | 7,986 | 48,499 | 58,504 |
| Earnings from discontinued ops | | | | | -7,768 | -6,171 |
| Net income | 91,810 | 76,015 | 56,272 | 7,986 | 40,731 | 52,333 |
| Net margin | 7.8% | 7.4% | 6.4% | 1.1% | 6.0% | 7.7% |
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| Diluted EPS | $308.20 | $256.24 | $193.72 | $27.71 | $165.07 | $405.81 |
| Shares outstanding (diluted) | 298 | 297 | 290 | 288 | 294 | 144 |
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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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