Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| Revenues | 4,438.0 | 4,986.0 | 4,256.0 | 3,491.0 | 3,183.0 | 5,115.0 | 5,015.0 | 4,223.0 |
| Revenue growth | -11.0% | 17.2% | 21.9% | 9.7% | -37.8% | 2.0% | 18.8% | 24.1% |
| Cost of goods sold | 431.0 | 296.0 | 0.0 | 0.0 | 869.0 | 609.0 | 530.0 | 454.0 |
| Gross profit | 4,007.0 | 4,690.0 | 4,256.0 | 3,491.0 | 2,314.0 | 4,506.0 | 4,485.0 | 3,769.0 |
| Gross margin | 90.3% | 94.1% | 100.0% | 100.0% | 72.7% | 88.1% | 89.4% | 89.2% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 416.0 | 385.0 | 415.0 | 399.0 | 396.0 | 503.0 | 433.0 | 384.0 |
| EBIT | -159.0 | 995.0 | 321.0 | -1,522.0 | -1,070.0 | 748.0 | 1,450.0 | 1,226.0 |
| EBIT margin | -3.6% | 20.0% | 7.5% | -43.6% | -33.6% | 14.6% | 28.9% | 29.0% |
| Pre-tax income | -1,776.0 | 140.0 | -2,191.0 | -1,772.0 | -2,219.0 | 1,710.0 | 1,344.0 | 1,356.0 |
| Income taxes | -343.0 | 126.0 | -1,141.0 | -787.0 | 222.0 | 496.0 | 437.0 | 391.0 |
| Tax rate | 19.3% | 90.0% | 52.1% | 44.4% | | 29.0% | 32.5% | 28.8% |
| Earnings from continuing ops | -1,512.0 | -66.0 | -1,118.0 | -998.0 | -2,441.0 | 1,214.0 | 907.0 | 965.0 |
| Earnings from discontinued ops | | | | | | | 71.0 | 62.0 |
| Net income | -1,512.0 | -66.0 | -1,118.0 | -998.0 | -2,441.0 | 1,214.0 | 978.0 | 1,027.0 |
| Net margin | -34.1% | -1.3% | -26.3% | -28.6% | -76.7% | 23.7% | 19.5% | 24.3% |
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| Diluted EPS | ($3.16) | ($0.14) | ($2.38) | ($2.32) | ($6.07) | $3.31 | $2.50 | $2.69 |
| Shares outstanding (diluted) | 478.0 | 483.0 | 469.0 | 430.0 | 402.0 | 367.0 | 363.0 | 359.0 |
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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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