Financial Summary (All financials)
| In millions, except per share items | Jan-02-22 | Jan-03-21 | Dec-29-19 | Dec-30-18 | Dec-31-17 | Jan-01-17 | Jan-03-16 | Dec-28-14 |
| Revenues | 4,526.0 | 3,239.0 | 3,543.0 | 3,333.0 | 2,752.0 | 2,398.0 | 2,220.0 | 1,861.4 |
| Revenue growth | 39.7% | -8.6% | 6.3% | 21.1% | 14.8% | 8.0% | 19.3% | 31.0% |
| Cost of goods sold | 1,372.0 | 1,036.0 | 1,076.0 | 1,033.0 | 926.0 | 732.0 | 671.0 | 563.6 |
| Gross profit | 3,154.0 | 2,203.0 | 2,467.0 | 2,300.0 | 1,826.0 | 1,666.0 | 1,549.0 | 1,297.7 |
| Gross margin | 69.7% | 68.0% | 69.6% | 69.0% | 66.4% | 69.5% | 69.8% | 69.7% |
| Selling, general and administrative | 2,092.0 | 941.0 | 835.0 | 794.0 | 674.0 | 584.0 | 516.0 | 466.3 |
| Research and development | 1,185.0 | 682.0 | 647.0 | 623.0 | 546.0 | 504.0 | 401.0 | 388.1 |
| EBITA | -48.0 | 611.0 | 1,022.0 | 922.0 | 652.0 | 629.0 | 686.0 | 485.4 |
| EBITA margin | -1.1% | 18.9% | 28.8% | 27.7% | 23.7% | 26.2% | 30.9% | 26.1% |
| Amortization of intangibles | 75.0 | 31.0 | 37.0 | 39.0 | 46.0 | 51.0 | 54.0 | 50.7 |
| EBIT | -123.0 | 580.0 | 985.0 | 883.0 | 606.0 | 578.0 | 632.0 | 434.7 |
| EBIT margin | -2.7% | 17.9% | 27.8% | 26.5% | 22.0% | 24.1% | 28.5% | 23.4% |
| Pre-tax income | 884.0 | 856.0 | 1,118.0 | 894.0 | 1,043.0 | 561.0 | 583.0 | 448.8 |
| Income taxes | 122.0 | 200.0 | 128.0 | 112.0 | 365.0 | 133.0 | 125.0 | 95.4 |
| Tax rate | 13.8% | 23.4% | 11.4% | 12.5% | 35.0% | 23.7% | 21.4% | 21.3% |
| Net income | 762.0 | 656.0 | 1,002.0 | 826.0 | 726.0 | 463.0 | 462.0 | 353.4 |
| Net margin | 16.8% | 20.3% | 28.3% | 24.8% | 26.4% | 19.3% | 20.8% | 19.0% |
| |
| Diluted EPS | $5.05 | $4.43 | $6.72 | $5.54 | $4.91 | $3.13 | $3.10 | $2.37 |
| Shares outstanding (diluted) | 151.0 | 148.0 | 149.0 | 149.0 | 148.0 | 148.0 | 149.0 | 149.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|