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 | 16,088.9 | 15,787.4 | 15,940.7 | 33,396.4 | 12,688.1 | 4,676.5 | 2,602.5 | 5,914.9 |
| Revenue growth | 1.9% | -1.0% | -52.3% | 163.2% | 171.3% | 79.7% | -56.0% | 29.0% |
| Cost of goods sold | 4,686.3 | 4,186.3 | 4,060.8 | 3,969.5 | 5,004.1 | 3,262.7 | 2,531.9 | 4,219.6 |
| Gross profit | 11,402.6 | 11,601.1 | 11,879.9 | 29,426.9 | 7,684.0 | 1,413.8 | 70.6 | 1,695.3 |
| Gross margin | 70.9% | 73.5% | 74.5% | 88.1% | 60.6% | 30.2% | 2.7% | 28.7% |
| Sales and marketing | 3,461.7 | 3,250.6 | 3,514.8 | 3,266.4 | 2,765.1 | 1,066.0 | 374.8 | 546.5 |
| Research and development | 1,812.0 | 2,266.2 | 2,100.1 | 2,575.7 | 2,358.5 | 605.7 | 191.3 | 402.5 |
| General and administrative | 2,634.3 | 1,446.4 | 1,767.0 | 1,473.9 | 1,716.4 | 1,201.4 | 456.1 | 625.3 |
| EBITA | 5,840.3 | 6,808.0 | 5,203.6 | 5,398.6 | 3,429.6 | 760.3 | 474.5 | 946.3 |
| EBITA margin | 36.3% | 43.1% | 32.6% | 16.2% | 27.0% | 16.3% | 18.2% | 16.0% |
| Amortization of intangibles | 5,856.6 | 6,552.3 | 7,197.1 | 6,475.2 | 5,777.0 | 2,597.5 | 842.7 | 481.1 |
| EBIT | -16.3 | 255.7 | -1,993.5 | -1,076.6 | -2,347.4 | -1,837.2 | -368.2 | 465.2 |
| EBIT margin | -0.1% | 1.6% | -12.5% | -3.2% | -18.5% | -39.3% | -14.1% | 7.9% |
| Pre-tax income | -5,118.7 | -6,856.9 | -10,386.4 | -2,832.0 | -4,547.5 | -2,998.2 | -622.8 | 245.1 |
| Income taxes | 146.4 | -1,770.7 | -6,670.4 | -1,897.0 | -1,605.9 | -513.6 | -155.3 | 146.8 |
| Tax rate | | 25.8% | 64.2% | 67.0% | 35.3% | 17.1% | 24.9% | 59.9% |
| Earnings from continuing ops | -5,271.0 | -5,142.8 | -4,001.0 | -1,219.5 | -3,177.8 | -2,484.6 | -467.5 | 97.3 |
| Earnings from discontinued ops | | | -402.9 | 15,914.5 | 6,861.0 | 854.1 | -282.9 | |
| Net income | -5,271.0 | -5,142.8 | -4,403.9 | 14,695.0 | 3,683.2 | -1,630.5 | -750.4 | 97.3 |
| Net margin | -32.8% | -32.6% | -27.6% | 44.0% | 29.0% | -34.9% | -28.8% | 1.6% |
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| Diluted EPS | ($16.02) | ($15.26) | ($11.99) | ($3.17) | ($8.64) | ($11.31) | ($3.29) | $0.76 |
| Shares outstanding (diluted) | 329.0 | 337.0 | 333.8 | 384.9 | 367.8 | 219.7 | 142.3 | 128.4 |
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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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