Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 57,342 | 42,078 | 23,290 | 33,669 | 34,055 | 26,223 | 20,182 | 23,152 |
| Revenue growth | 36.3% | 80.7% | -30.8% | -1.1% | 29.9% | 29.9% | -12.8% | -46.7% |
| Cost of goods sold | 54,760 | 39,569 | 21,507 | 30,755 | 31,056 | 24,168 | 18,415 | 21,180 |
| Gross profit | 2,582 | 2,509 | 1,783 | 2,914 | 2,999 | 2,055 | 1,767 | 1,972 |
| Gross margin | 4.5% | 6.0% | 7.7% | 8.7% | 8.8% | 7.8% | 8.8% | 8.5% |
| General and administrative | 325 | 298 | 276 | 302 | 320 | 280 | 282 | 281 |
| EBITA | 1,822 | 1,830 | 1,296 | 2,472 | 2,599 | 1,600 | 1,209 | 1,490 |
| EBITA margin | 3.2% | 4.3% | 5.6% | 7.3% | 7.6% | 6.1% | 6.0% | 6.4% |
| Amortization of intangibles | | 122 | 90 | 76 | 66 | 54 | 44 | 49 |
| EBIT | 1,822 | 1,708 | 1,206 | 2,396 | 2,533 | 1,546 | 1,165 | 1,441 |
| EBIT margin | 3.2% | 4.1% | 5.2% | 7.1% | 7.4% | 5.9% | 5.8% | 6.2% |
| Pre-tax income | 1,417 | 712 | -2,607 | 2,238 | 2,409 | 896 | 738 | 991 |
| Income taxes | 189 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax rate | 13.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | 1,228 | 60 | -568 | 331 | 334 | -731 | 94 | 118 |
| Net margin | 2.1% | 0.1% | -2.4% | 1.0% | 1.0% | -2.8% | 0.5% | 0.5% |
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| Diluted EPS | | $0.31 | ($2.31) | $1.95 | $1.18 | ($5.04) | $0.95 | $1.42 |
| Shares outstanding (diluted) | | 194 | 246 | 170 | 282 | 145 | 99 | 83 |
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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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