Financial Summary (All financials)
| In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| Revenues | 2,541,567 | 2,399,029 | 2,049,065 | 1,738,083 |
| Revenue growth | 5.9% | 17.1% | 17.9% | |
| Cost of goods sold | 1,973,778 | 1,873,540 | 1,666,315 | 1,346,460 |
| Gross profit | 567,789 | 525,489 | 382,750 | 391,623 |
| Gross margin | 22.3% | 21.9% | 18.7% | 22.5% |
| Selling, general and administrative | 0 | 0 | 0 | 0 |
| EBIT | 567,789 | 525,489 | 382,750 | 391,623 |
| EBIT margin | 22.3% | 21.9% | 18.7% | 22.5% |
| Pre-tax income | 676,674 | 456,581 | 332,245 | 374,097 |
| Income taxes | 111,403 | 109,613 | 132,687 | 61,712 |
| Tax rate | 16.5% | 24.0% | 39.9% | 16.5% |
| Net income | 384,160 | 251,838 | 162,459 | 229,527 |
| Net margin | 15.1% | 10.5% | 7.9% | 13.2% |
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| Diluted EPS | $7.83 | $5.13 | $3.31 | $5.08 |
| Shares outstanding (diluted) | 49,093 | 49,093 | 49,093 | 45,219 |
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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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