Financial Summary (All financials)
| In millions, except per share items | Feb-26-22 | Feb-27-21 | Feb-29-20 | Feb-23-19 | Feb-24-18 | Feb-25-17 | Feb-27-16 |
| Revenues | 71,887.0 | 69,690.4 | 62,455.1 | 60,534.5 | 59,924.6 | 59,678.2 | 58,834.0 |
| Revenue growth | 3.2% | 11.6% | 3.2% | 1.0% | 0.4% | 1.4% | |
| Cost of goods sold | 51,164.6 | 49,275.9 | 44,860.9 | 43,639.9 | 43,563.5 | 43,037.7 | 42,745.0 |
| Gross profit | 20,722.4 | 20,414.5 | 17,594.2 | 16,894.6 | 16,361.1 | 16,640.5 | 16,089.0 |
| Gross margin | 28.8% | 29.3% | 28.2% | 27.9% | 27.3% | 27.9% | 27.3% |
| Selling, general and administrative | 18,300.5 | 18,835.8 | 16,641.9 | 16,272.3 | 16,208.7 | 16,032.9 | 15,686.7 |
| EBITA | 2,624.1 | 1,774.1 | 1,792.9 | 1,167.0 | 533.1 | 1,120.3 | 402.3 |
| EBITA margin | 3.7% | 2.5% | 2.9% | 1.9% | 0.9% | 1.9% | 0.7% |
| Amortization of intangibles | 187.2 | 156.6 | 355.8 | 379.7 | 447.4 | 512.7 | |
| EBIT | 2,436.9 | 1,617.5 | 1,437.1 | 787.3 | 85.7 | 607.6 | 402.3 |
| EBIT margin | 3.4% | 2.3% | 2.3% | 1.3% | 0.1% | 1.0% | 0.7% |
| Pre-tax income | 2,579.4 | 1,407.2 | 732.0 | 52.2 | -1,881.3 | -463.6 | -542.8 |
| Income taxes | 479.9 | 278.5 | 132.8 | -78.9 | -963.8 | -90.3 | -39.6 |
| Tax rate | 18.6% | 19.8% | 18.1% | | 51.2% | 19.5% | 7.3% |
| Earnings from continuing ops | 2,099.5 | 1,128.7 | 599.2 | 52.2 | -917.5 | -373.3 | -1.0 |
| Earnings from discontinued ops | | | | | | | -502.2 |
| Net income | 1,619.6 | 850.2 | 466.4 | 131.1 | 46.3 | -373.3 | -1.0 |
| Net margin | 2.3% | 1.2% | 0.7% | 0.2% | 0.1% | -0.6% | 0.0% |
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| Diluted EPS | $4.42 | $1.95 | $1.03 | $0.09 | ($1.58) | | |
| Shares outstanding (diluted) | 475.3 | 578.1 | 580.3 | 580.7 | 579.5 | | |
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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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