Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 0 | 0 | 0 | 0 | 0 | 7,960 | 6,753 | 4,622 |
Revenue growth | | | | | -100.0% | 17.9% | 46.1% | -5.4% |
Cost of goods sold | 0 | 0 | 0 | 0 | 0 | 7,386 | 6,132 | 4,099 |
Gross profit | 0 | 0 | 0 | 0 | 0 | 574 | 621 | 523 |
Gross margin | | | | | | 7.2% | 9.2% | 11.3% |
Selling, general and administrative | 0 | 0 | 0 | 0 | 0 | | | |
General and administrative | 0 | 0 | 0 | 0 | 0 | 269 | 224 | 179 |
EBIT | 0 | 0 | 0 | 0 | 0 | -139 | 458 | 204 |
EBIT margin | | | | | | -1.7% | 6.8% | 4.4% |
Pre-tax income | 0 | 0 | 0 | 0 | 0 | -218 | 323 | 163 |
Income taxes | 0 | 0 | 0 | 0 | 0 | -16 | 54 | 18 |
Tax rate | | | | | | 7.3% | 16.7% | 11.0% |
Net income | 0 | 0 | 0 | 0 | 0 | -202 | 269 | 145 |
Net margin | | | | | | -2.5% | 4.0% | 3.1% |
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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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