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-31-15 | Dec-31-14 |
| Revenues | 17,700 | 10,850 | 11,547 | 9,797 | 5,430 | 5,370 | 5,978 |
| Revenue growth | 63.1% | -6.0% | 17.9% | 80.4% | | -10.2% | |
| Cost of goods sold | -1,559 | -1,622 | -1,530 | -1,297 | -973 | -834 | -914 |
| Gross profit | 19,259 | 12,472 | 13,077 | 11,094 | 6,403 | 6,204 | 6,892 |
| Gross margin | 108.8% | 114.9% | 113.3% | 113.2% | 117.9% | 115.5% | 115.3% |
| Selling, general and administrative | 1,040 | 1,035 | 904 | 926 | 600 | 676 | 708 |
| EBIT | -1,586 | 1,167 | 2,009 | 508 | 198 | 5,528 | 6,184 |
| EBIT margin | -9.0% | 10.8% | 17.4% | 5.2% | 3.6% | 102.9% | 103.4% |
| Pre-tax income | -1,722 | 890 | 1,216 | -101 | 250 | -5,556 | -8,549 |
| Income taxes | -458 | 266 | 290 | -45 | 504 | -879 | -2,320 |
| Tax rate | 26.6% | 29.9% | 23.8% | 44.6% | 201.6% | 15.8% | 27.1% |
| Net income | -1,274 | 636 | 928 | -54 | -254 | 0 | 0 |
| Net margin | -7.2% | 5.9% | 8.0% | -0.6% | -4.7% | 0.0% | 0.0% |
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| Diluted EPS | ($2.64) | $1.30 | $1.86 | ($0.11) | ($0.59) | | |
| Shares outstanding (diluted) | 482 | 491 | 500 | 505 | 428 | | |
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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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