Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| Revenues | 8,588.0 | 8,230.0 | 4,689.0 | 3,877.0 | 3,929.0 | 7,967.0 | 8,220.0 | 8,186.0 |
| Revenue growth | 4.3% | 75.5% | 20.9% | -1.3% | -50.7% | -3.1% | 0.4% | -4.4% |
| Cost of goods sold | 212.0 | 202.0 | 48.0 | -7,691.0 | 1,830.0 | 4,505.0 | 4,407.0 | 4,358.0 |
| Gross profit | 8,376.0 | 8,028.0 | 4,641.0 | 11,568.0 | 2,099.0 | 3,462.0 | 3,813.0 | 3,828.0 |
| Gross margin | 97.5% | 97.5% | 99.0% | 298.4% | 53.4% | 43.5% | 46.4% | 46.8% |
| Selling, general and administrative | 2,177.0 | 2,128.0 | 1,355.0 | 1,341.0 | | 2,162.0 | 2,104.0 | 2,103.0 |
| General and administrative | 295.0 | 332.0 | 202.0 | 194.0 | 1,249.0 | 232.0 | 161.0 | 195.0 |
| EBITA | 716.0 | 850.0 | -1,393.0 | 5,955.0 | 6,423.0 | 379.0 | -1,413.0 | 767.0 |
| EBITA margin | 8.3% | 10.3% | -29.7% | 153.6% | 163.5% | 4.8% | -17.2% | 9.4% |
| Amortization of intangibles | 71.0 | 68.0 | 67.0 | | | | 163.0 | 173.0 |
| EBIT | 645.0 | 782.0 | -1,460.0 | 5,955.0 | 6,423.0 | 379.0 | -1,576.0 | 594.0 |
| EBIT margin | 7.5% | 9.5% | -31.1% | 153.6% | 163.5% | 4.8% | -19.2% | 7.3% |
| Pre-tax income | -1,339.0 | 183.0 | -2,370.0 | -6,131.0 | 5,747.0 | -3,319.0 | -4,250.0 | -1,804.0 |
| Income taxes | -141.0 | -121.0 | -1,995.0 | 327.0 | -106.0 | -596.0 | -1,517.0 | -701.0 |
| Tax rate | 10.5% | | 84.2% | | | 18.0% | 35.7% | 38.9% |
| Earnings from continuing ops | -1,195.0 | 303.0 | -368.0 | -12,887.0 | 5,854.0 | -2,640.0 | -2,741.0 | -1,108.0 |
| Earnings from discontinued ops | | | | 3,380.0 | 155.0 | -143.0 | -207.0 | -400.0 |
| Net income | -1,195.0 | 303.0 | -368.0 | -9,507.0 | 6,009.0 | -2,783.0 | -2,948.0 | -1,508.0 |
| Net margin | -13.9% | 3.7% | -7.8% | -245.2% | 152.9% | -34.9% | -35.9% | -18.4% |
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| Diluted EPS | ($1.77) | $0.36 | ($1.32) | ($88.27) | $39.82 | ($18.59) | ($21.25) | ($8.86) |
| Shares outstanding (diluted) | 676.0 | 841.0 | 279.0 | 146.0 | 147.0 | 142.0 | 129.0 | 125.0 |
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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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