Financial Summary (All financials)
| In millions, except per share items | Dec-31-17 | Dec-31-16 |
| Revenues | 5,023 | 3,709 |
| Revenue growth | 35.4% | |
| Cost of goods sold | 0 | 0 |
| Gross profit | 5,023 | 3,709 |
| Gross margin | 100.0% | 100.0% |
| General and administrative | 534 | 418 |
| EBIT | -241 | -915 |
| EBIT margin | -4.8% | -24.7% |
| Pre-tax income | -316 | -944 |
| Income taxes | 40 | 75 |
| Net income | -356 | -1,019 |
| Net margin | -7.1% | -27.5% |
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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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