Financial Summary (All financials)
| In millions, except per share items | Dec-31-17 | Dec-31-16 |
| Revenues | 38,320.4 | 29,938.6 |
| Revenue growth | 28.0% | |
| Cost of goods sold | 9,551.9 | 8,511.8 |
| Gross profit | 28,768.5 | 21,426.7 |
| Gross margin | 75.1% | 71.6% |
| Selling, general and administrative | 1,879.7 | 1,699.2 |
| EBIT | 26,888.8 | 19,727.6 |
| EBIT margin | 70.2% | 65.9% |
| Pre-tax income | 23,789.3 | 16,817.4 |
| Income taxes | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% |
| Net income | 23,789.3 | 16,817.4 |
| Net margin | 62.1% | 56.2% |
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| Diluted EPS | $3.26 | $2.31 |
| Shares outstanding (diluted) | 7,297.3 | 7,280.3 |
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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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