Financial Summary (All financials)
In millions, except per share items | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 33,600 | 32,406 | 33,347 | 32,180 | 34,532 | 16,891 | 35,345 | 33,679 |
Revenue growth | 3.7% | -2.8% | 3.6% | -6.8% | | -52.2% | 4.9% | 3.4% |
Cost of goods sold | 6,664 | 6,801 | 7,861 | 9,439 | 18,969 | 9,777 | 20,841 | 19,015 |
Gross profit | 26,936 | 25,605 | 25,486 | 22,741 | 15,563 | 7,114 | 14,504 | 14,664 |
Gross margin | 80.2% | 79.0% | 76.4% | 70.7% | 45.1% | 42.1% | 41.0% | 43.5% |
Selling, general and administrative | 7,774 | 8,087 | 7,994 | 8,479 | 9,563 | 4,841 | 9,765 | 9,592 |
EBITA | 3,080 | 3,539 | 2,956 | 2,615 | 2,185 | 247 | -2,636 | -1,516 |
EBITA margin | 9.2% | 10.9% | 8.9% | 8.1% | 6.3% | 1.5% | -7.5% | -4.5% |
Amortization of intangibles | 608 | 812 | 1,052 | 1,294 | 1,552 | 908 | | |
EBIT | 2,472 | 2,727 | 1,904 | 1,321 | 633 | -661 | -2,636 | -1,516 |
EBIT margin | 7.4% | 8.4% | 5.7% | 4.1% | 1.8% | -3.9% | -7.5% | -4.5% |
Pre-tax income | -1,978 | 303 | -771 | -1,854 | -3,919 | -1,815 | -4,172 | -2,636 |
Income taxes | -35 | -7,074 | 435 | 141 | -574 | 45 | 154 | 254 |
Tax rate | 1.8% | | | | 14.6% | | | |
Net income | -1,943 | 7,389 | -1,206 | -1,995 | -3,345 | -1,860 | -4,326 | -2,890 |
Net margin | -5.8% | 22.8% | -3.6% | -6.2% | -9.7% | -11.0% | -12.2% | -8.6% |
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Diluted EPS | ($0.48) | $1.81 | ($0.30) | ($0.50) | ($0.85) | ($0.54) | ($1.44) | ($0.96) |
Shares outstanding (diluted) | 4,057 | 4,078 | 3,981 | 3,969 | 3,953 | 3,475 | 3,002 | 2,995 |
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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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