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-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 10,240.7 | 9,061.0 | 10,221.3 | 9,714.4 | 9,047.6 | 9,056.2 | 7,613.8 | 7,537.1 |
| Revenue growth | 13.0% | -11.4% | 5.2% | 7.4% | -0.1% | 18.9% | 1.0% | 5.8% |
| Cost of goods sold | 14,363.2 | 13,054.4 | 14,297.9 | 13,634.5 | 12,824.7 | 12,763.2 | 4,854.8 | 4,820.4 |
| Gross profit | -4,122.5 | -3,993.4 | -4,076.6 | -3,920.1 | -3,777.1 | -3,707.0 | 2,759.0 | 2,716.7 |
| Gross margin | -40.3% | -44.1% | -39.9% | -40.4% | -41.7% | -40.9% | 36.2% | 36.0% |
| Selling, general and administrative | 1,401.9 | 1,426.7 | 1,657.9 | 1,521.6 | 1,387.7 | 1,413.5 | | |
| General and administrative | 1,279.6 | 1,367.9 | 1,564.1 | 1,355.1 | 1,269.2 | 1,274.9 | 1,884.2 | 1,928.3 |
| EBITA | 1,535.5 | 1,089.0 | 1,206.3 | 1,045.3 | 960.0 | 958.6 | 902.0 | 819.0 |
| EBITA margin | 15.0% | 12.0% | 11.8% | 10.8% | 10.6% | 10.6% | 11.8% | 10.9% |
| Amortization of intangibles | 86.2 | 85.9 | 86.0 | 37.6 | 21.1 | 21.9 | 26.1 | 29.4 |
| EBIT | 1,449.3 | 1,003.1 | 1,120.3 | 1,007.7 | 938.9 | 936.7 | 875.9 | 789.6 |
| EBIT margin | 14.2% | 11.1% | 11.0% | 10.4% | 10.4% | 10.3% | 11.5% | 10.5% |
| Pre-tax income | 1,222.1 | 361.3 | 878.3 | 838.0 | 840.8 | 825.6 | 762.2 | 720.7 |
| Income taxes | 251.8 | 8.0 | 204.8 | 199.2 | 271.3 | 196.9 | 282.8 | 216.5 |
| Tax rate | 20.6% | 2.2% | 23.3% | 23.8% | 32.3% | 23.8% | 37.1% | 30.0% |
| Net income | 972.8 | 354.2 | 673.9 | 637.7 | 570.4 | 605.0 | 454.6 | 477.1 |
| Net margin | 9.5% | 3.9% | 6.6% | 6.6% | 6.3% | 6.7% | 6.0% | 6.3% |
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| Diluted EPS | $2.44 | $0.90 | $1.72 | $1.64 | $1.44 | $1.48 | $1.09 | $1.12 |
| Shares outstanding (diluted) | 398.4 | 393.2 | 391.2 | 389.0 | 397.3 | 408.0 | 415.7 | 425.4 |
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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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