Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 66,608.0 | 62,286.0 | 58,158.0 | 76,559.0 | 101,127.0 | 94,005.0 | 93,496.0 | 96,114.0 |
| Revenue growth | 6.9% | 7.1% | -24.0% | -24.3% | 7.6% | 0.5% | -2.7% | 5.9% |
| Cost of goods sold | 63,106.0 | 59,269.0 | 63,843.0 | 72,093.0 | 81,490.0 | 76,612.0 | 79,026.0 | 82,088.0 |
| Gross profit | 3,502.0 | 3,017.0 | -5,685.0 | 4,466.0 | 19,637.0 | 17,393.0 | 14,470.0 | 14,026.0 |
| Gross margin | 5.3% | 4.8% | -9.8% | 5.8% | 19.4% | 18.5% | 15.5% | 14.6% |
| Research and development | 2,852.0 | 2,249.0 | 2,476.0 | 3,219.0 | 3,269.0 | 3,179.0 | 4,626.0 | 3,331.0 |
| General and administrative | 4,187.0 | 4,157.0 | 4,817.0 | 3,909.0 | 4,567.0 | 4,095.0 | 3,613.0 | 3,525.0 |
| EBITA | -3,306.0 | -2,618.0 | -12,767.0 | -1,975.0 | 11,987.0 | 10,344.0 | 6,527.0 | 7,443.0 |
| EBITA margin | -5.0% | -4.2% | -22.0% | -2.6% | 11.9% | 11.0% | 7.0% | 7.7% |
| Amortization of intangibles | 241.0 | 284.0 | | | | | | |
| EBIT | -3,547.0 | -2,902.0 | -12,767.0 | -1,975.0 | 11,987.0 | 10,344.0 | 6,527.0 | 7,443.0 |
| EBIT margin | -5.3% | -4.7% | -22.0% | -2.6% | 11.9% | 11.0% | 7.0% | 7.7% |
| Pre-tax income | -5,022.0 | -5,033.0 | -14,476.0 | -2,259.0 | 11,604.0 | 10,107.0 | 5,783.0 | 7,155.0 |
| Income taxes | 31.0 | -743.0 | -2,535.0 | -1,623.0 | 1,144.0 | 1,649.0 | 749.0 | 1,979.0 |
| Tax rate | | 14.8% | 17.5% | 71.8% | 9.9% | 16.3% | 13.0% | 27.7% |
| Net income | -4,935.0 | -4,202.0 | -11,873.0 | -636.0 | 10,460.0 | 8,458.0 | 5,034.0 | 5,176.0 |
| Net margin | -7.4% | -6.7% | -20.4% | -0.8% | 10.3% | 9.0% | 5.4% | 5.4% |
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| Diluted EPS | ($8.30) | ($7.15) | ($20.88) | ($1.12) | $17.87 | $13.87 | $7.83 | $7.45 |
| Shares outstanding (diluted) | 594.9 | 587.6 | 568.6 | 565.4 | 585.5 | 610.0 | 642.8 | 695.0 |
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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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