Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Jan-01-21 | Jan-03-20 | Jun-28-19 | Dec-28-18 | Jun-29-18 | Jun-30-17 | Jul-01-16 |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2,166.0 | 2,640.0 |
Revenue growth | | | | | | -100.0% | -18.0% | 49.0% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5,132.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2,166.0 | -2,492.0 |
Gross margin | | | | | | | 100.0% | -94.4% |
Selling, general and administrative | 3,280.0 | 3,315.0 | 2,586.0 | 1,242.0 | 1,206.0 | 1,182.0 | 1,093.0 | 1,186.0 |
EBIT | 3,194.0 | 2,744.0 | 1,182.0 | 1,092.0 | 995.0 | 920.0 | 1,073.0 | 783.0 |
EBIT margin | | | | | | | 49.5% | 29.7% |
Pre-tax income | 2,283.0 | 1,322.0 | 1,493.0 | 1,113.0 | 983.0 | 908.0 | 905.0 | 611.0 |
Income taxes | 440.0 | 234.0 | 146.0 | 160.0 | 136.0 | 206.0 | 267.0 | 266.0 |
Tax rate | 19.3% | 17.7% | 9.8% | 14.4% | 13.8% | 22.7% | 29.5% | 43.5% |
Earnings from continuing ops | 1,843.0 | 1,088.0 | 1,347.0 | 953.0 | 847.0 | 702.0 | 638.0 | 345.0 |
Earnings from discontinued ops | -1.0 | -2.0 | -2.0 | -4.0 | | -3.0 | -85.0 | -21.0 |
Net income | 1,842.0 | 1,086.0 | 1,345.0 | 949.0 | 847.0 | 699.0 | 553.0 | 324.0 |
Net margin | | | | | | | 25.5% | 12.3% |
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Diluted EPS | $9.07 | $5.04 | $7.97 | $7.91 | $7.01 | $5.80 | $5.13 | $345.00 |
Shares outstanding (diluted) | 203.2 | 215.9 | 169.0 | 120.5 | 120.8 | 121.1 | 124.3 | 1.0 |
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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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