Financial Summary (All financials)
| In millions, except per share items | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 | Dec-27-14 |
| Revenues | 79,474.0 | 70,372.0 | 67,161.0 | 64,661.0 | 63,525.0 | 62,799.0 | 63,056.0 | 66,683.0 |
| Revenue growth | 12.9% | 4.8% | 3.9% | 1.8% | 1.2% | -0.4% | -5.4% | 0.4% |
| Cost of goods sold | 37,075.0 | 31,797.0 | 30,132.0 | 29,381.0 | 28,796.0 | 28,222.0 | 28,731.0 | 31,238.0 |
| Gross profit | 42,399.0 | 38,575.0 | 37,029.0 | 35,280.0 | 34,729.0 | 34,577.0 | 34,325.0 | 35,445.0 |
| Gross margin | 53.3% | 54.8% | 55.1% | 54.6% | 54.7% | 55.1% | 54.4% | 53.2% |
| Selling, general and administrative | 31,237.0 | 28,495.0 | 26,738.0 | 25,170.0 | 24,453.0 | 24,773.0 | 24,613.0 | 25,772.0 |
| EBITA | 11,339.0 | 10,170.0 | 10,372.0 | 10,179.0 | 10,344.0 | 10,034.0 | 9,787.0 | 9,673.0 |
| EBITA margin | 14.3% | 14.5% | 15.4% | 15.7% | 16.3% | 16.0% | 15.5% | 14.5% |
| Amortization of intangibles | 91.0 | 90.0 | 81.0 | 69.0 | 68.0 | 70.0 | 75.0 | 92.0 |
| EBIT | 11,248.0 | 10,080.0 | 10,291.0 | 10,110.0 | 10,276.0 | 9,964.0 | 9,712.0 | 9,581.0 |
| EBIT margin | 14.2% | 14.3% | 15.3% | 15.6% | 16.2% | 15.9% | 15.4% | 14.4% |
| Pre-tax income | 9,821.0 | 9,069.0 | 9,312.0 | 9,189.0 | 9,602.0 | 8,553.0 | 7,442.0 | 8,757.0 |
| Income taxes | 2,142.0 | 1,894.0 | 1,959.0 | -3,370.0 | 4,694.0 | 2,174.0 | 1,941.0 | 2,199.0 |
| Tax rate | 21.8% | 20.9% | 21.0% | | 48.9% | 25.4% | 26.1% | 25.1% |
| Net income | 7,618.0 | 7,120.0 | 7,314.0 | 12,515.0 | 4,857.0 | 6,329.0 | 5,452.0 | 6,513.0 |
| Net margin | 9.6% | 10.1% | 10.9% | 19.4% | 7.6% | 10.1% | 8.6% | 9.8% |
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| Diluted EPS | $5.48 | $5.11 | $5.20 | $8.78 | $3.38 | $4.36 | $3.67 | $4.27 |
| Shares outstanding (diluted) | 1,389.0 | 1,392.0 | 1,407.0 | 1,425.0 | 1,438.0 | 1,452.0 | 1,485.0 | 1,527.0 |
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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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