Financial Summary (All financials)
| In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
| Revenues | 46,128.3 | 44,973.2 | 24,722.3 | 21,941.2 | 21,824.0 | 21,562.6 | 16,188.4 | 15,114.7 |
| Revenue growth | 2.6% | 81.9% | 12.7% | 0.5% | 1.2% | 33.2% | 7.1% | 13.7% |
| Cost of goods sold | 42,918.4 | 42,015.0 | 22,298.3 | 19,910.6 | 20,065.2 | 20,093.7 | 14,997.3 | 14,170.5 |
| Gross profit | 3,209.9 | 2,958.2 | 2,424.0 | 2,030.6 | 1,758.8 | 1,468.9 | 1,191.1 | 944.2 |
| Gross margin | 7.0% | 6.6% | 9.8% | 9.3% | 8.1% | 6.8% | 7.4% | 6.2% |
| Selling, general and administrative | 898.2 | 887.3 | 926.5 | 756.3 | 698.0 | 643.1 | 548.9 | 451.2 |
| EBITA | 2,547.7 | 2,230.7 | 1,612.1 | 1,309.6 | 1,059.5 | 825.8 | 642.2 | 493.0 |
| EBITA margin | 5.5% | 5.0% | 6.5% | 6.0% | 4.9% | 3.8% | 4.0% | 3.3% |
| Amortization of intangibles | 236.0 | 159.8 | 114.6 | 35.6 | | | | |
| EBIT | 2,311.7 | 2,070.9 | 1,497.5 | 1,274.0 | 1,059.5 | 825.8 | 642.2 | 493.0 |
| EBIT margin | 5.0% | 4.6% | 6.1% | 5.8% | 4.9% | 3.8% | 4.0% | 3.3% |
| Pre-tax income | 2,024.4 | 1,908.7 | 1,308.4 | 1,207.4 | 944.7 | 742.2 | 613.8 | 450.6 |
| Income taxes | 748.6 | 704.1 | 481.8 | 431.5 | 344.2 | 266.8 | 214.3 | 172.4 |
| Tax rate | 37.0% | 36.9% | 36.8% | 35.7% | 36.4% | 35.9% | 34.9% | 38.3% |
| Earnings from continuing ops | 1,275.8 | 1,204.6 | 826.6 | 775.9 | 600.5 | 475.4 | 399.5 | 278.2 |
| Earnings from discontinued ops | | | | | | -1.0 | 0.6 | |
| Net income | 1,275.8 | 1,181.2 | 827.6 | 776.1 | 567.8 | 474.4 | 400.1 | 278.2 |
| Net margin | 2.8% | 2.6% | 3.3% | 3.5% | 2.6% | 2.2% | 2.5% | 1.8% |
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| Diluted EPS | $2.53 | $2.21 | $1.55 | $1.54 | $2.27 | $1.67 | $1.34 | $1.79 |
| Shares outstanding (diluted) | 505.0 | 544.0 | 532.2 | 503.6 | 264.0 | 284.0 | 299.0 | 155.4 |
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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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