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 | 9,051.0 | 3,449.0 | 1,466.0 | 2,066.0 | 2,188.1 | 1,764.2 | 1,155.7 | 1,357.2 |
| Revenue growth | 162.4% | 135.3% | -29.0% | -5.6% | 24.0% | 52.7% | -14.8% | -37.5% |
| Cost of goods sold | 460.0 | 156.0 | 73.0 | 77.0 | 69.6 | 102.3 | 100.7 | 568.4 |
| Gross profit | 8,591.0 | 3,293.0 | 1,393.0 | 1,989.0 | 2,118.5 | 1,661.9 | 1,055.0 | 788.7 |
| Gross margin | 94.9% | 95.5% | 95.0% | 96.3% | 96.8% | 94.2% | 91.3% | 58.1% |
| General and administrative | 762.0 | 353.0 | 120.0 | 112.0 | 119.3 | 131.3 | 114.9 | 110.8 |
| EBIT | 5,208.0 | 1,562.0 | 296.0 | 955.0 | 755.5 | 420.5 | -128.7 | 23.4 |
| EBIT margin | 57.5% | 45.3% | 20.2% | 46.2% | 34.5% | 23.8% | -11.1% | 1.7% |
| Pre-tax income | 5,169.0 | 1,502.0 | 242.0 | 900.0 | 698.1 | -228.4 | -659.6 | -187.3 |
| Income taxes | 1,104.0 | 344.0 | 41.0 | 219.0 | 141.1 | -328.8 | -242.5 | -73.4 |
| Tax rate | 21.4% | 22.9% | 16.9% | 24.3% | 20.2% | 143.9% | 36.8% | 39.2% |
| Net income | 4,065.0 | 1,158.0 | 201.0 | 681.0 | 557.0 | 100.4 | -417.1 | -113.9 |
| Net margin | 44.9% | 33.6% | 13.7% | 33.0% | 25.5% | 5.7% | -36.1% | -8.4% |
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| Diluted EPS | $5.09 | $2.30 | $0.50 | $1.63 | $1.24 | $0.22 | ($0.91) | ($0.28) |
| Shares outstanding (diluted) | 799.0 | 504.0 | 401.0 | 418.0 | 447.6 | 465.6 | 456.8 | 413.7 |
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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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