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 | 11,231.0 | 10,315.0 | 9,099.0 | 9,308.0 | 9,337.0 | 8,347.0 | 8,174.0 | 10,415.0 |
| Revenue growth | 8.9% | 13.4% | -2.2% | -0.3% | 11.9% | 2.1% | -21.5% | -4.3% |
| Cost of goods sold | 4,278.0 | 4,442.0 | 4,400.0 | 4,359.0 | 6,294.0 | 5,679.0 | 5,892.0 | 2,978.0 |
| Gross profit | 6,953.0 | 5,873.0 | 4,699.0 | 4,949.0 | 3,043.0 | 2,668.0 | 2,282.0 | 7,437.0 |
| Gross margin | 61.9% | 56.9% | 51.6% | 53.2% | 32.6% | 32.0% | 27.9% | 71.4% |
| Selling, general and administrative | 123.0 | 2,638.0 | -123.0 | 402.0 | 7,398.0 | 7,665.0 | 7,368.0 | 7,453.0 |
| EBITA | 1,573.0 | 1,936.0 | 2,312.0 | 2,467.0 | 2,302.0 | 1,546.0 | 1,718.0 | 3,078.0 |
| EBITA margin | 14.0% | 18.8% | 25.4% | 26.5% | 24.7% | 18.5% | 21.0% | 29.6% |
| Amortization of intangibles | 55.0 | 138.0 | 151.0 | 108.0 | 97.0 | 103.0 | 109.0 | 104.0 |
| EBIT | 1,518.0 | 1,798.0 | 2,161.0 | 2,359.0 | 2,205.0 | 1,443.0 | 1,609.0 | 2,974.0 |
| EBIT margin | 13.5% | 17.4% | 23.7% | 25.3% | 23.6% | 17.3% | 19.7% | 28.6% |
| Pre-tax income | 1,002.0 | -1,089.0 | 2,301.0 | 1,950.0 | 1,855.0 | 1,268.0 | 1,298.0 | 2,680.0 |
| Income taxes | -29.0 | -441.0 | 396.0 | 257.0 | 417.0 | -306.0 | 411.0 | 1,001.0 |
| Tax rate | | 40.5% | 17.2% | 13.2% | 22.5% | | 31.7% | 37.4% |
| Net income | 1,031.0 | -648.0 | 1,905.0 | 1,693.0 | 1,438.0 | 1,574.0 | 887.0 | 1,679.0 |
| Net margin | 9.2% | -6.3% | 20.9% | 18.2% | 15.4% | 18.9% | 10.9% | 16.1% |
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| Diluted EPS | $2.06 | ($1.29) | $3.76 | $3.34 | $2.84 | $3.10 | $1.75 | $3.31 |
| Shares outstanding (diluted) | 501.0 | 504.0 | 507.0 | 507.0 | 507.0 | 507.0 | 508.0 | 508.0 |
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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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