Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 10,201.0 | 7,532.0 | 6,554.0 | 7,476.0 | 7,196.0 | 6,365.0 | 5,246.0 | 5,489.0 |
| Revenue growth | 35.4% | 14.9% | -12.3% | 3.9% | 13.1% | 21.3% | -4.4% | -24.3% |
| Cost of goods sold | 6,103.0 | 5,447.0 | 5,412.0 | 5,592.0 | 5,298.0 | 4,980.0 | 4,153.0 | 4,183.0 |
| Gross profit | 4,098.0 | 2,085.0 | 1,142.0 | 1,884.0 | 1,898.0 | 1,385.0 | 1,093.0 | 1,306.0 |
| Gross margin | 40.2% | 27.7% | 17.4% | 25.2% | 26.4% | 21.8% | 20.8% | 23.8% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 95.0 | 83.0 | 84.0 | 88.0 | 87.0 | 89.0 | 99.0 | 97.0 |
| Research and development | | | | | | 19.0 | 18.0 | 20.0 |
| General and administrative | 396.0 | 347.0 | 348.0 | 318.0 | 310.0 | 338.0 | 252.0 | 306.0 |
| EBIT | 3,606.0 | 1,703.0 | 663.0 | 1,396.0 | 1,615.0 | 992.0 | 683.0 | 1,025.0 |
| EBIT margin | 35.3% | 22.6% | 10.1% | 18.7% | 22.4% | 15.6% | 13.0% | 18.7% |
| Pre-tax income | 3,316.0 | 982.0 | -213.0 | 807.0 | 716.0 | 504.0 | 353.0 | 687.0 |
| Income taxes | 709.0 | 185.0 | -137.0 | 59.0 | 134.0 | 89.0 | -58.0 | 71.0 |
| Tax rate | 21.4% | 18.8% | 64.3% | 7.3% | 18.7% | 17.7% | | 10.3% |
| Net income | 2,607.0 | 797.0 | -76.0 | 748.0 | 582.0 | 1,005.0 | 462.0 | 1,782.0 |
| Net margin | 25.6% | 10.6% | -1.2% | 10.0% | 8.1% | 15.8% | 8.8% | 32.5% |
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| Diluted EPS | $3.47 | $1.07 | ($0.10) | $0.99 | $0.77 | $1.39 | $0.89 | $3.18 |
| Shares outstanding (diluted) | 751.0 | 747.9 | 745.9 | 756.8 | 756.7 | 722.4 | 519.6 | 560.9 |
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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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