Financial Summary (All financials)
| In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| Revenues | 41,616 | 39,668 | 37,876 | 34,914 | 32,380 | 29,119 | 21,865 | 21,128 |
| Revenue growth | 4.9% | 4.7% | 8.5% | 7.8% | 11.2% | 33.2% | 3.5% | 14.7% |
| Cost of goods sold | 2,456 | 2,468 | 2,134 | 1,907 | 1,509 | 1,328 | 7,265 | 7,038 |
| Gross profit | 39,160 | 37,200 | 35,742 | 33,007 | 30,871 | 27,791 | 14,600 | 14,090 |
| Gross margin | 94.1% | 93.8% | 94.4% | 94.5% | 95.3% | 95.4% | 66.8% | 66.7% |
| Selling, general and administrative | 10,033 | 9,584 | 8,982 | 195 | 235 | 25,314 | 12,724 | 12,288 |
| EBITA | 3,721 | 3,130 | 3,493 | 3,499 | 2,411 | 2,477 | 1,876 | 1,802 |
| EBITA margin | 8.9% | 7.9% | 9.2% | 10.0% | 7.4% | 8.5% | 8.6% | 8.5% |
| Amortization of intangibles | 115 | 151 | 143 | 195 | 235 | | | |
| EBIT | 3,606 | 2,979 | 3,350 | 3,304 | 2,176 | 2,477 | 1,876 | 1,802 |
| EBIT margin | 8.7% | 7.5% | 8.8% | 9.5% | 6.7% | 8.5% | 8.6% | 8.5% |
| Pre-tax income | 3,606 | 2,979 | 3,327 | 3,304 | 2,176 | 2,477 | 1,876 | 1,802 |
| Income taxes | 1,374 | 1,136 | 1,250 | 1,210 | 698 | 853 | 615 | 519 |
| Tax rate | 38.1% | 38.1% | 37.6% | 36.6% | 32.1% | 34.4% | 32.8% | 28.8% |
| Net income | 2,237 | 1,867 | 2,094 | 2,102 | 1,476 | 1,623 | 1,260 | 1,283 |
| Net margin | 5.4% | 4.7% | 5.5% | 6.0% | 4.6% | 5.6% | 5.8% | 6.1% |
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| Diluted EPS | $8.77 | $7.19 | $8.04 | $7.83 | $5.18 | $5.61 | $4.59 | $4.66 |
| Shares outstanding (diluted) | 255 | 260 | 261 | 269 | 285 | 290 | 274 | 275 |
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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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