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 | 58,186.0 | 40,807.0 | 27,200.0 | 32,789.2 | 36,534.2 | 29,241.5 | 23,022.3 | 27,027.9 |
| Revenue growth | 42.6% | 50.0% | -17.0% | -10.3% | 24.9% | 27.0% | -14.8% | -43.6% |
| Cost of goods sold | 97,338.0 | 64,965.0 | 39,094.0 | 49,127.6 | 58,187.1 | 47,044.5 | 35,354.4 | 43,281.6 |
| Gross profit | -39,152.0 | -24,158.0 | -11,894.0 | -16,338.4 | -21,652.9 | -17,803.0 | -12,332.1 | -16,253.7 |
| Gross margin | -67.3% | -59.2% | -43.7% | -49.8% | -59.3% | -60.9% | -53.6% | -60.1% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 241.0 | 209.0 | 220.0 | 211.7 | 208.3 | 181.1 | 160.1 | 192.6 |
| EBITA | 7,084.0 | 6,254.0 | 5,178.0 | 6,253.4 | 5,578.9 | 4,095.8 | 3,759.1 | 3,714.3 |
| EBITA margin | 12.2% | 15.3% | 19.0% | 19.1% | 15.3% | 14.0% | 16.3% | 13.7% |
| Amortization of intangibles | 177.0 | 151.0 | 143.0 | 174.7 | 170.3 | 166.9 | 171.3 | 174.1 |
| EBIT | 6,907.0 | 6,103.0 | 5,035.0 | 6,078.7 | 5,408.6 | 3,928.9 | 3,587.8 | 3,540.2 |
| EBIT margin | 11.9% | 15.0% | 18.5% | 18.5% | 14.8% | 13.4% | 15.6% | 13.1% |
| Pre-tax income | 5,697.0 | 4,825.0 | 3,762.0 | 4,732.7 | 4,298.8 | 2,881.3 | 2,576.4 | 2,555.9 |
| Income taxes | 82.0 | 70.0 | -124.0 | 45.6 | 60.3 | 25.7 | 23.4 | -2.5 |
| Tax rate | 1.4% | 1.5% | | 1.0% | 1.4% | 0.9% | 0.9% | |
| Net income | 5,615.0 | 4,755.0 | 3,886.0 | 4,687.1 | 4,238.5 | 2,799.3 | 2,513.1 | 2,521.2 |
| Net margin | 9.7% | 11.7% | 14.3% | 14.3% | 11.6% | 9.6% | 10.9% | 9.3% |
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| Diluted EPS | $2.58 | $2.18 | $1.78 | $2.14 | $1.95 | $1.31 | $1.21 | $1.28 |
| Shares outstanding (diluted) | 2,178.0 | 2,183.0 | 2,186.0 | 2,188.6 | 2,176.5 | 2,145.0 | 2,081.4 | 1,966.6 |
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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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