Financial Summary (All financials)
| In millions, except per share items | Sep-24-21 | Sep-25-20 | Sep-27-19 | Sep-28-18 | Sep-29-17 | Sep-30-16 | Sep-25-15 | Sep-26-14 |
| Revenues | 14,923.0 | 12,172.0 | 13,448.0 | 13,988.0 | 12,185.0 | 11,352.0 | 12,233.0 | 11,973.0 |
| Revenue growth | 22.6% | -9.5% | -3.9% | 14.8% | 7.3% | -7.2% | 2.2% | 5.1% |
| Cost of goods sold | 10,036.0 | 8,437.0 | 9,054.0 | 9,243.0 | 8,002.0 | 7,525.0 | 8,146.0 | 8,001.0 |
| Gross profit | 4,887.0 | 3,735.0 | 4,394.0 | 4,745.0 | 4,183.0 | 3,827.0 | 4,087.0 | 3,972.0 |
| Gross margin | 32.7% | 30.7% | 32.7% | 33.9% | 34.3% | 33.7% | 33.4% | 33.2% |
| Selling, general and administrative | 1,512.0 | 1,392.0 | 1,490.0 | 1,594.0 | 1,543.0 | 1,396.0 | 1,504.0 | 1,534.0 |
| Research and development | 677.0 | 613.0 | 644.0 | 680.0 | 611.0 | 603.0 | 627.0 | 583.0 |
| EBITA | 3,128.0 | 2,195.0 | 2,717.0 | 2,815.0 | 2,368.0 | 1,977.0 | 2,109.0 | 1,939.0 |
| EBITA margin | 21.0% | 18.0% | 20.2% | 20.1% | 19.4% | 17.4% | 17.2% | 16.2% |
| Amortization of intangibles | 193.0 | 182.0 | 180.0 | 180.0 | 169.0 | 149.0 | 153.0 | 84.0 |
| EBIT | 2,935.0 | 2,013.0 | 2,537.0 | 2,635.0 | 2,199.0 | 1,828.0 | 1,956.0 | 1,855.0 |
| EBIT margin | 19.7% | 16.5% | 18.9% | 18.8% | 18.0% | 16.1% | 16.0% | 15.5% |
| Pre-tax income | 2,378.0 | 524.0 | 1,931.0 | 2,240.0 | 1,720.0 | 1,021.0 | 1,575.0 | 1,760.0 |
| Income taxes | 123.0 | 783.0 | -15.0 | -344.0 | 180.0 | -826.0 | 337.0 | 146.0 |
| Tax rate | 5.2% | 149.4% | | | 10.5% | | 21.4% | 8.3% |
| Earnings from continuing ops | 2,255.0 | -259.0 | 1,946.0 | 2,584.0 | 1,540.0 | 1,847.0 | 1,238.0 | 1,614.0 |
| Earnings from discontinued ops | 6.0 | 18.0 | -102.0 | -19.0 | 143.0 | 162.0 | 1,182.0 | 167.0 |
| Net income | 2,261.0 | -241.0 | 1,844.0 | 2,565.0 | 1,683.0 | 2,009.0 | 2,420.0 | 1,781.0 |
| Net margin | 15.2% | -2.0% | 13.7% | 18.3% | 13.8% | 17.7% | 19.8% | 14.9% |
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| Diluted EPS | $6.77 | ($0.78) | $5.72 | $7.32 | $4.30 | $5.01 | $3.01 | $3.87 |
| Shares outstanding (diluted) | 333.0 | 332.0 | 340.0 | 353.0 | 358.0 | 369.0 | 411.0 | 417.0 |
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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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