Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20,206.0 | 14,634.0 |
Revenue growth | | | | | -100.0% | 38.1% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20,206.0 | 14,634.0 |
Gross margin | | | | | | 100.0% | 100.0% |
Selling, general and administrative | -487.0 | -485.4 | -438.5 | -386.7 | -357.7 | | |
General and administrative | | | | | | 864.0 | 929.0 |
EBIT | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -2,677.0 | -851.0 |
EBIT margin | | | | | | -13.2% | -5.8% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,454.0 | 1,519.0 |
Income taxes | -901.4 | -560.3 | -434.9 | -350.6 | -419.0 | -419.0 | -413.0 |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 875.0 | 949.0 |
Net margin | | | | | | 4.3% | 6.5% |
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Diluted EPS | | | $0.00 | $0.00 | $0.00 | $502.87 | $504.79 |
Shares outstanding (diluted) | | | 1,074.3 | 1,080.9 | 0.5 | 1.7 | 1.9 |
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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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