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 | 23,551 | 19,496 | 14,779 | 28,079 | 29,706 | 27,701 | 25,095 | 25,912 |
| Revenue growth | 20.8% | 31.9% | -47.4% | -5.5% | 7.2% | 10.4% | -3.2% | -20.4% |
| Cost of goods sold | 16,797 | 14,109 | 11,152 | 21,832 | 22,958 | 21,572 | 19,420 | 20,357 |
| Gross profit | 6,754 | 5,387 | 3,627 | 6,247 | 6,748 | 6,129 | 5,675 | 5,555 |
| Gross margin | 28.7% | 27.6% | 24.5% | 22.2% | 22.7% | 22.1% | 22.6% | 21.4% |
| Selling, general and administrative | 1,752 | 1,454 | 1,296 | 2,216 | 2,351 | 2,315 | 2,246 | 2,317 |
| Research and development | 866 | 642 | 493 | 1,030 | 1,061 | 957 | 860 | 856 |
| EBITA | 3,577 | 2,608 | 1,160 | 2,189 | 2,455 | 2,972 | 2,680 | 2,489 |
| EBITA margin | 15.2% | 13.4% | 7.8% | 7.8% | 8.3% | 10.7% | 10.7% | 9.6% |
| Amortization of intangibles | 130 | 85 | 72 | 112 | 116 | 115 | 111 | 107 |
| EBIT | 3,447 | 2,523 | 1,088 | 2,077 | 2,339 | 2,857 | 2,569 | 2,382 |
| EBIT margin | 14.6% | 12.9% | 7.4% | 7.4% | 7.9% | 10.3% | 10.2% | 9.2% |
| Pre-tax income | 2,682 | 1,939 | -179 | 1,170 | 1,466 | 659 | -22 | 567 |
| Income taxes | 747 | 229 | 85 | -271 | 417 | 457 | 297 | 360 |
| Tax rate | 27.9% | 11.8% | | | 28.4% | 69.3% | | 63.5% |
| Earnings from continuing ops | 2,029 | 3,565 | -253 | 1,422 | 1,068 | 272 | -264 | 253 |
| Earnings from discontinued ops | | -41 | -240 | | | | | |
| Net income | 2,029 | 3,524 | -493 | 1,422 | 1,068 | 272 | -264 | 253 |
| Net margin | 8.6% | 18.1% | -3.3% | 5.1% | 3.6% | 1.0% | -1.1% | 1.0% |
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| Diluted EPS | $1.49 | $2.62 | ($0.19) | $1.05 | $0.78 | $0.20 | ($0.19) | $0.19 |
| Shares outstanding (diluted) | 1,362 | 1,361 | 1,351 | 1,354 | 1,361 | 1,367 | 1,362 | 1,363 |
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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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