Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 9,229.0 | 7,126.0 | 6,840.0 | 6,583.0 | 5,809.0 | 5,379.0 | 5,594.0 | 6,473.0 |
| Revenue growth | 29.5% | 4.2% | 3.9% | 13.3% | 8.0% | -3.8% | -13.6% | -3.0% |
| Cost of goods sold | 8,411.0 | 6,552.0 | 6,394.0 | 6,033.0 | 5,260.0 | 4,882.0 | 5,198.0 | 5,795.0 |
| Gross profit | 818.0 | 574.0 | 446.0 | 550.0 | 549.0 | 497.0 | 396.0 | 678.0 |
| Gross margin | 8.9% | 8.1% | 6.5% | 8.4% | 9.5% | 9.2% | 7.1% | 10.5% |
| Selling, general and administrative | 360.0 | 329.0 | 336.0 | 314.0 | 309.0 | 275.0 | 270.0 | 254.0 |
| EBITA | 474.0 | 235.0 | 69.0 | 192.0 | 233.0 | 303.0 | 196.0 | 527.0 |
| EBITA margin | 5.1% | 3.3% | 1.0% | 2.9% | 4.0% | 5.6% | 3.5% | 8.1% |
| Amortization of intangibles | 9.0 | 8.0 | | | | | | |
| EBIT | 465.0 | 227.0 | 69.0 | 192.0 | 233.0 | 303.0 | 196.0 | 527.0 |
| EBIT margin | 5.0% | 3.2% | 1.0% | 2.9% | 4.0% | 5.6% | 3.5% | 8.1% |
| Pre-tax income | 636.0 | 286.0 | 290.0 | 11.0 | 427.0 | 384.0 | 241.0 | 536.0 |
| Income taxes | 65.0 | 3.0 | 3.0 | 8.0 | 181.0 | 70.0 | 69.0 | 168.0 |
| Tax rate | 10.2% | 1.0% | 1.0% | 72.7% | 42.4% | 18.2% | 28.6% | 31.3% |
| Net income | 570.0 | 283.0 | 287.0 | 3.0 | 247.0 | 312.0 | 171.0 | 367.0 |
| Net margin | 6.2% | 4.0% | 4.2% | 0.0% | 4.3% | 5.8% | 3.1% | 5.7% |
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| Diluted EPS | $491.05 | $243.64 | $246.19 | $2.56 | $211.01 | $266.54 | $146.09 | $311.43 |
| Shares outstanding (diluted) | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
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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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