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-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 3,326 | 2,060 | 1,250 | 2,508 | 2,156 | 1,714 | 1,604 | 1,593 |
| Revenue growth | 61.5% | 64.8% | -50.2% | 16.3% | | 6.9% | 0.7% | |
| Cost of goods sold | 2,999 | 2,224 | 1,607 | 1,959 | 1,382 | 887 | 875 | 982 |
| Gross profit | 327 | -164 | -357 | 549 | 774 | 827 | 729 | 611 |
| Gross margin | 9.8% | -8.0% | -28.6% | 21.9% | 35.9% | 48.2% | 45.4% | 38.4% |
| Sales and marketing | 164 | 109 | 78 | 130 | 110 | 72 | 79 | 87 |
| EBITA | -34 | -117 | -364 | 310 | 92 | 317 | 233 | 228 |
| EBITA margin | -1.0% | -5.7% | -29.1% | 12.4% | 4.3% | 18.5% | 14.5% | 14.3% |
| Amortization of intangibles | 1 | | 1 | 1 | | | | |
| EBIT | -35 | -117 | -365 | 309 | 92 | 317 | 233 | 228 |
| EBIT margin | -1.1% | -5.7% | -29.2% | 12.3% | 4.3% | 18.5% | 14.5% | 14.3% |
| Pre-tax income | -45 | -144 | -372 | 325 | 105 | 316 | 228 | 224 |
| Income taxes | -8 | -42 | -147 | 74 | 25 | 116 | 82 | 84 |
| Tax rate | 17.8% | 29.2% | 39.5% | 22.8% | 23.8% | 36.7% | 36.0% | 37.5% |
| Net income | -37 | -102 | -225 | 251 | 80 | 200 | 146 | 140 |
| Net margin | -1.1% | -5.0% | -18.0% | 10.0% | 3.7% | 11.7% | 9.1% | 8.8% |
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| Diluted EPS | ($0.17) | ($0.48) | ($1.13) | $1.26 | $0.36 | $36.23 | $26.15 | $25.75 |
| Shares outstanding (diluted) | 218 | 211 | 199 | 200 | 222 | 6 | 6 | 5 |
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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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