Financial Summary (All financials)
| In millions, except per share items | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 | Dec-27-14 |
| Revenues | 79,024 | 77,867 | 71,965 | 70,848 | 62,761 | 59,387 | 55,355 | 55,870 |
| Revenue growth | 1.5% | 8.2% | 1.6% | 12.9% | 5.7% | 7.3% | -0.9% | 6.0% |
| Cost of goods sold | 35,209 | 34,255 | 29,825 | 27,111 | 23,663 | 23,196 | 20,676 | 20,261 |
| Gross profit | 43,815 | 43,612 | 42,140 | 43,737 | 39,098 | 36,191 | 34,679 | 35,609 |
| Gross margin | 55.4% | 56.0% | 58.6% | 61.7% | 62.3% | 60.9% | 62.6% | 63.7% |
| Selling, general and administrative | 6,543 | 6,180 | 6,350 | 6,750 | 7,452 | 8,397 | 7,930 | 8,136 |
| Research and development | 15,190 | 13,556 | 13,362 | 13,543 | 13,035 | 12,740 | 12,128 | 11,537 |
| EBITA | 26,547 | 25,831 | 24,050 | 24,809 | 19,811 | 16,284 | 15,246 | 16,811 |
| EBITA margin | 33.6% | 33.2% | 33.4% | 35.0% | 31.6% | 27.4% | 27.5% | 30.1% |
| Amortization of intangibles | 1,839 | 1,757 | 1,622 | 1,565 | 1,377 | 1,524 | 890 | 1,169 |
| EBIT | 24,708 | 24,074 | 22,428 | 23,244 | 18,434 | 14,760 | 14,356 | 15,642 |
| EBIT margin | 31.3% | 30.9% | 31.2% | 32.8% | 29.4% | 24.9% | 25.9% | 28.0% |
| Pre-tax income | 21,703 | 25,078 | 24,058 | 23,317 | 20,352 | 12,936 | 14,212 | 15,801 |
| Income taxes | 1,835 | 4,179 | 3,010 | 2,264 | 10,751 | 2,620 | 2,792 | 4,097 |
| Tax rate | 8.5% | 16.7% | 12.5% | 9.7% | 52.8% | 20.3% | 19.6% | 25.9% |
| Net income | 19,868 | 20,899 | 21,048 | 21,053 | 9,601 | 10,316 | 11,420 | 11,704 |
| Net margin | 25.1% | 26.8% | 29.2% | 29.7% | 15.3% | 17.4% | 20.6% | 20.9% |
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| Diluted EPS | $4.86 | $4.94 | $4.71 | $4.48 | $1.99 | $2.12 | $2.33 | $2.31 |
| Shares outstanding (diluted) | 4,090 | 4,232 | 4,473 | 4,701 | 4,835 | 4,875 | 4,894 | 5,056 |
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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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