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 | 121,427.0 | 116,385.0 | 103,564.0 | 108,942.0 | 94,507.0 | 85,029.0 | 80,736.0 | 74,510.0 |
| Revenue growth | 4.3% | 12.4% | -4.9% | 15.3% | 11.1% | 5.3% | 8.4% | 8.3% |
| Cost of goods sold | 76,475.0 | 74,069.0 | 66,230.0 | 67,247.0 | 57,786.0 | 50,804.0 | 48,188.0 | 43,875.0 |
| Gross profit | 44,952.0 | 42,316.0 | 37,334.0 | 41,695.0 | 36,721.0 | 34,225.0 | 32,548.0 | 30,635.0 |
| Gross margin | 37.0% | 36.4% | 36.0% | 38.3% | 38.9% | 40.3% | 40.3% | 41.1% |
| Selling, general and administrative | | | | | | | | |
| Sales and marketing | 8,506.0 | 7,695.0 | 6,741.0 | 7,617.0 | 7,036.0 | 6,519.0 | 6,291.0 | 5,957.0 |
| EBITA | 27,721.0 | 25,993.0 | 22,273.0 | 25,415.0 | 21,404.0 | 19,792.0 | 18,793.0 | 17,572.0 |
| EBITA margin | 22.8% | 22.3% | 21.5% | 23.3% | 22.6% | 23.3% | 23.3% | 23.6% |
| Amortization of intangibles | 5,097.0 | 5,176.0 | 4,780.0 | 4,290.0 | 2,736.0 | 2,216.0 | 1,962.0 | 1,899.0 |
| EBIT | 22,624.0 | 20,817.0 | 17,493.0 | 21,125.0 | 18,668.0 | 17,576.0 | 16,831.0 | 15,673.0 |
| EBIT margin | 18.6% | 17.9% | 16.9% | 19.4% | 19.8% | 20.7% | 20.8% | 21.0% |
| Pre-tax income | 9,284.0 | 19,093.0 | 14,065.0 | 16,996.0 | 15,242.0 | 15,353.0 | 14,326.0 | 13,372.0 |
| Income taxes | 4,359.0 | -5,259.0 | 3,364.0 | 3,673.0 | 3,380.0 | -7,569.0 | 5,298.0 | 4,959.0 |
| Tax rate | 47.0% | | 23.9% | 21.6% | 22.2% | | 37.0% | 37.1% |
| Net income | 5,370.0 | 14,158.0 | 10,534.0 | 13,323.0 | 11,862.0 | 22,922.0 | 9,028.0 | 8,413.0 |
| Net margin | 4.4% | 12.2% | 10.2% | 12.2% | 12.6% | 27.0% | 11.2% | 11.3% |
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| Diluted EPS | $1.21 | $3.04 | $2.28 | $2.89 | $2.56 | $4.79 | $1.85 | $1.67 |
| Shares outstanding (diluted) | 4,430.0 | 4,654.0 | 4,624.0 | 4,610.0 | 4,640.0 | 4,786.0 | 4,875.0 | 5,035.0 |
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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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