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 | 8,465.0 | 8,872.0 | 9,667.0 | 11,015.0 | 10,240.0 | 11,021.0 | 11,727.0 | 12,710.0 |
| Revenue growth | -4.6% | -8.2% | -12.2% | 7.6% | -7.1% | -6.0% | -7.7% | 13.1% |
| Cost of goods sold | 6,602.0 | 6,921.0 | 7,412.0 | 8,464.0 | 7,779.0 | 8,313.0 | 8,864.0 | 9,734.0 |
| Gross profit | 1,863.0 | 1,951.0 | 2,255.0 | 2,551.0 | 2,461.0 | 2,708.0 | 2,863.0 | 2,976.0 |
| Gross margin | 22.0% | 22.0% | 23.3% | 23.2% | 24.0% | 24.6% | 24.4% | 23.4% |
| Selling, general and administrative | 1,558.0 | 1,661.0 | 1,889.0 | 2,193.0 | 2,036.0 | 2,255.0 | 2,425.0 | 2,733.0 |
| EBITA | 263.0 | 194.0 | 286.0 | 317.0 | 340.0 | 543.0 | 209.0 | -73.0 |
| EBITA margin | 3.1% | 2.2% | 3.0% | 2.9% | 3.3% | 4.9% | 1.8% | -0.6% |
| Amortization of intangibles | 9.0 | 6.0 | 6.0 | 31.0 | 9.0 | 10.0 | 13.0 | 18.0 |
| EBIT | 254.0 | 188.0 | 280.0 | 286.0 | 331.0 | 533.0 | 196.0 | -91.0 |
| EBIT margin | 3.0% | 2.1% | 2.9% | 2.6% | 3.2% | 4.8% | 1.7% | -0.7% |
| Pre-tax income | 231.0 | -38.0 | 178.0 | 158.0 | 299.0 | 459.0 | 115.0 | -291.0 |
| Income taxes | 44.0 | 25.0 | 51.0 | 59.0 | 153.0 | -220.0 | 23.0 | 2.0 |
| Tax rate | 19.0% | | 28.7% | 37.3% | 51.2% | | 20.0% | |
| Earnings from continuing ops | 187.0 | -63.0 | 127.0 | 99.0 | 146.0 | 679.0 | 92.0 | -354.0 |
| Earnings from discontinued ops | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | | | |
| Net income | -208.0 | -319.0 | 99.0 | 104.0 | 181.0 | 529.0 | 8.0 | -354.0 |
| Net margin | -2.5% | -3.6% | 1.0% | 0.9% | 1.8% | 4.8% | 0.1% | -2.8% |
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| Diluted EPS | $3.40 | ($1.19) | $2.31 | $1.77 | $0.27 | $1.24 | $0.17 | ($0.66) |
| Shares outstanding (diluted) | 55.0 | 53.0 | 55.0 | 56.0 | 535.0 | 549.0 | 555.0 | 535.0 |
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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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