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 | 125,982.0 | 111,115.0 | 74,639.0 | 60,116.0 | 48,382.0 | 40,607.0 | 22,760.0 | 16,560.0 |
| Revenue growth | 13.4% | 48.9% | 24.2% | 24.3% | 19.1% | 78.4% | 37.4% | 52.4% |
| Cost of goods sold | 4,894.0 | 3,303.0 | 2,465.0 | 2,386.0 | 1,847.0 | 1,864.0 | 1,621.0 | 1,280.0 |
| Gross profit | 121,088.0 | 107,812.0 | 72,174.0 | 57,730.0 | 46,535.0 | 38,743.0 | 21,139.0 | 15,280.0 |
| Gross margin | 96.1% | 97.0% | 96.7% | 96.0% | 96.2% | 95.4% | 92.9% | 92.3% |
| Selling, general and administrative | 10,166.0 | 9,867.0 | 6,533.0 | 6,043.0 | 4,446.0 | 3,673.0 | 1,802.0 | 1,298.0 |
| EBITA | 4,033.0 | 3,873.0 | 2,310.0 | 1,669.0 | 1,355.0 | 1,410.0 | 729.0 | 480.0 |
| EBITA margin | 3.2% | 3.5% | 3.1% | 2.8% | 2.8% | 3.5% | 3.2% | 2.9% |
| Amortization of intangibles | 770.0 | 719.0 | 258.0 | 211.0 | 156.0 | 147.0 | 24.0 | 16.0 |
| EBIT | 3,263.0 | 3,154.0 | 2,052.0 | 1,458.0 | 1,199.0 | 1,263.0 | 705.0 | 464.0 |
| EBIT margin | 2.6% | 2.8% | 2.7% | 2.4% | 2.5% | 3.1% | 3.1% | 2.8% |
| Pre-tax income | 1,813.0 | 2,773.0 | 1,782.0 | 1,368.0 | 1,134.0 | 1,160.0 | 697.0 | 457.0 |
| Income taxes | 477.0 | 979.0 | 473.0 | 474.0 | 326.0 | 599.0 | 339.0 | 196.0 |
| Tax rate | 26.3% | 35.3% | 26.5% | 34.6% | 28.7% | 51.6% | 48.6% | 42.9% |
| Net income | 1,347.0 | 1,808.0 | 1,321.0 | 900.0 | 828.0 | 562.0 | 713.0 | 271.0 |
| Net margin | 1.1% | 1.6% | 1.8% | 1.5% | 1.7% | 1.4% | 3.1% | 1.6% |
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| Diluted EPS | $2.28 | $3.12 | $3.14 | $2.26 | $2.34 | $1.71 | $5.79 | $2.25 |
| Shares outstanding (diluted) | 590.5 | 579.1 | 420.4 | 398.5 | 353.4 | 328.0 | 123.1 | 120.4 |
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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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