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 | 4,907 | 2,890 | 1,620 | 5,469 | 5,524 | 5,387 | 5,430 | 5,350 |
| Revenue growth | 69.8% | 78.4% | -70.4% | -1.0% | 2.5% | -0.8% | 1.5% | 0.5% |
| Cost of goods sold | 325 | 307 | 312 | 365 | 387 | 394 | 382 | 3,693 |
| Gross profit | 4,582 | 2,583 | 1,308 | 5,104 | 5,137 | 4,993 | 5,048 | 1,657 |
| Gross margin | 93.4% | 89.4% | 80.7% | 93.3% | 93.0% | 92.7% | 93.0% | 31.0% |
| Selling, general and administrative | 3,807 | 2,833 | 2,261 | 4,305 | | | | |
| General and administrative | | | | | 104 | 98 | 106 | 94 |
| EBIT | 609 | -404 | -1,185 | 564 | 553 | 692 | 690 | 705 |
| EBIT margin | 12.4% | -14.0% | -73.1% | 10.3% | 10.0% | 12.8% | 12.7% | 13.2% |
| Pre-tax income | 669 | -102 | -961 | 962 | 1,301 | 651 | 811 | 574 |
| Income taxes | 26 | -91 | -220 | 30 | 150 | 80 | 40 | 9 |
| Tax rate | 3.9% | 89.2% | 22.9% | 3.1% | 11.5% | 12.3% | 4.9% | 1.6% |
| Net income | 633 | -11 | -732 | 920 | 1,087 | 564 | 762 | 558 |
| Net margin | 12.9% | -0.4% | -45.2% | 16.8% | 19.7% | 10.5% | 14.0% | 10.4% |
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| Diluted EPS | $0.88 | ($15,486.41) | ($1.04) | $1.26 | $1.47 | $0.76 | $1.02 | $0.74 |
| Shares outstanding (diluted) | 718 | 0 | 706 | 731 | 741 | 739 | 744 | 753 |
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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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