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 | 7,339 | 5,767 | 5,639 | 4,913 | 4,171 | 4,268 | 5,096 | 6,366 |
| Revenue growth | 27.3% | 2.3% | 14.8% | 17.8% | -2.3% | -16.2% | -19.9% | -11.8% |
| Cost of goods sold | 6,533 | 5,101 | 4,986 | 4,329 | 3,732 | 4,156 | 4,771 | 6,431 |
| Gross profit | 806 | 666 | 653 | 584 | 439 | 112 | 325 | -65 |
| Gross margin | 11.0% | 11.5% | 11.6% | 11.9% | 10.5% | 2.6% | 6.4% | -1.0% |
| Selling, general and administrative | 393 | 335 | 341 | 294 | 244 | | | |
| General and administrative | | | | | | 133 | 155 | 239 |
| EBIT | 243 | 352 | 345 | 470 | 265 | 80 | 254 | -66 |
| EBIT margin | 3.3% | 6.1% | 6.1% | 9.6% | 6.4% | 1.9% | 5.0% | -1.0% |
| Pre-tax income | 134 | -25 | 268 | 396 | 247 | 33 | 312 | -777 |
| Income taxes | -108 | 26 | 59 | 86 | -193 | 84 | 86 | 421 |
| Tax rate | | | 22.0% | 21.7% | | 254.5% | 27.6% | |
| Net income | 0 | -72 | 202 | 281 | 432 | -61 | 203 | -1,262 |
| Net margin | 0.0% | -1.2% | 3.6% | 5.7% | 10.4% | -1.4% | 4.0% | -19.8% |
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| Diluted EPS | | ($0.51) | $1.42 | $1.99 | $3.06 | ($0.43) | $1.41 | ($8.64) |
| Shares outstanding (diluted) | | 142 | 142 | 141 | 141 | 142 | 144 | 146 |
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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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