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 | 5,973.7 | 4,759.4 | 4,438.7 | 3,330.6 | 2,804.4 | 2,618.1 | 2,533.1 | 2,197.1 |
| Revenue growth | 25.5% | 7.2% | 33.3% | 18.8% | 7.1% | 3.4% | 15.3% | 24.8% |
| Cost of goods sold | 1,205.7 | 1,041.3 | 952.1 | 734.3 | 600.6 | 569.5 | 568.9 | 544.2 |
| Gross profit | 4,768.0 | 3,718.1 | 3,486.7 | 2,596.4 | 2,203.8 | 2,048.6 | 1,964.3 | 1,652.9 |
| Gross margin | 79.8% | 78.1% | 78.6% | 78.0% | 78.6% | 78.2% | 77.5% | 75.2% |
| General and administrative | 331.1 | 293.2 | 274.8 | 266.7 | 239.0 | 231.1 | 222.1 | 217.2 |
| EBIT | 3,778.4 | 3,611.3 | 2,416.3 | 2,049.9 | 1,986.3 | 2,202.6 | 874.7 | 539.4 |
| EBIT margin | 63.3% | 75.9% | 54.4% | 61.5% | 70.8% | 84.1% | 34.5% | 24.6% |
| Pre-tax income | 3,690.8 | 3,322.8 | 1,747.1 | 1,776.4 | 1,886.3 | 1,815.6 | 1,347.1 | 948.6 |
| Income taxes | 135.4 | 174.3 | 130.5 | 74.5 | 63.3 | 54.6 | 54.6 | 23.1 |
| Tax rate | 3.7% | 5.2% | 7.5% | 4.2% | 3.4% | 3.0% | 4.1% | 2.4% |
| Net income | 3,358.8 | 2,933.6 | 1,473.1 | 1,567.0 | 1,643.4 | 1,641.9 | 1,203.2 | 862.8 |
| Net margin | 56.2% | 61.6% | 33.2% | 47.0% | 58.6% | 62.7% | 47.5% | 39.3% |
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| Diluted EPS | $4.14 | $3.84 | $1.95 | $2.39 | $2.78 | $2.97 | $2.20 | $1.62 |
| Shares outstanding (diluted) | 811.6 | 764.8 | 754.4 | 654.9 | 590.2 | 552.3 | 546.7 | 533.9 |
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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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