Financial Summary (All financials)
| In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| Revenues | 8,428.0 | 8,305.0 | 8,006.0 | 7,389.0 | 6,818.0 | 4,490.0 | 4,658.1 | 3,776.4 |
| Revenue growth | 1.5% | 3.7% | 8.4% | 8.4% | 51.8% | -3.6% | 23.3% | 3.0% |
| Cost of goods sold | 4,098.0 | 4,088.0 | 4,027.0 | 3,626.0 | 3,284.0 | 2,211.0 | 2,213.0 | 1,832.2 |
| Gross profit | 4,330.0 | 4,217.0 | 3,979.0 | 3,763.0 | 3,534.0 | 2,279.0 | 2,445.1 | 1,944.2 |
| Gross margin | 51.4% | 50.8% | 49.7% | 50.9% | 51.8% | 50.8% | 52.5% | 51.5% |
| Selling, general and administrative | 716.0 | 706.0 | 696.0 | 682.0 | 589.0 | 479.0 | 543.1 | 492.7 |
| Research and development | 2,373.0 | 2,486.0 | 2,318.0 | 1,983.0 | 1,763.0 | 1,535.0 | 1,497.7 | 1,348.5 |
| EBITA | 1,486.0 | 1,171.0 | 1,163.0 | 1,127.0 | 1,182.0 | 231.0 | 420.2 | 116.5 |
| EBITA margin | 17.6% | 14.1% | 14.5% | 15.3% | 17.3% | 5.1% | 9.0% | 3.1% |
| Amortization of intangibles | 214.0 | 228.0 | 311.0 | 84.0 | 28.0 | 31.0 | 19.2 | 14.5 |
| EBIT | 1,272.0 | 943.0 | 852.0 | 1,043.0 | 1,154.0 | 200.0 | 400.9 | 101.9 |
| EBIT margin | 15.1% | 11.4% | 10.6% | 14.1% | 16.9% | 4.5% | 8.6% | 2.7% |
| Pre-tax income | 667.0 | 445.0 | 656.0 | 956.0 | 1,098.0 | 72.0 | 222.3 | 219.5 |
| Income taxes | 15.0 | 21.0 | -63.0 | 29.0 | 16.0 | 7.0 | 7.5 | 6.1 |
| Tax rate | 2.2% | 4.7% | | 3.0% | 1.5% | 9.7% | 3.4% | 2.8% |
| Net income | 652.0 | 424.0 | 719.0 | 927.0 | 1,082.0 | 65.0 | 214.8 | 213.3 |
| Net margin | 7.7% | 5.1% | 9.0% | 12.5% | 15.9% | 1.4% | 4.6% | 5.6% |
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| Diluted EPS | $1.08 | $0.73 | $1.25 | $1.65 | $1.99 | $0.13 | $0.41 | $0.37 |
| Shares outstanding (diluted) | 601.0 | 584.0 | 576.0 | 563.0 | 545.0 | 513.0 | 524.2 | 577.7 |
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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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