Financial Summary (All financials)
| In millions, except per share items | May-31-23 | May-05-23 | May-31-22 | May-05-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 |
| Revenues | 5,007.1 | 5,007.1 | 4,611.7 | 4,611.7 | 4,056.8 | 3,953.6 | 3,691.9 | 3,314.2 |
| Revenue growth | 8.6% | 8.6% | 13.7% | | 2.6% | 7.1% | 11.4% | 5.1% |
| Cost of goods sold | 1,453.0 | 4,907.3 | 1,356.3 | 4,554.0 | 1,271.2 | 2,580.0 | 2,401.2 | 2,086.2 |
| Gross profit | 3,554.1 | 99.8 | 3,255.4 | 57.7 | 2,785.6 | 1,373.6 | 1,290.7 | 1,228.0 |
| Gross margin | 71.0% | 2.0% | 70.6% | 1.3% | 68.7% | 34.7% | 35.0% | 37.1% |
| Selling, general and administrative | 1,521.0 | 1,521.0 | 1,415.4 | 1,415.4 | 1,324.9 | 0.0 | 0.0 | 0.0 |
| EBITA | 2,081.3 | 2,033.1 | 1,898.1 | 1,840.0 | 1,529.3 | 1,533.4 | 1,420.9 | 1,313.2 |
| EBITA margin | 41.6% | 40.6% | 41.2% | 39.9% | 37.7% | 38.8% | 38.5% | 39.6% |
| Amortization of intangibles | 48.2 | | 58.1 | | 68.6 | 81.9 | 55.8 | 21.1 |
| EBIT | 2,033.1 | 2,033.1 | 1,840.0 | 1,840.0 | 1,460.7 | 1,451.5 | 1,365.1 | 1,292.1 |
| EBIT margin | 40.6% | 40.6% | 39.9% | 39.9% | 36.0% | 36.7% | 37.0% | 39.0% |
| Pre-tax income | 2,048.2 | 2,048.2 | 1,824.6 | 1,824.6 | 1,434.2 | 1,437.1 | 1,368.0 | 1,300.1 |
| Income taxes | 490.9 | 490.9 | 431.8 | 431.8 | 336.7 | 339.0 | 333.6 | 306.0 |
| Tax rate | 24.0% | 24.0% | 23.7% | 23.7% | 23.5% | 23.6% | 24.4% | 23.5% |
| Net income | 1,557.3 | 1,557.3 | 1,392.8 | 1,392.8 | 1,097.5 | 0.0 | 0.0 | 0.0 |
| Net margin | 31.1% | 31.1% | 30.2% | 30.2% | 27.1% | 0.0% | 0.0% | 0.0% |
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| Diluted EPS | $4.30 | $4.30 | $3.84 | $3.84 | $3.03 | $0.00 | $0.00 | $0.00 |
| Shares outstanding (diluted) | 362.3 | 362.3 | 363.1 | 363.1 | 362.1 | 361.0 | 361.8 | 361.5 |
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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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