Overview Financials News + Filings IR Vault Key Docs Charts Holdings Ownership Insiders
|
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Total revenues [+] | 15,655 | 14,217 | 13,846 | 14,287 | 23,209 | 23,657 | 28,406 | 28,998 |
| Products | 15,655 | 14,217 | 13,846 | 14,287 | | | | |
| Other income | | | | | | | | -371 |
| Revenue growth | 10.1% | 2.7% | -3.1% | | -1.9% | -16.7% | -2.0% | -17.9% |
| Cost of goods sold [+] | 9,220 | 8,507 | 8,575 | 9,948 | 14,604 | 15,025 | 17,668 | 18,864 |
| Cost of product sales | | | | | | 14,591 | 17,023 | 17,642 |
| Other cost of sales | | | | | | | 645 | 1,222 |
| Other direct costs | | | | | 667 | 434 | | |
| Gross profit | 6,435 | 5,710 | 5,271 | 4,339 | 8,605 | 8,632 | 10,738 | 10,134 |
| Gross margin | 41.1% | 40.2% | 38.1% | 30.4% | 37.1% | 36.5% | 37.8% | 34.9% |
| Selling, general and administrative | 3,209 | 3,043 | 3,065 | 3,041 | 4,127 | 4,428 | 4,891 | 5,342 |
| Research and development | 1,187 | 1,142 | 1,147 | 1,355 | 1,496 | 1,735 | 1,958 | 2,037 |
| Other operating expenses | 1,011 | 1,017 | 1,467 | 2,239 | -837 | | -1,701 | -182 |
| EBITDA [+] | 2,472 | 1,872 | 1,191 | 494 | 5,077 | 3,935 | 7,207 | 4,540 |
| EBITDA growth | 32.1% | 57.2% | 141.1% | | 29.0% | -45.4% | 58.7% | -15.9% |
| EBITDA margin | 15.8% | 13.2% | 8.6% | 3.5% | 21.9% | 16.6% | 25.4% | 15.7% |
| Depreciation | 722 | 682 | 1,124 | 2,399 | 939 | 1,104 | 1,254 | 1,280 |
| EBITA | 1,750 | 1,190 | 67 | -1,905 | 4,138 | 2,831 | 5,953 | 3,260 |
| EBITA margin | 11.2% | 8.4% | 0.5% | -13.3% | 17.8% | 12.0% | 21.0% | 11.2% |
| Amortization of intangibles | 722 | 682 | 475 | 391 | 319 | 362 | 363 | 323 |
| EBIT [+] | 1,028 | 508 | -408 | -2,296 | 3,819 | 2,469 | 5,590 | 2,937 |
| EBIT growth | 102.4% | -224.5% | -82.2% | | 54.7% | -55.8% | 90.3% | -20.3% |
| EBIT margin | 6.6% | 3.6% | -2.9% | -16.1% | 16.5% | 10.4% | 19.7% | 10.1% |
| Non-recurring items [+] | | | | 4,503 | 556 | 795 | | |
| Asset impairment | | | | 4,503 | 556 | 795 | | |
| Interest expense | 30 | 45 | 136 | 337 | 370 | 342 | | |
| Interest expense | 30 | 45 | 136 | 337 | 370 | 342 | | |
| Other income (expense), net | 1,348 | 212 | 228 | 330 | -170 | 690 | -1,277 | -371 |
| Pre-tax income | 2,346 | 675 | -316 | -6,806 | 2,723 | 2,022 | 4,313 | 2,566 |
| Income taxes | 524 | -81 | -46 | -31 | 641 | 575 | 1,168 | 360 |
| Tax rate | 22.3% | | 14.6% | 0.5% | 23.5% | 28.4% | 27.1% | 14.0% |
| Minority interest | 10 | 20 | 18 | 38 | 12 | 6 | 11 | 14 |
| Earnings from continuing ops | 3,634 | 1,492 | -288 | -13,588 | 2,070 | 1,441 | 3,134 | 4,848 |
| Earnings from discontinued ops | -53 | -55 | -671 | 1,748 | 443 | 512 | 491 | |
| Net income | 3,581 | 1,437 | -959 | -11,840 | 2,513 | 1,953 | 3,625 | 4,848 |
| Net margin | 22.9% | 10.1% | -6.9% | -82.9% | 10.8% | 8.3% | 12.8% | 16.7% |
| |
| Basic EPS [+] | $4.94 | $1.99 | ($0.38) | ($18.13) | $2.37 | $1.61 | $3.43 | $5.24 |
| Growth | 147.8% | -618.6% | -97.9% | | 47.2% | -53.0% | -34.6% | 77.4% |
| Diluted EPS [+] | $4.90 | $1.99 | ($0.38) | ($18.13) | $2.36 | $1.60 | $3.40 | $5.20 |
| Growth | 146.7% | -616.9% | -97.9% | | 47.4% | -52.9% | -34.6% | 77.7% |
| |
| Dividends per share [+] | $0.54 | $0.52 | $0.26 | | $1.52 | $1.72 | $1.84 | $1.78 |
| Growth | 3.8% | 100.0% | | | -11.6% | -6.5% | 3.4% | 4.7% |
| |
| Shares outstanding (basic) [+] | 736 | 749 | 750 | 749 | 873 | 894 | 915 | 926 |
| Growth | -1.7% | -0.1% | 0.0% | | -2.4% | -2.3% | -1.2% | -0.8% |
| Shares outstanding (diluted) [+] | 742 | 751 | 750 | 749 | 877 | 900 | 922 | 933 |
| Growth | -1.3% | 0.2% | 0.0% | | -2.6% | -2.4% | -1.2% | -1.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|