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 | 11,915.0 | 12,222.0 | 11,497.0 | 9,740.0 | 7,253.0 | 7,379.0 | 6,680.0 | 6,085.0 |
| Revenue growth | -2.5% | 6.3% | 18.0% | 34.3% | -1.7% | 10.5% | 9.8% | -10.8% |
| Cost of goods sold | 7,585.0 | 7,278.0 | 4,890.0 | 5,710.0 | 4,353.0 | 4,433.0 | 3,738.0 | 3,987.0 |
| Gross profit | 4,330.0 | 4,944.0 | 6,607.0 | 4,030.0 | 2,900.0 | 2,946.0 | 2,942.0 | 2,098.0 |
| Gross margin | 36.3% | 40.5% | 57.5% | 41.4% | 40.0% | 39.9% | 44.0% | 34.5% |
| Research and development | 229.0 | 154.0 | 122.0 | 150.0 | 153.0 | 143.0 | 134.0 | 126.0 |
| General and administrative | 276.0 | 259.0 | 269.0 | 313.0 | 244.0 | 237.0 | 233.0 | 241.0 |
| EBIT | 1,593.0 | 2,277.0 | 4,209.0 | 6,117.0 | 1,359.0 | 1,273.0 | 987.0 | 339.0 |
| EBIT margin | 13.4% | 18.6% | 36.6% | 62.8% | 18.7% | 17.3% | 14.8% | 5.6% |
| Pre-tax income | -51.0 | 1,108.0 | 3,143.0 | 3,693.0 | 738.0 | 1,072.0 | -220.0 | 295.0 |
| Income taxes | -455.0 | -1,098.0 | -704.0 | -832.0 | 386.0 | 1,127.0 | 579.0 | 391.0 |
| Tax rate | 892.2% | | | | 52.3% | 105.1% | | 132.5% |
| Earnings from continuing ops | -858.0 | 1,109.0 | 2,666.0 | 5,833.0 | 280.0 | -76.0 | -498.0 | -225.0 |
| Earnings from discontinued ops | 30.0 | 57.0 | 163.0 | -72.0 | 61.0 | -38.0 | -131.0 | 445.0 |
| Net income | -828.0 | 1,166.0 | 2,829.0 | 5,761.0 | 341.0 | -114.0 | -629.0 | 220.0 |
| Net margin | -6.9% | 9.5% | 24.6% | 59.1% | 4.7% | -1.5% | -9.4% | 3.6% |
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| Diluted EPS | ($1.08) | $1.38 | $3.31 | $7.91 | $0.52 | ($0.14) | ($0.94) | ($0.44) |
| Shares outstanding (diluted) | 795.0 | 801.0 | 806.0 | 737.0 | 535.0 | 535.0 | 532.0 | 516.0 |
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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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