Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 58,752.0 | 51,533.0 | 51,336.0 | 46,677.0 | 43,614.0 | 41,490.0 | 17,880.0 | 19,554.0 |
| Revenue growth | 14.0% | 0.4% | 10.0% | 7.0% | 5.1% | 132.0% | -8.6% | 8.6% |
| Cost of goods sold | 26,779.0 | 23,874.0 | 23,560.0 | 21,425.0 | 20,059.0 | 18,897.0 | 7,522.0 | 8,067.0 |
| Gross profit | 31,973.0 | 27,659.0 | 27,776.0 | 25,252.0 | 23,555.0 | 22,593.0 | 10,358.0 | 11,487.0 |
| Gross margin | 54.4% | 53.7% | 54.1% | 54.1% | 54.0% | 54.5% | 57.9% | 58.7% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 9,481.0 | 8,369.0 | 8,481.0 | 7,724.0 | 7,316.0 | 6,933.0 | 2,705.0 | 2,982.0 |
| EBITA | 11,412.0 | 6,745.0 | 6,857.0 | 7,081.0 | 6,032.0 | 6,513.0 | 3,153.0 | 4,137.0 |
| EBITA margin | 19.4% | 13.1% | 13.4% | 15.2% | 13.8% | 15.7% | 17.6% | 21.2% |
| Amortization of intangibles | 25.0 | 26.0 | | | | | | |
| EBIT | 11,387.0 | 6,719.0 | 6,857.0 | 7,081.0 | 6,032.0 | 6,513.0 | 3,153.0 | 4,137.0 |
| EBIT margin | 19.4% | 13.0% | 13.4% | 15.2% | 13.8% | 15.7% | 17.6% | 21.2% |
| Pre-tax income | 9,833.0 | 5,430.0 | 5,244.0 | 5,335.0 | 4,381.0 | 4,810.0 | 1,474.0 | 2,059.0 |
| Income taxes | 2,112.0 | 1,043.0 | 1,099.0 | 946.0 | 1,638.0 | 1,378.0 | 372.0 | 612.0 |
| Tax rate | 21.5% | 19.2% | 21.0% | 17.7% | 37.4% | 28.6% | 25.2% | 29.7% |
| Net income | 6,956.0 | 3,754.0 | 3,505.0 | 3,787.0 | 2,216.0 | 2,890.0 | 627.0 | 1,036.0 |
| Net margin | 11.8% | 7.3% | 6.8% | 8.1% | 5.1% | 7.0% | 3.5% | 5.3% |
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| Diluted EPS | $21.16 | $10.93 | $10.07 | $10.66 | $5.95 | $7.30 | $1.47 | $2.30 |
| Shares outstanding (diluted) | 328.8 | 343.6 | 348.2 | 355.3 | 372.2 | 395.9 | 426.7 | 450.4 |
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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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