Financial Summary (All financials)
| In millions, except per share items | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 | Dec-31-99 | Dec-31-98 |
| Revenues | 20,547.0 | 20,300.0 | 20,341.0 | -0.2 | 0.7 | -7.0 | 3.7 | 9.1 |
| Revenue growth | 1.2% | -0.2% | -10170600.0% | -128.6% | -110.0% | -289.2% | -59.3% | 0.0% |
| Cost of goods sold | 8,067.0 | 7,520.0 | 6,991.0 | 0.0 | 0.0 | 0.0 | 2.6 | 9.1 |
| Gross profit | 12,480.0 | 12,780.0 | 13,350.0 | -0.2 | 0.7 | -7.0 | 1.1 | 0.0 |
| Gross margin | 60.7% | 63.0% | 65.6% | 100.0% | 100.0% | 100.0% | 29.7% | 0.0% |
| Selling, general and administrative | 3,873.0 | 3,816.0 | 3,777.0 | 1.0 | 2.9 | 5.4 | 5.8 | 9.0 |
| EBIT | 4,319.0 | 4,827.0 | 5,557.0 | -4.8 | 24.8 | -22.7 | 6.9 | 9.0 |
| EBIT margin | 21.0% | 23.8% | 27.3% | 2400.0% | 3542.9% | 324.3% | 186.5% | 98.9% |
| Pre-tax income | 4,302.0 | 5,186.0 | 5,424.0 | -4.4 | 197.4 | -13.6 | 39.0 | -10.5 |
| Income taxes | 1,389.0 | 1,792.0 | 1,936.0 | -7.4 | 2.3 | 32.3 | 16.6 | -8.3 |
| Tax rate | 32.3% | 34.6% | 35.7% | 168.2% | 1.2% | | 42.6% | 79.0% |
| Earnings from continuing ops | 2,913.0 | 3,394.0 | 3,488.0 | -2.7 | 83.5 | -45.9 | 22.4 | -2.2 |
| Earnings from discontinued ops | 381.0 | 1,364.0 | 101.0 | | 111.6 | | | |
| Net income | 3.6 | 5.2 | 4.2 | 21.9 | 195.1 | -45.9 | 22.4 | -2.2 |
| Net margin | 0.0% | 0.0% | 0.0% | -10950.0% | 27871.4% | 655.7% | 605.4% | -24.2% |
| |
| Diluted EPS | $1,592.67 | $1,848.58 | $1.88 | $0.00 | | ($0.02) | $10.00 | ($2.20) |
| Shares outstanding (diluted) | 1.8 | 1.8 | 1,852.0 | 1,876.0 | | 1,918.2 | 2.2 | 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. |
|