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 | 156,735.0 | 127,004.0 | 122,485.0 | 137,237.0 | 147,049.0 | 145,588.0 | 149,184.0 | 135,725.0 |
| Revenue growth | 23.4% | 3.7% | -10.7% | -6.7% | 1.0% | -2.4% | 9.9% | -13.0% |
| Cost of goods sold | -1.0 | 0.0 | 0.0 | 110,651.0 | 120,656.0 | 116,229.0 | 121,784.0 | 118,299.0 |
| Gross profit | 156,736.0 | 127,004.0 | 122,485.0 | 26,586.0 | 26,393.0 | 29,359.0 | 27,400.0 | 17,426.0 |
| Gross margin | 100.0% | 100.0% | 100.0% | 19.4% | 17.9% | 20.2% | 18.4% | 12.8% |
| Selling, general and administrative | 146,421.0 | 117,680.0 | 115,851.0 | 8,491.0 | 9,650.0 | 9,570.0 | 10,345.0 | 11,888.0 |
| EBITA | 11,291.0 | 10,766.0 | 7,452.0 | 6,951.0 | 6,855.0 | 11,071.0 | 11,293.0 | 8,055.0 |
| EBITA margin | 7.2% | 8.5% | 6.1% | 5.1% | 4.7% | 7.6% | 7.6% | 5.9% |
| Amortization of intangibles | 139.0 | 141.0 | 144.0 | 202.0 | 247.0 | 278.0 | 325.0 | 324.0 |
| EBIT | 11,152.0 | 10,625.0 | 7,308.0 | 6,749.0 | 6,608.0 | 10,793.0 | 10,968.0 | 7,731.0 |
| EBIT margin | 7.1% | 8.4% | 6.0% | 4.9% | 4.5% | 7.4% | 7.4% | 5.7% |
| Pre-tax income | 11,597.0 | 12,716.0 | 8,095.0 | 7,436.0 | 8,549.0 | 11,863.0 | 12,008.0 | 8,371.0 |
| Income taxes | 1,888.0 | 2,771.0 | 1,774.0 | 769.0 | 474.0 | 11,533.0 | 2,739.0 | -1,219.0 |
| Tax rate | 16.3% | 21.8% | 21.9% | 10.3% | 5.5% | 97.2% | 22.8% | |
| Earnings from continuing ops | 8,915.0 | 9,837.0 | 6,247.0 | 6,581.0 | 7,846.0 | -8,092.0 | 9,426.0 | 9,662.0 |
| Earnings from discontinued ops | | | | | 70.0 | 4,212.0 | 1.0 | 25.0 |
| Net income | 8,915.0 | 9,837.0 | 6,247.0 | 6,581.0 | 7,916.0 | -3,880.0 | 9,427.0 | 9,687.0 |
| Net margin | 5.7% | 7.7% | 5.1% | 4.8% | 5.4% | -2.7% | 6.3% | 7.1% |
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| Diluted EPS | $6.13 | $6.70 | $4.33 | $4.57 | $5.48 | ($5.42) | $6.00 | $5.89 |
| Shares outstanding (diluted) | 1,454.0 | 1,468.0 | 1,442.0 | 1,439.0 | 1,431.0 | 1,492.0 | 1,570.0 | 1,640.0 |
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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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