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 | 13,205.0 | 11,063.0 | 8,612.0 | 8,877.0 | 9,407.0 | 9,256.0 | 11.0 | 6,101.0 |
| Revenue growth | 19.4% | 28.5% | -3.0% | -5.6% | 1.6% | 84045.5% | -99.8% | 8.0% |
| Cost of goods sold | 5,688.0 | 4,996.0 | 4,377.0 | 4,259.0 | 4,556.0 | 4,637.0 | 5,429.0 | 3,314.0 |
| Gross profit | 7,517.0 | 6,067.0 | 4,235.0 | 4,618.0 | 4,851.0 | 4,619.0 | -5,418.0 | 2,787.0 |
| Gross margin | 56.9% | 54.8% | 49.2% | 52.0% | 51.6% | 49.9% | -49254.5% | 45.7% |
| Selling, general and administrative | 1,066.0 | 956.0 | 879.0 | 924.0 | 993.0 | 1,090.0 | 1,141.0 | 922.0 |
| Research and development | 2,148.0 | 1,936.0 | 1,725.0 | 1,643.0 | 1,700.0 | 1,554.0 | 1,560.0 | 890.0 |
| EBITA | 4,440.0 | 3,255.0 | 1,631.0 | 2,051.0 | 2,158.0 | 1,975.0 | 1,388.0 | 2,238.0 |
| EBITA margin | 33.6% | 29.4% | 18.9% | 23.1% | 22.9% | 21.3% | 12618.2% | 36.7% |
| Amortization of intangibles | 644.0 | 674.0 | 1,327.0 | 1,435.0 | 1,449.0 | 1,448.0 | 1,527.0 | 223.0 |
| EBIT | 3,796.0 | 2,581.0 | 304.0 | 616.0 | 709.0 | 527.0 | -139.0 | 2,015.0 |
| EBIT margin | 28.7% | 23.3% | 3.5% | 6.9% | 7.5% | 5.7% | -1263.6% | 33.0% |
| Pre-tax income | 3,363.0 | 2,180.0 | 1.0 | 291.0 | 2,375.0 | 1,736.0 | -603.0 | 1,486.0 |
| Income taxes | -529.0 | -272.0 | 83.0 | -20.0 | -176.0 | 483.0 | -851.0 | 104.0 |
| Tax rate | | | 8300.0% | | | 27.8% | 141.1% | 7.0% |
| Net income | 2,787.0 | 1,871.0 | 52.0 | 243.0 | 2,208.0 | 2,215.0 | 200.0 | 1,526.0 |
| Net margin | 21.1% | 16.9% | 0.6% | 2.7% | 23.5% | 23.9% | 1818.2% | 25.0% |
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| Diluted EPS | $10.55 | $6.79 | $0.18 | $0.85 | $6.72 | $6.41 | $0.58 | $6.10 |
| Shares outstanding (diluted) | 264.1 | 275.6 | 283.8 | 285.9 | 328.6 | 345.8 | 347.6 | 250.1 |
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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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