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 | 11,112.0 | 10,701.0 | 10,805.0 | 10,944.0 | 10,928.0 | 10,700.0 | 102.0 | 37.0 |
| Revenue growth | 3.8% | -1.0% | -1.3% | 0.1% | 2.1% | 10390.2% | 175.7% | -58.9% |
| Cost of goods sold | 7,212.0 | 6,902.0 | 6,880.0 | 7,258.0 | 6,677.0 | 6,881.0 | 2,265.0 | 2,673.0 |
| Gross profit | 3,900.0 | 3,799.0 | 3,925.0 | 3,686.0 | 4,251.0 | 3,819.0 | -2,163.0 | -2,636.0 |
| Gross margin | 35.1% | 35.5% | 36.3% | 33.7% | 38.9% | 35.7% | -2120.6% | -7124.3% |
| Selling, general and administrative | 1,423.0 | 1,274.0 | 1,220.0 | 1,136.0 | 1,027.0 | 933.0 | 10,469.0 | 11,314.0 |
| EBIT | 1,847.0 | 2,162.0 | 2,510.0 | 2,502.0 | 2,428.0 | 2,054.0 | 3,424.0 | 2,143.0 |
| EBIT margin | 16.6% | 20.2% | 23.2% | 22.9% | 22.2% | 19.2% | 3356.9% | 5791.9% |
| Pre-tax income | 1,559.0 | 1,129.0 | 1,117.0 | 1,512.0 | 1,426.0 | 1,078.0 | 893.0 | 171.0 |
| Income taxes | 320.0 | 126.0 | 213.0 | 490.0 | 1,715.0 | 527.0 | 315.0 | -42.0 |
| Tax rate | 20.5% | 11.2% | 19.1% | 32.4% | 120.3% | 48.9% | 35.3% | |
| Earnings from continuing ops | 1,283.0 | 1,079.0 | 908.0 | 981.0 | -1,724.0 | -6,177.0 | 578.0 | 299.0 |
| Earnings from discontinued ops | | | | | | | | 86.0 |
| Net income | 1,283.0 | 1,079.0 | 908.0 | 981.0 | -1,724.0 | -6,177.0 | 578.0 | 299.0 |
| Net margin | 11.5% | 10.1% | 8.4% | 9.0% | -15.8% | -57.7% | 566.7% | 808.1% |
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| Diluted EPS | $2.35 | $1.99 | $1.68 | $1.99 | ($3.88) | ($14.50) | $1.36 | $0.71 |
| Shares outstanding (diluted) | 546.0 | 543.0 | 542.0 | 494.0 | 444.0 | 426.0 | 424.0 | 421.0 |
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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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