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 | 4,502.0 | 3,867.0 | 3,779.0 | 3,357.0 | 1,985.0 | 2,095.0 | 761.0 | 1,562.0 |
| Revenue growth | 16.4% | 2.3% | 12.6% | 69.1% | -5.3% | 175.3% | -51.3% | 54.0% |
| Cost of goods sold | 839.0 | 756.0 | 808.0 | 917.0 | 777.0 | 788.0 | 485.0 | 360.0 |
| Gross profit | 3,663.0 | 3,111.0 | 2,971.0 | 2,440.0 | 1,208.0 | 1,307.0 | 276.0 | 1,202.0 |
| Gross margin | 81.4% | 80.4% | 78.6% | 72.7% | 60.9% | 62.4% | 36.3% | 77.0% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 18.0 | 0.0 | 108.0 | 62.0 | 0.0 |
| EBITA | 1,708.0 | 939.0 | 1,042.0 | 619.0 | 410.0 | 448.0 | -200.0 | 760.0 |
| EBITA margin | 37.9% | 24.3% | 27.6% | 18.4% | 20.7% | 21.4% | -26.3% | 48.7% |
| Amortization of intangibles | 32.0 | 37.0 | 39.0 | 43.0 | 52.0 | 70.0 | 16.0 | 4.0 |
| EBIT | 1,676.0 | 902.0 | 1,003.0 | 576.0 | 358.0 | 378.0 | -216.0 | 756.0 |
| EBIT margin | 37.2% | 23.3% | 26.5% | 17.2% | 18.0% | 18.0% | -28.4% | 48.4% |
| Pre-tax income | 1,741.0 | 977.0 | 1,098.0 | 624.0 | 431.0 | 356.0 | -226.0 | 861.0 |
| Income taxes | 427.0 | 247.0 | 243.0 | 177.0 | 248.0 | 113.0 | -133.0 | 272.0 |
| Tax rate | 24.5% | 25.3% | 22.1% | 28.4% | 57.5% | 31.7% | 58.8% | 31.6% |
| Net income | 1,314.0 | 730.0 | 855.0 | 447.0 | 183.0 | 215.0 | -220.0 | 463.0 |
| Net margin | 29.2% | 18.9% | 22.6% | 13.3% | 9.2% | 10.3% | -28.9% | 29.6% |
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| Diluted EPS | $9.88 | $5.41 | $6.27 | $3.29 | $1.35 | $1.59 | ($1.72) | $4.02 |
| Shares outstanding (diluted) | 133.1 | 134.9 | 136.3 | 136.0 | 135.7 | 135.1 | 127.9 | 115.3 |
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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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