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 | 322,467.0 | 292,111.0 | 268,706.0 | 256,776.0 | 194,579.0 | 184,786.0 | 177,546.0 | 153,290.0 |
| Revenue growth | 10.4% | 8.7% | 4.6% | 32.0% | 5.3% | 4.1% | 15.8% | 10.0% |
| Cost of goods sold | 314,721.0 | 175,803.0 | 163,981.0 | 158,719.0 | 156,447.0 | 153,448.0 | 146,533.0 | 126,762.0 |
| Gross profit | 7,746.0 | 116,308.0 | 104,725.0 | 98,057.0 | 38,132.0 | 31,338.0 | 31,013.0 | 26,528.0 |
| Gross margin | 2.4% | 39.8% | 39.0% | 38.2% | 19.6% | 17.0% | 17.5% | 17.3% |
| Selling, general and administrative | 38,212.0 | | | | | 18,809.0 | 18,448.0 | 17,053.0 |
| Sales and marketing | | 37,066.0 | 35,135.0 | 33,310.0 | 21,368.0 | | | |
| EBITA | 10,279.0 | 15,883.0 | 16,252.0 | 14,423.0 | 11,176.0 | 10,536.0 | 11,181.0 | 10,086.0 |
| EBITA margin | 3.2% | 5.4% | 6.0% | 5.6% | 5.7% | 5.7% | 6.3% | 6.6% |
| Amortization of intangibles | | 2,259.0 | 2,341.0 | 2,436.0 | 1,006.0 | 817.0 | 795.0 | 611.0 |
| EBIT | 10,279.0 | 13,624.0 | 13,911.0 | 11,987.0 | 10,170.0 | 9,719.0 | 10,386.0 | 9,475.0 |
| EBIT margin | 3.2% | 4.7% | 5.2% | 4.7% | 5.2% | 5.3% | 5.8% | 6.2% |
| Pre-tax income | 5,628.0 | 10,420.0 | 9,770.0 | 8,997.0 | 1,406.0 | 8,268.0 | 8,637.0 | 8,616.0 |
| Income taxes | 1,463.0 | 2,522.0 | 2,569.0 | 2,366.0 | 2,002.0 | 1,637.0 | 3,317.0 | 3,386.0 |
| Tax rate | 26.0% | 24.2% | 26.3% | 26.3% | 142.4% | 19.8% | 38.4% | 39.3% |
| Earnings from continuing ops | 4,165.0 | 7,910.0 | 14,389.0 | 6,634.0 | -594.0 | 13,261.0 | 5,318.0 | 5,228.0 |
| Earnings from discontinued ops | | | -9.0 | | | -8.0 | -1.0 | 9.0 |
| Net income | 4,165.0 | 7,910.0 | 14,380.0 | 6,634.0 | -594.0 | 13,253.0 | 5,317.0 | 5,237.0 |
| Net margin | 1.3% | 2.7% | 5.4% | 2.6% | -0.3% | 7.2% | 3.0% | 3.4% |
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| Diluted EPS | $3.15 | $5.95 | $10.95 | $5.08 | ($0.57) | $12.95 | $4.93 | $4.64 |
| Shares outstanding (diluted) | 1,323.0 | 1,329.0 | 1,314.0 | 1,305.0 | 1,044.0 | 1,024.0 | 1,079.0 | 1,126.0 |
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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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