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 | 16,005.0 | 14,720.0 | 14,807.0 | 17,170.0 | 16,383.0 | 15,304.0 | 13,874.0 | 14,536.0 |
| Revenue growth | 8.7% | -0.6% | -13.8% | 4.8% | 7.1% | 10.3% | -4.6% | 9.1% |
| Cost of goods sold | 1,681.0 | 1,501.0 | 1,380.0 | 1,455.0 | 1,427.0 | 1,304.0 | 1,198.0 | 1,042.0 |
| Gross profit | 14,324.0 | 13,219.0 | 13,427.0 | 15,715.0 | 14,956.0 | 14,000.0 | 12,676.0 | 13,494.0 |
| Gross margin | 89.5% | 89.8% | 90.7% | 91.5% | 91.3% | 91.5% | 91.4% | 92.8% |
| Selling, general and administrative | | | | | | | 1,075.0 | |
| General and administrative | 1,569.0 | 1,443.0 | 1,358.0 | 1,471.0 | 1,349.0 | 1,105.0 | 976.0 | 942.0 |
| EBIT | 12,755.0 | 11,776.0 | 12,069.0 | 14,244.0 | 13,607.0 | 12,895.0 | 11,601.0 | -8,562.0 |
| EBIT margin | 79.7% | 80.0% | 81.5% | 83.0% | 83.1% | 84.3% | 83.6% | -58.9% |
| Pre-tax income | 3,962.0 | 5,503.0 | 1,797.0 | 4,887.0 | 3,644.0 | 3,324.0 | 3,570.0 | 3,531.0 |
| Income taxes | 946.0 | 1,282.0 | 412.0 | 1,140.0 | 854.0 | 1,389.0 | 1,319.0 | 1,317.0 |
| Tax rate | 23.9% | 23.3% | 22.9% | 23.3% | 23.4% | 41.8% | 36.9% | 37.3% |
| Net income | 2,974.0 | 4,179.0 | 1,343.0 | 3,747.0 | 2,790.0 | 1,935.0 | 2,251.0 | 2,214.0 |
| Net margin | 18.6% | 28.4% | 9.1% | 21.8% | 17.0% | 12.6% | 16.2% | 15.2% |
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| Diluted EPS | $6.15 | $7.34 | $2.27 | $5.56 | $3.74 | $2.42 | $2.71 | $2.65 |
| Shares outstanding (diluted) | 483.4 | 569.3 | 590.8 | 673.5 | 746.9 | 799.7 | 831.5 | 835.5 |
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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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