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 | 11,186.0 | 6,538.0 | 4,124.0 | 4,590.0 | 4,429.0 | 4,130.0 | 3,685.0 | 4,308.0 |
| Revenue growth | 71.1% | 58.5% | -10.2% | 3.6% | 7.2% | 12.1% | -14.5% | -9.2% |
| Cost of goods sold | 5,325.0 | 4,151.0 | 3,323.0 | 3,416.0 | 3,512.0 | 3,696.0 | 2,842.0 | 2,761.0 |
| Gross profit | 5,861.0 | 2,387.0 | 801.0 | 1,174.0 | 917.0 | 434.0 | 843.0 | 1,547.0 |
| Gross margin | 52.4% | 36.5% | 19.4% | 25.6% | 20.7% | 10.5% | 22.9% | 35.9% |
| Selling, general and administrative | 290.0 | 223.0 | 206.0 | 239.0 | 214.0 | 191.0 | 173.0 | 170.0 |
| EBITA | 5,658.0 | 2,535.0 | 623.0 | 1,003.0 | 773.0 | 243.0 | 324.0 | 1,332.0 |
| EBITA margin | 50.6% | 38.8% | 15.1% | 21.9% | 17.5% | 5.9% | 8.8% | 30.9% |
| Amortization of intangibles | 3.0 | | | | 7.0 | 9.0 | 7.0 | 10.0 |
| EBIT | 5,655.0 | 2,535.0 | 623.0 | 1,003.0 | 766.0 | 234.0 | 317.0 | 1,322.0 |
| EBIT margin | 50.6% | 38.8% | 15.1% | 21.9% | 17.3% | 5.7% | 8.6% | 30.7% |
| Pre-tax income | 5,095.0 | 1,543.0 | 463.0 | 772.0 | 547.0 | -125.0 | -226.0 | 1,058.0 |
| Income taxes | 1,158.0 | 283.0 | 31.0 | 126.0 | 119.0 | -575.0 | -68.0 | 396.0 |
| Tax rate | 22.7% | 18.3% | 6.7% | 16.3% | 21.8% | 460.0% | 30.1% | 37.4% |
| Net income | 3,346.0 | 917.0 | 317.0 | 493.0 | 290.0 | 358.0 | -277.0 | 700.0 |
| Net margin | 29.9% | 14.0% | 7.7% | 10.7% | 6.5% | 8.7% | -7.5% | 16.2% |
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| Diluted EPS | $16.39 | $4.24 | $1.47 | $2.22 | $1.24 | $1.53 | ($1.19) | $2.96 |
| Shares outstanding (diluted) | 204.2 | 216.2 | 215.2 | 221.6 | 233.8 | 233.9 | 233.1 | 236.1 |
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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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