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 | 5,467.0 | 3,086.0 | 5,190.0 | 6,582.0 | 4,765.0 | 3,787.0 | 4,953.0 | 11,258.0 |
| Revenue growth | 77.2% | -40.5% | -21.1% | 38.1% | 25.8% | -23.5% | -56.0% | -4.5% |
| Cost of goods sold | 534.0 | 555.0 | 712.0 | 842.0 | 168.0 | 245.0 | 500.0 | 4,351.0 |
| Gross profit | 4,933.0 | 2,531.0 | 4,478.0 | 5,740.0 | 4,597.0 | 3,542.0 | 4,453.0 | 6,907.0 |
| Gross margin | 90.2% | 82.0% | 86.3% | 87.2% | 96.5% | 93.5% | 89.9% | 61.4% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 636.0 | 474.0 | 667.0 | 693.0 | 554.0 | 522.0 | 804.0 | 1,060.0 |
| EBIT | 1,621.0 | -1,197.0 | 747.0 | 1,967.0 | 371.0 | -488.0 | -1,287.0 | 2,155.0 |
| EBIT margin | 29.7% | -38.8% | 14.4% | 29.9% | 7.8% | -12.9% | -26.0% | 19.1% |
| Pre-tax income | 1,004.0 | -1,465.0 | 392.0 | 1,427.0 | -454.0 | -1,164.0 | -2,439.0 | 1,361.0 |
| Income taxes | 58.0 | -14.0 | -88.0 | 331.0 | 376.0 | 923.0 | -738.0 | 392.0 |
| Tax rate | 5.8% | 1.0% | | 23.2% | | | 30.3% | 28.8% |
| Net income | 946.0 | -1,451.0 | 480.0 | 1,096.0 | -5,723.0 | -2,140.0 | -2,204.0 | 3,046.0 |
| Net margin | 17.3% | -47.0% | 9.2% | 16.7% | -120.1% | -56.5% | -44.5% | 27.1% |
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| Diluted EPS | $1.20 | ($1.83) | $0.59 | $1.29 | ($0.98) | ($2.55) | ($2.51) | $1.42 |
| Shares outstanding (diluted) | 788.0 | 792.0 | 810.0 | 847.0 | 850.0 | 819.0 | 677.0 | 683.0 |
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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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