Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-17 | Dec-31-16 |
| Revenues | 1,008 | 1,059 | 1,388 | 2,088 | 3,169 |
| Revenue growth | -4.8% | -23.7% | | -34.1% | |
| Cost of goods sold | 1,337 | 7,301 | 1,880 | 798 | 810 |
| Gross profit | -329 | -6,242 | -492 | 1,290 | 2,359 |
| Gross margin | -32.6% | -589.4% | -35.4% | 61.8% | 74.4% |
| Selling, general and administrative | 77 | 80 | 95 | | |
| General and administrative | | | | 277 | 234 |
| EBITA | -353 | -8,095 | -183 | 387 | 1,353 |
| EBITA margin | -35.0% | -764.4% | -13.2% | 18.5% | 42.7% |
| Amortization of intangibles | | 1 | 134 | | |
| EBIT | -353 | -8,096 | -317 | 387 | 1,353 |
| EBIT margin | -35.0% | -764.5% | -22.8% | 18.5% | 42.7% |
| Pre-tax income | -587 | -4,444 | -760 | -3,036 | 44 |
| Income taxes | 5 | 4 | -40 | 66 | 199 |
| Tax rate | | | 5.3% | | 452.3% |
| Earnings from continuing ops | -1,184 | -4,448 | -720 | -2,973 | -181 |
| Earnings from discontinued ops | 5 | -215 | -502 | | |
| Net income | -1,179 | -4,663 | -1,222 | -2,973 | -181 |
| Net margin | -117.0% | -440.3% | -88.0% | -142.4% | -5.7% |
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| Diluted EPS | ($11.84) | ($44.48) | ($7.20) | ($5.89) | ($0.36) |
| Shares outstanding (diluted) | 100 | 100 | 100 | 505 | 501 |
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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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