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 | 13,764.2 | 11,742.9 | 10,113.6 | 10,878.7 | 11,009.5 | 11,074.5 | 10,845.6 | 15,022.3 |
| Revenue growth | 17.2% | 16.1% | -7.0% | -1.2% | -0.6% | 2.1% | -27.8% | -5.0% |
| Cost of goods sold | 733.5 | 660.3 | 652.8 | 643.7 | 642.0 | 617.6 | 592.5 | 3,355.0 |
| Gross profit | 13,030.7 | 11,082.6 | 9,460.8 | 10,234.9 | 10,367.5 | 10,456.9 | 10,253.1 | 11,667.3 |
| Gross margin | 94.7% | 94.4% | 93.5% | 94.1% | 94.2% | 94.4% | 94.5% | 77.7% |
| Selling, general and administrative | 1,597.6 | 1,947.9 | 1,639.7 | 1,770.0 | 1,901.8 | 1,928.4 | 4,182.8 | |
| General and administrative | | | | | | | | 619.4 |
| EBIT | 1,887.3 | 2,109.3 | 1,795.8 | 1,680.5 | 1,001.7 | 1,898.8 | 2,020.4 | -299.2 |
| EBIT margin | 13.7% | 18.0% | 17.8% | 15.4% | 9.1% | 17.1% | 18.6% | -2.0% |
| Pre-tax income | 1,058.2 | 1,310.1 | 1,285.1 | 1,088.4 | -174.3 | 967.9 | -1,381.8 | -799.7 |
| Income taxes | -39.0 | 191.4 | -121.5 | -169.8 | -1,036.8 | 542.6 | -817.3 | -642.9 |
| Tax rate | | 14.6% | | | 595.0% | 56.1% | 59.1% | 80.4% |
| Net income | 1,103.2 | 1,118.5 | 1,388.3 | 1,241.2 | 848.7 | 411.6 | -583.6 | -156.7 |
| Net margin | 8.0% | 9.5% | 13.7% | 11.4% | 7.7% | 3.7% | -5.4% | -1.0% |
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| Diluted EPS | $5.37 | $5.54 | $6.90 | $6.30 | $4.63 | $2.28 | ($3.26) | ($0.87) |
| Shares outstanding (diluted) | 205.5 | 201.9 | 201.1 | 197.0 | 183.4 | 180.5 | 178.9 | 179.2 |
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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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