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 | 11,991.0 | 12,013.8 | 13,162.1 | 11,998.9 | 11,598.5 | 11,286.8 | 11,046.5 | 10,731.3 |
| Revenue growth | -0.2% | -8.7% | 9.7% | 3.5% | 2.8% | 2.2% | 2.9% | 2.0% |
| Cost of goods sold | 7,163.5 | 7,928.9 | 9,191.0 | 7,652.2 | 8,085.2 | 7,114.7 | 7,008.4 | 6,848.2 |
| Gross profit | 4,827.5 | 4,084.9 | 3,971.1 | 4,346.7 | 3,513.3 | 4,172.1 | 4,038.1 | 3,883.1 |
| Gross margin | 40.3% | 34.0% | 30.2% | 36.2% | 30.3% | 37.0% | 36.6% | 36.2% |
| Selling, general and administrative | | | | | | | | 1,831.4 |
| Sales and marketing | 1,086.4 | 1,038.1 | 1,057.3 | 1,122.7 | 1,108.4 | 1,060.8 | 1,026.7 | 996.3 |
| General and administrative | 1,089.5 | 975.2 | 953.2 | 898.3 | 885.9 | 852.3 | 839.1 | |
| EBIT | 1,819.9 | 1,248.0 | 1,152.2 | 1,559.5 | 795.1 | 1,563.9 | 1,513.7 | 1,602.6 |
| EBIT margin | 15.2% | 10.4% | 8.8% | 13.0% | 6.9% | 13.9% | 13.7% | 14.9% |
| Pre-tax income | 1,631.4 | 1,063.0 | 964.0 | 1,382.1 | 627.8 | 1,404.0 | 1,347.7 | 1,238.3 |
| Income taxes | 317.2 | 238.8 | 171.0 | 281.8 | 104.4 | 409.8 | 416.3 | 371.2 |
| Tax rate | 19.4% | 22.5% | 17.7% | 20.4% | 16.6% | 29.2% | 30.9% | 30.0% |
| Net income | 1,314.2 | 824.2 | 793.0 | 1,100.3 | 523.4 | 994.2 | 931.4 | 867.1 |
| Net margin | 11.0% | 6.9% | 6.0% | 9.2% | 4.5% | 8.8% | 8.4% | 8.1% |
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| Diluted EPS | $6.50 | $4.02 | $3.89 | $5.24 | $2.38 | $4.37 | $3.95 | $3.50 |
| Shares outstanding (diluted) | 202.1 | 204.8 | 203.8 | 209.9 | 220.1 | 227.3 | 236.0 | 247.9 |
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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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