Financial Summary (All financials)
| In millions, except per share items | Nov-30-22 | Nov-30-21 | Nov-30-20 | Nov-30-19 | Nov-30-18 | Nov-30-17 | Nov-30-16 | Nov-30-15 |
| Revenues | 12,168 | 1,908 | 5,595 | 20,825 | 18,881 | 17,510 | 16,389 | 15,714 |
| Revenue growth | 537.7% | -65.9% | -73.1% | 10.3% | 7.8% | 6.8% | 4.3% | -1.1% |
| Cost of goods sold | 5,201 | 2,176 | 3,016 | 12,909 | 11,089 | 10,501 | 9,383 | 9,447 |
| Gross profit | 6,967 | -268 | 2,579 | 7,916 | 7,792 | 7,009 | 7,006 | 6,267 |
| Gross margin | 57.3% | -14.0% | 46.1% | 38.0% | 41.3% | 40.0% | 42.7% | 39.9% |
| Selling, general and administrative | 2,515 | 1,885 | 1,878 | 2,480 | 2,450 | 2,265 | 2,197 | 2,067 |
| EBIT | -4,379 | -6,863 | -6,769 | 3,276 | 3,325 | 2,898 | 3,071 | 2,574 |
| EBIT margin | -36.0% | -359.7% | -121.0% | 15.7% | 17.6% | 16.6% | 18.7% | 16.4% |
| Pre-tax income | -6,080 | -9,522 | -10,253 | 3,060 | 3,207 | 2,666 | 2,828 | 1,799 |
| Income taxes | -14 | -21 | -17 | -71 | -54 | 60 | 49 | 42 |
| Tax rate | 0.2% | 0.2% | 0.2% | | | 2.3% | 1.7% | 2.3% |
| Net income | -6,093 | -9,501 | -10,236 | 2,990 | 3,152 | 2,606 | 2,779 | 1,757 |
| Net margin | -50.1% | -498.0% | -182.9% | 14.4% | 16.7% | 14.9% | 17.0% | 11.2% |
| |
| Diluted EPS | ($5.16) | ($8.46) | ($13.21) | $4.32 | $4.44 | $3.59 | $3.72 | $2.26 |
| Shares outstanding (diluted) | 1,180 | 1,123 | 775 | 692 | 710 | 725 | 747 | 779 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|