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 | 14,838.0 | 10,165.0 | 10,168.0 | 10,530.0 | 9,799.0 | 9,071.0 | 8,023.2 | 8,305.1 |
| Revenue growth | 46.0% | 0.0% | -3.4% | 7.5% | 8.0% | 13.1% | -3.4% | 11.7% |
| Cost of goods sold | 11,983.0 | 8,255.0 | 8,067.0 | 8,300.0 | 7,684.0 | 7,142.3 | 6,320.1 | 6,548.7 |
| Gross profit | 2,855.0 | 1,910.0 | 2,101.0 | 2,230.0 | 2,115.0 | 1,928.7 | 1,703.1 | 1,756.4 |
| Gross margin | 19.2% | 18.8% | 20.7% | 21.2% | 21.6% | 21.3% | 21.2% | 21.1% |
| Selling, general and administrative | 1,460.0 | 951.0 | 873.0 | 946.0 | 899.0 | 818.0 | 662.0 | 698.9 |
| EBITA | 1,450.0 | 928.0 | 1,623.0 | 1,279.0 | 1,163.0 | 1,056.5 | 947.5 | 1,038.2 |
| EBITA margin | 9.8% | 9.1% | 16.0% | 12.1% | 11.9% | 11.6% | 11.8% | 12.5% |
| Amortization of intangibles | 88.0 | 89.0 | 39.0 | 40.0 | 40.0 | 40.4 | 19.2 | 27.2 |
| EBIT | 1,362.0 | 839.0 | 1,584.0 | 1,239.0 | 1,123.0 | 1,016.1 | 928.3 | 1,011.0 |
| EBIT margin | 9.2% | 8.3% | 15.6% | 11.8% | 11.5% | 11.2% | 11.6% | 12.2% |
| Pre-tax income | 789.0 | 964.0 | 1,265.0 | 1,196.0 | 1,063.0 | 942.7 | 875.4 | 980.1 |
| Income taxes | 150.0 | 397.0 | 468.0 | 211.0 | 580.0 | 306.0 | 261.5 | 292.6 |
| Tax rate | 19.0% | 41.2% | 37.0% | 17.6% | 54.6% | 32.5% | 29.9% | 29.9% |
| Net income | 537.0 | 500.0 | 746.0 | 931.0 | 440.0 | 595.0 | 577.2 | 655.8 |
| Net margin | 3.6% | 4.9% | 7.3% | 8.8% | 4.5% | 6.6% | 7.2% | 7.9% |
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| Diluted EPS | $2.24 | $2.34 | $3.61 | $4.44 | $2.08 | $2.76 | $2.56 | $2.86 |
| Shares outstanding (diluted) | 239.5 | 214.0 | 206.8 | 209.5 | 211.5 | 215.3 | 225.6 | 228.9 |
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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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