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 | 46,576.0 | 41,472.0 | 44,015.0 | 48,736.0 | 23,031.0 | 19,896.0 | 17,489.0 | 18,467.0 |
| Revenue growth | 12.3% | -5.8% | -9.7% | 111.6% | 15.8% | 13.8% | -5.3% | 8.1% |
| Cost of goods sold | 6,088.0 | 5,413.0 | 5,624.0 | 5,926.0 | 5,739.0 | 5,382.0 | 4,416.0 | 4,354.0 |
| Gross profit | 40,488.0 | 36,059.0 | 38,391.0 | 42,810.0 | 17,292.0 | 14,514.0 | 13,073.0 | 14,113.0 |
| Gross margin | 86.9% | 86.9% | 87.2% | 87.8% | 75.1% | 72.9% | 74.7% | 76.4% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 1,290.0 | 1,234.0 | 1,230.0 | 1,315.0 | 1,250.0 | 1,113.0 | 997.0 | 981.0 |
| EBIT | 3,512.0 | 4,820.0 | 5,167.0 | 4,258.0 | 2,441.0 | 4,548.0 | 4,282.0 | 3,642.0 |
| EBIT margin | 7.5% | 11.6% | 11.7% | 8.7% | 10.6% | 22.9% | 24.5% | 19.7% |
| Pre-tax income | 2,576.0 | 3,496.0 | 6,542.0 | 2,749.0 | 1,068.0 | 3,480.0 | 3,629.0 | 3,008.0 |
| Income taxes | 267.0 | 393.0 | 1,798.0 | 449.0 | 142.0 | 951.0 | 1,194.0 | 977.0 |
| Tax rate | 10.4% | 11.2% | 27.5% | 16.3% | 13.3% | 27.3% | 32.9% | 32.5% |
| Net income | 2,393.0 | 3,119.0 | 4,739.0 | 2,226.0 | 842.0 | 2,448.0 | 2,367.0 | 1,963.0 |
| Net margin | 5.1% | 7.5% | 10.8% | 4.6% | 3.7% | 12.3% | 13.5% | 10.6% |
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| Diluted EPS | $2.24 | $2.93 | $4.50 | $2.17 | $0.84 | $2.56 | $2.59 | $2.18 |
| Shares outstanding (diluted) | 1,068.0 | 1,065.0 | 1,054.0 | 1,025.0 | 1,008.0 | 958.0 | 914.0 | 901.0 |
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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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