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 | 9,158.0 | 6,037.0 | 2,957.0 | 8,094.0 | 7,658.0 | 7,012.0 | 6,584.0 | 12,832.0 |
| Revenue growth | 51.7% | 104.2% | -63.5% | 5.7% | 9.2% | 6.5% | -48.7% | 10.3% |
| Cost of goods sold | 7,101.0 | 5,147.0 | 3,547.0 | 6,465.0 | 6,194.0 | 5,344.0 | 4,668.0 | 4,591.0 |
| Gross profit | 2,057.0 | 890.0 | -590.0 | 1,629.0 | 1,464.0 | 1,668.0 | 1,916.0 | 8,241.0 |
| Gross margin | 22.5% | 14.7% | -20.0% | 20.1% | 19.1% | 23.8% | 29.1% | 64.2% |
| Sales and marketing | 289.0 | 183.0 | 110.0 | 290.0 | 294.0 | 271.0 | 263.0 | 264.0 |
| EBITA | -411.0 | 753.0 | -1,431.0 | 786.0 | -169.0 | 1,014.0 | 1,316.0 | 1,273.0 |
| EBITA margin | -4.5% | 12.5% | -48.4% | 9.7% | -2.2% | 14.5% | 20.0% | 9.9% |
| Amortization of intangibles | | | | | | 41.0 | 56.0 | 57.0 |
| EBIT | -411.0 | 753.0 | -1,431.0 | 786.0 | -169.0 | 973.0 | 1,260.0 | 1,216.0 |
| EBIT margin | -4.5% | 12.5% | -48.4% | 9.7% | -2.2% | 13.9% | 19.1% | 9.5% |
| Pre-tax income | -437.0 | -263.0 | -1,893.0 | 768.0 | 219.0 | 918.0 | 1,164.0 | 1,097.0 |
| Income taxes | -75.0 | -81.0 | -539.0 | 199.0 | 30.0 | -222.0 | 437.0 | 420.0 |
| Tax rate | 17.2% | 30.8% | 28.5% | 25.9% | 13.7% | | 37.5% | 38.3% |
| Net income | -362.0 | -182.0 | -1,354.0 | 569.0 | 189.0 | 1,140.0 | 727.0 | 677.0 |
| Net margin | -4.0% | -3.0% | -45.8% | 7.0% | 2.5% | 16.3% | 11.0% | 5.3% |
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| Diluted EPS | ($1.12) | ($0.57) | ($4.88) | $1.91 | $0.60 | $3.45 | $2.12 | $1.96 |
| Shares outstanding (diluted) | 323.6 | 318.0 | 277.5 | 298.4 | 314.5 | 330.4 | 342.2 | 344.8 |
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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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