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 | 20,246 | 10,648 | 7,302 | 9,298 | 10,233 | 7,267 | 4,198 | 4,782 |
| Revenue growth | 90.1% | 45.8% | -21.5% | -9.1% | 40.8% | 73.1% | -12.2% | |
| Cost of goods sold | 39,608 | 21,513 | 15,843 | 8,408 | 9,260 | 6,835 | 4,166 | 4,507 |
| Gross profit | -19,362 | -10,864 | -8,541 | 890 | 973 | 432 | 32 | 275 |
| Gross margin | -95.6% | -102.0% | -117.0% | 9.6% | 9.5% | 5.9% | 0.8% | 5.7% |
| Selling, general and administrative | 349 | 213 | 235 | 275 | 248 | 176 | 106 | 101 |
| EBIT | 432 | -53 | -693 | 527 | 649 | 193 | -135 | 71 |
| EBIT margin | 2.1% | -0.5% | -9.5% | 5.7% | 6.3% | 2.7% | -3.2% | 1.5% |
| Pre-tax income | 354 | -137 | -767 | 403 | 486 | 299 | -391 | 21 |
| Income taxes | 64 | -42 | -194 | 72 | 102 | -29 | -172 | -16 |
| Tax rate | 18.0% | 30.6% | 25.2% | 17.8% | 21.0% | | 43.8% | |
| Earnings from continuing ops | 257 | -128 | -611 | 305 | 732 | 623 | -460 | 13 |
| Earnings from discontinued ops | | | | 5 | -9 | -6 | 86 | 7 |
| Net income | 257 | -128 | -611 | 311 | 724 | 617 | -373 | 19 |
| Net margin | 1.3% | -1.2% | -8.4% | 3.3% | 7.1% | 8.5% | -8.9% | 0.4% |
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| Diluted EPS | $3.59 | ($1.73) | ($8.31) | $3.99 | $8.44 | $8.62 | ($7.42) | $0.21 |
| Shares outstanding (diluted) | 72 | 74 | 74 | 77 | 87 | 72 | 62 | 61 |
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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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