Financial Summary (All financials)
| In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| Revenues | 4,052.0 | 4,407.0 | 4,227.0 | 4,380.0 | 4,951.0 | 4,495.0 | 4,176.0 | 4,409.0 |
| Revenue growth | -8.1% | 4.3% | -3.5% | -11.5% | 10.1% | 7.6% | -5.3% | -4.2% |
| Cost of goods sold | 1,963.0 | 1,884.0 | 1,795.0 | 2,002.0 | 728.0 | 708.0 | 690.0 | 658.0 |
| Gross profit | 2,089.0 | 2,523.0 | 2,432.0 | 2,378.0 | 4,223.0 | 3,787.0 | 3,486.0 | 3,751.0 |
| Gross margin | 51.6% | 57.2% | 57.5% | 54.3% | 85.3% | 84.2% | 83.5% | 85.1% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 3,216.0 | 2,877.0 | 2,627.0 | 2,938.0 |
| EBIT | -729.0 | 85.0 | 1,167.0 | 1,308.0 | 1,007.0 | 910.0 | 859.0 | 813.0 |
| EBIT margin | -18.0% | 1.9% | 27.6% | 29.9% | 20.3% | 20.2% | 20.6% | 18.4% |
| Pre-tax income | -940.0 | -231.0 | 866.0 | 1,139.0 | 786.0 | 694.0 | 602.0 | 555.0 |
| Income taxes | -412.0 | -112.0 | 271.0 | 393.0 | 248.0 | 223.0 | 182.0 | 168.0 |
| Tax rate | 43.8% | 48.5% | 31.3% | 34.5% | 31.6% | 32.1% | 30.2% | 30.3% |
| Net income | -528.0 | -119.0 | 595.0 | 746.0 | 538.0 | 471.0 | 420.0 | 387.0 |
| Net margin | -13.0% | -2.7% | 14.1% | 17.0% | 10.9% | 10.5% | 10.1% | 8.8% |
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| Diluted EPS | ($3.69) | ($0.83) | $4.16 | $5.22 | $3.79 | $3.39 | $3.15 | $2.97 |
| Shares outstanding (diluted) | 143.0 | 143.0 | 143.0 | 143.0 | 141.9 | 139.1 | 133.3 | 130.2 |
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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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