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 | 4,549.1 | 4,030.8 | 3,211.1 | 2,739.2 | 2,677.7 | 2,156.5 | 1,839.6 | 1,822.7 |
| Revenue growth | 12.9% | 25.5% | 17.2% | 2.3% | 24.2% | 17.2% | 0.9% | 1.3% |
| Cost of goods sold | 1,346.6 | 1,176.2 | 989.9 | 1,151.4 | 857.5 | 715.3 | 502.8 | 781.8 |
| Gross profit | 3,202.5 | 2,854.6 | 2,221.2 | 1,587.8 | 1,820.2 | 1,441.1 | 1,336.9 | 1,040.9 |
| Gross margin | 70.4% | 70.8% | 69.2% | 58.0% | 68.0% | 66.8% | 72.7% | 57.1% |
| Selling, general and administrative | | | | | | | | 253.0 |
| General and administrative | 211.9 | 163.0 | 154.8 | 189.2 | 166.5 | 144.7 | 127.7 | |
| EBITA | 588.6 | 783.9 | 577.1 | 193.1 | 303.8 | 256.1 | 210.3 | 151.3 |
| EBITA margin | 12.9% | 19.4% | 18.0% | 7.0% | 11.3% | 11.9% | 11.4% | 8.3% |
| Amortization of intangibles | 6.0 | 6.0 | 6.0 | 6.2 | 8.8 | 9.5 | 9.8 | 8.9 |
| EBIT | 582.6 | 777.9 | 571.1 | 186.9 | 295.0 | 246.6 | 200.5 | 142.4 |
| EBIT margin | 12.8% | 19.3% | 17.8% | 6.8% | 11.0% | 11.4% | 10.9% | 7.8% |
| Pre-tax income | 461.6 | 647.4 | 496.7 | -472.8 | 309.4 | 143.4 | 89.4 | -17.2 |
| Income taxes | 105.8 | 154.1 | 136.5 | -179.6 | 38.7 | -81.0 | 46.8 | -24.5 |
| Tax rate | 22.9% | 23.8% | 27.5% | 38.0% | 12.5% | | 52.3% | 142.3% |
| Net income | 355.9 | 493.3 | 360.3 | -293.1 | 270.6 | 223.5 | 41.5 | 7.3 |
| Net margin | 7.8% | 12.2% | 11.2% | -10.7% | 10.1% | 10.4% | 2.3% | 0.4% |
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| Diluted EPS | $10.41 | $16.15 | $13.50 | ($11.35) | $9.57 | $8.68 | $1.70 | $0.29 |
| Shares outstanding (diluted) | 34.2 | 30.5 | 26.7 | 25.8 | 28.3 | 25.9 | 25.1 | 25.0 |
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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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