Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 3,077.6 | 2,815.0 | 3,060.3 | 2,971.9 | 2,971.9 | 2,805.7 | 2,755.7 | 2,580.9 |
| Revenue growth | 9.3% | -8.0% | 3.0% | 5.9% | | 1.8% | 6.8% | 18.6% |
| Cost of goods sold | 1,432.1 | 1,401.6 | 1,507.0 | 1,445.9 | 1,445.9 | 1,341.1 | 1,280.0 | 1,137.1 |
| Gross profit | 1,645.5 | 1,413.4 | 1,553.3 | 1,526.0 | 1,526.0 | 1,464.6 | 1,475.7 | 1,443.8 |
| Gross margin | 53.5% | 50.2% | 50.8% | 51.3% | 51.3% | 52.2% | 53.6% | 55.9% |
| Selling, general and administrative | 914.2 | 722.7 | 679.4 | 658.8 | 657.5 | 620.8 | 651.1 | 667.1 |
| General and administrative | 22.5 | 13.9 | | 1.3 | | 7.5 | | |
| EBITA | 699.0 | 642.1 | 819.0 | 820.2 | 777.2 | 803.7 | 793.5 | 766.2 |
| EBITA margin | 22.7% | 22.8% | 26.8% | 27.6% | 26.2% | 28.6% | 28.8% | 29.7% |
| Amortization of intangibles | 39.1 | 42.2 | 46.2 | 43.0 | | 47.1 | 38.6 | 42.0 |
| EBIT | 659.9 | 599.9 | 772.8 | 777.2 | 777.2 | 756.6 | 754.9 | 724.2 |
| EBIT margin | 21.4% | 21.3% | 25.3% | 26.2% | 26.2% | 27.0% | 27.4% | 28.1% |
| Pre-tax income | 374.2 | 402.4 | 486.2 | 620.3 | 620.3 | 640.4 | 454.8 | 582.8 |
| Income taxes | 94.4 | 145.4 | 78.5 | 156.3 | 156.3 | 150.7 | 164.9 | 201.1 |
| Tax rate | 25.2% | 36.1% | 16.1% | 25.2% | 25.2% | 23.5% | 36.2% | 34.5% |
| Net income | 250.6 | 240.0 | 380.5 | 446.2 | 464.0 | 471.3 | 270.5 | 366.8 |
| Net margin | 8.1% | 8.5% | 12.4% | 15.0% | 15.6% | 16.8% | 9.8% | 14.2% |
| |
| Diluted EPS | $5.77 | $4.64 | $6.67 | $7.57 | $7.57 | $7.18 | $3.74 | $5.01 |
| Shares outstanding (diluted) | 43.4 | 51.7 | 57.0 | 58.9 | 61.3 | 65.6 | 72.4 | 73.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|