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 | 14,814.0 | 12,168.0 | 9,637.0 | 9,165.0 | 8,615.0 | 7,190.0 | 6,555.5 | 6,187.6 |
| Revenue growth | 21.7% | 26.3% | 5.2% | 6.4% | 19.8% | 9.7% | 5.9% | 0.4% |
| Cost of goods sold | 4,304.8 | 3,292.3 | 2,705.2 | 2,631.0 | 2,385.2 | 1,956.0 | 1,752.6 | 1,707.3 |
| Gross profit | 10,509.2 | 8,875.7 | 6,931.8 | 6,534.0 | 6,229.8 | 5,234.0 | 4,802.8 | 4,480.4 |
| Gross margin | 70.9% | 72.9% | 71.9% | 71.3% | 72.3% | 72.8% | 73.3% | 72.4% |
| Selling, general and administrative | | | | | | | | |
| General and administrative | 533.5 | 360.7 | 314.6 | 349.2 | 292.7 | 249.5 | 165.5 | 189.3 |
| EBITA | 1,349.8 | 1,059.8 | 726.9 | 746.2 | 689.6 | 628.0 | 722.0 | 716.7 |
| EBITA margin | 9.1% | 8.7% | 7.5% | 8.1% | 8.0% | 8.7% | 11.0% | 11.6% |
| Amortization of intangibles | 18.2 | 14.3 | 13.8 | 12.4 | 8.6 | 4.2 | 1.0 | 1.0 |
| EBIT | 1,331.6 | 1,045.5 | 713.1 | 733.8 | 681.0 | 623.8 | 721.0 | 715.7 |
| EBIT margin | 9.0% | 8.6% | 7.4% | 8.0% | 7.9% | 8.7% | 11.0% | 11.6% |
| Pre-tax income | 1,281.4 | 999.8 | 666.0 | 680.9 | 640.8 | 595.2 | 695.8 | 690.2 |
| Income taxes | 312.0 | 239.0 | 160.0 | 164.6 | 151.2 | -91.0 | 263.7 | 263.0 |
| Tax rate | 24.4% | 23.9% | 24.0% | 24.2% | 23.6% | | 37.9% | 38.1% |
| Net income | 969.4 | 760.8 | 506.0 | 516.3 | 489.6 | 686.3 | 432.1 | 427.2 |
| Net margin | 6.5% | 6.3% | 5.3% | 5.6% | 5.7% | 9.5% | 6.6% | 6.9% |
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| Diluted EPS | $9.21 | $7.14 | $4.74 | $4.77 | $4.43 | $6.18 | $3.81 | $3.66 |
| Shares outstanding (diluted) | 105.3 | 106.6 | 106.8 | 108.3 | 110.4 | 111.0 | 113.4 | 116.7 |
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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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