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 | 1,731.2 | 1,503.7 | 431.8 | 1,398.2 | 1,372.3 | 1,263.3 | 1,344.3 | 1,371.0 |
| Revenue growth | 15.1% | 248.3% | -69.1% | 1.9% | 8.6% | -6.0% | -1.9% | -0.5% |
| Cost of goods sold | 1,223.7 | 1,071.8 | 673.4 | 649.7 | 706.0 | 702.1 | 736.8 | 708.7 |
| Gross profit | 507.5 | 432.0 | -241.7 | 748.6 | 666.3 | 561.2 | 607.5 | 662.3 |
| Gross margin | 29.3% | 28.7% | -56.0% | 53.5% | 48.6% | 44.4% | 45.2% | 48.3% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 261.7 | 229.7 | 228.8 | 238.6 | 214.1 |
| EBITA | 507.5 | 197.5 | -241.7 | 213.2 | 151.7 | 72.6 | 59.6 | 166.5 |
| EBITA margin | 29.3% | 13.1% | -56.0% | 15.2% | 11.1% | 5.7% | 4.4% | 12.1% |
| Amortization of intangibles | | | | | | 4.6 | 0.0 | 4.8 |
| EBIT | 507.5 | 197.5 | -241.7 | 213.2 | 151.7 | 68.0 | 59.6 | 161.7 |
| EBIT margin | 29.3% | 13.1% | -56.0% | 15.2% | 11.1% | 5.4% | 4.4% | 11.8% |
| Pre-tax income | 390.1 | 256.3 | -342.8 | 129.0 | 62.7 | -287.4 | -3.2 | 72.8 |
| Income taxes | 98.9 | -0.2 | -30.5 | 39.5 | 17.9 | -85.0 | 9.3 | 23.7 |
| Tax rate | 25.3% | | 8.9% | 30.6% | 28.6% | 29.6% | | 32.5% |
| Net income | 291.2 | 256.5 | -312.3 | 89.5 | 44.8 | -202.4 | -12.5 | 49.1 |
| Net margin | 16.8% | 17.1% | -72.3% | 6.4% | 3.3% | -16.0% | -0.9% | 3.6% |
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| Diluted EPS | $4.14 | $3.22 | ($3.99) | $1.10 | $0.52 | ($2.36) | ($0.15) | $0.57 |
| Shares outstanding (diluted) | 70.3 | 79.6 | 78.2 | 81.0 | 86.9 | 85.8 | 84.9 | 86.0 |
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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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