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 | 1,772.1 | 1,463.9 | 1,236.3 | 1,782.2 | 1,606.2 | 1,520.5 | 1,513.9 | 1,513.8 |
| Revenue growth | 21.1% | 18.4% | -30.6% | 11.0% | 5.6% | 0.4% | 0.0% | 11.8% |
| Cost of goods sold | 911.4 | 784.0 | 710.8 | 958.6 | 859.9 | 835.2 | 818.1 | 833.1 |
| Gross profit | 860.7 | 679.9 | 525.5 | 823.6 | 746.3 | 685.3 | 695.8 | 680.7 |
| Gross margin | 48.6% | 46.4% | 42.5% | 46.2% | 46.5% | 45.1% | 46.0% | 45.0% |
| Selling, general and administrative | 422.1 | 368.2 | 315.1 | 371.7 | 330.2 | 261.7 | 264.8 | 258.3 |
| EBITA | 363.8 | 231.2 | 126.5 | 370.3 | 334.3 | 338.7 | 327.4 | 313.5 |
| EBITA margin | 20.5% | 15.8% | 10.2% | 20.8% | 20.8% | 22.3% | 21.6% | 20.7% |
| Amortization of intangibles | 73.3 | 66.0 | 61.3 | 59.0 | 55.9 | 100.1 | 115.3 | 115.4 |
| EBIT | 290.5 | 165.2 | 65.2 | 311.3 | 278.4 | 238.6 | 212.1 | 198.1 |
| EBIT margin | 16.4% | 11.3% | 5.3% | 17.5% | 17.3% | 15.7% | 14.0% | 13.1% |
| Pre-tax income | 157.3 | 31.6 | -58.5 | 145.8 | 108.7 | 125.1 | 91.0 | -28.8 |
| Income taxes | 9.4 | -3.4 | 1.1 | 10.9 | 4.9 | 4.1 | 5.4 | 5.4 |
| Tax rate | 6.0% | | | 7.5% | 4.5% | 3.3% | 5.9% | |
| Net income | 147.9 | 35.6 | -61.0 | 140.1 | 107.9 | 125.8 | 90.9 | -29.4 |
| Net margin | 8.3% | 2.4% | -4.9% | 7.9% | 6.7% | 8.3% | 6.0% | -1.9% |
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| Diluted EPS | $161.10 | $0.24 | ($0.42) | $0.98 | $0.77 | $0.91 | $0.66 | ($0.21) |
| Shares outstanding (diluted) | 0.9 | 146.1 | 144.3 | 143.2 | 139.6 | 138.9 | 138.4 | 137.3 |
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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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