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 | 3,374.9 | 3,408.0 | 2,936.9 | 3,074.5 | 3,345.5 | 2,786.0 | 2,748.0 | 2,740.5 |
| Revenue growth | -1.0% | 16.0% | -4.5% | -8.1% | 20.1% | 1.4% | 0.3% | -6.3% |
| Cost of goods sold | 2,035.1 | 2,120.3 | 1,930.7 | 1,942.2 | 2,156.2 | 1,770.9 | 1,758.3 | 1,786.1 |
| Gross profit | 1,339.8 | 1,287.7 | 1,006.2 | 1,132.3 | 1,189.3 | 1,015.1 | 989.7 | 954.4 |
| Gross margin | 39.7% | 37.8% | 34.3% | 36.8% | 35.5% | 36.4% | 36.0% | 34.8% |
| Selling, general and administrative | 797.5 | 775.4 | 698.1 | 678.6 | 711.9 | 605.9 | 610.6 | 566.5 |
| EBITA | 584.0 | 556.8 | 356.5 | 472.6 | 521.9 | 440.1 | 409.8 | 419.4 |
| EBITA margin | 17.3% | 16.3% | 12.1% | 15.4% | 15.6% | 15.8% | 14.9% | 15.3% |
| Amortization of intangibles | 41.7 | 44.5 | 48.4 | 37.8 | 44.5 | 30.9 | 30.7 | 31.5 |
| EBIT | 542.3 | 512.3 | 308.1 | 434.8 | 477.4 | 409.2 | 379.1 | 387.9 |
| EBIT margin | 16.1% | 15.0% | 10.5% | 14.1% | 14.3% | 14.7% | 13.8% | 14.2% |
| Pre-tax income | 563.0 | 502.8 | 224.5 | 143.9 | 411.4 | 367.5 | 164.1 | 336.5 |
| Income taxes | 161.9 | 67.4 | 43.4 | 31.3 | 75.9 | 195.0 | 40.3 | 106.5 |
| Tax rate | 28.8% | 13.4% | 19.3% | 21.8% | 18.4% | 53.1% | 24.6% | 31.6% |
| Earnings from continuing ops | 401.1 | 435.4 | 181.0 | 91.3 | 335.6 | 171.8 | 122.8 | 228.9 |
| Earnings from discontinued ops | | | | 21.0 | | | | |
| Net income | 401.1 | 435.4 | 181.0 | 112.3 | 335.6 | 171.8 | 122.8 | 228.9 |
| Net margin | 11.9% | 12.8% | 6.2% | 3.7% | 10.0% | 6.2% | 4.5% | 8.4% |
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| Diluted EPS | $7.01 | $7.35 | $3.08 | $1.51 | $5.50 | $2.84 | $2.07 | $3.89 |
| Shares outstanding (diluted) | 57.2 | 59.2 | 58.8 | 60.6 | 61.0 | 60.4 | 59.3 | 58.8 |
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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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