Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-17 |
| Revenues | 1,694.5 | 1,078.4 | 541.3 | 942.2 | 403.2 |
| Revenue growth | 57.1% | 99.2% | -42.5% | | |
| Cost of goods sold | 293.5 | 152.8 | 1,516.1 | 154.7 | 27.5 |
| Gross profit | 1,401.0 | 925.5 | -974.8 | 787.4 | 375.7 |
| Gross margin | 82.7% | 85.8% | -180.1% | 83.6% | 93.2% |
| General and administrative | 72.4 | 131.1 | 100.2 | 123.2 | 38.8 |
| EBITA | 1,073.8 | 611.9 | -1,913.3 | 141.6 | 190.1 |
| EBITA margin | 63.4% | 56.7% | -353.5% | 15.0% | 47.2% |
| Amortization of intangibles | | 9.3 | 14.5 | 14.5 | |
| EBIT | 1,073.8 | 602.6 | -1,927.8 | 127.1 | 190.1 |
| EBIT margin | 63.4% | 55.9% | -356.1% | 13.5% | 47.2% |
| Pre-tax income | 1,056.9 | 568.6 | -1,948.3 | 99.8 | 181.6 |
| Income taxes | 65.7 | 8.9 | -79.3 | 14.8 | 2.7 |
| Tax rate | 6.2% | 1.6% | 4.1% | 14.8% | 1.5% |
| Net income | 0.0 | 417.3 | -1,208.4 | 50.2 | 178.9 |
| Net margin | 0.0% | 38.7% | -223.2% | 5.3% | 44.4% |
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| Diluted EPS | $0.00 | $2.38 | ($7.27) | $0.30 | |
| Shares outstanding (diluted) | 187.4 | 175.4 | 166.3 | 167.0 | |
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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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