Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 5,190.1 | 4,895.8 | 4,357.7 | 4,145.9 | 3,776.2 | 3,493.1 | 3,394.8 | 3,297.6 |
| Revenue growth | 6.0% | 12.3% | 5.1% | 9.8% | 8.1% | 2.9% | 2.9% | 3.2% |
| Cost of goods sold | 2,926.6 | 2,681.6 | 2,373.7 | 2,305.1 | 2,046.6 | 1,902.5 | 1,883.0 | 1,844.7 |
| Gross profit | 2,263.5 | 2,214.2 | 1,984.0 | 1,840.8 | 1,729.6 | 1,590.6 | 1,511.8 | 1,452.9 |
| Gross margin | 43.6% | 45.2% | 45.5% | 44.4% | 45.8% | 45.5% | 44.5% | 44.1% |
| Selling, general and administrative | 1,184.4 | 1,184.5 | 1,143.8 | 1,049.1 | 996.9 | 866.4 | 837.6 | |
| Sales and marketing | 577.7 | 591.2 | 515.0 | 483.2 | 454.2 | 427.2 | 417.5 | 416.9 |
| General and administrative | | | | | | | | 394.8 |
| EBITA | 1,208.8 | 1,136.3 | 937.2 | 872.1 | 804.5 | 779.4 | 708.3 | 684.5 |
| EBITA margin | 23.3% | 23.2% | 21.5% | 21.0% | 21.3% | 22.3% | 20.9% | 20.8% |
| Amortization of intangibles | 120.3 | 99.9 | 90.4 | 71.2 | 61.0 | 46.0 | 39.9 | 31.7 |
| EBIT | 1,088.5 | 1,036.4 | 846.8 | 800.9 | 743.5 | 733.4 | 668.4 | 652.8 |
| EBIT margin | 21.0% | 21.2% | 19.4% | 19.3% | 19.7% | 21.0% | 19.7% | 19.8% |
| Pre-tax income | 1,031.7 | 973.8 | 773.7 | 719.5 | 692.7 | 705.9 | 635.4 | 624.9 |
| Income taxes | 204.2 | 187.9 | 157.8 | 150.9 | -50.7 | 246.9 | 225.0 | 211.0 |
| Tax rate | 19.8% | 19.3% | 20.4% | 21.0% | | 35.0% | 35.4% | 33.8% |
| Net income | 827.5 | 785.9 | 615.9 | 568.6 | 743.4 | 459.0 | 410.4 | 413.9 |
| Net margin | 15.9% | 16.1% | 14.1% | 13.7% | 19.7% | 13.1% | 12.1% | 12.6% |
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| Diluted EPS | $3.32 | $3.12 | $2.44 | $2.27 | $2.90 | $1.75 | $1.54 | $1.51 |
| Shares outstanding (diluted) | 249.6 | 252.2 | 252.1 | 250.7 | 256.1 | 262.1 | 267.2 | 275.0 |
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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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