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 | 3,932.7 | 2,299.3 | 1,967.3 | 2,829.1 | 1,791.4 | 1,444.0 | 1,811.2 | 2,941.3 |
| Revenue growth | 71.0% | 16.9% | -30.5% | 57.9% | 24.1% | -20.3% | -38.4% | -46.3% |
| Cost of goods sold | 229.0 | 41.2 | 28.5 | 48.0 | 52.1 | 43.6 | 603.2 | 898.1 |
| Gross profit | 3,703.7 | 2,258.1 | 1,938.8 | 2,781.1 | 1,739.3 | 1,400.4 | 1,208.1 | 2,043.2 |
| Gross margin | 94.2% | 98.2% | 98.6% | 98.3% | 97.1% | 97.0% | 66.7% | 69.5% |
| Selling, general and administrative | 131.1 | 122.0 | 140.2 | 232.7 | 205.2 | 207.4 | 246.3 | 306.7 |
| EBIT | 1,586.7 | 477.7 | -106.0 | 445.3 | 235.6 | -26.3 | -293.8 | -609.4 |
| EBIT margin | 40.3% | 20.8% | -5.4% | 15.7% | 13.2% | -1.8% | -16.2% | -20.7% |
| Pre-tax income | 1,450.3 | 42.9 | -1,549.0 | 203.5 | 43.0 | -282.9 | -493.1 | -3,282.3 |
| Income taxes | 309.5 | -5.9 | -293.7 | 14.7 | -126.1 | 270.1 | -219.2 | -1,026.5 |
| Tax rate | 21.3% | | 19.0% | 7.2% | | | 44.4% | 31.3% |
| Earnings from continuing ops | 967.1 | -72.4 | -1,141.6 | 85.2 | 160.7 | -553.0 | -273.9 | -2,255.8 |
| Earnings from discontinued ops | -2.1 | -1.2 | -7.2 | 1,064.5 | 250.3 | 241.2 | -2.0 | -15.1 |
| Net income | 965.0 | -73.7 | -1,148.8 | 1,149.7 | 411.1 | -311.8 | -276.0 | -2,270.8 |
| Net margin | 24.5% | -3.2% | -58.4% | 40.6% | 22.9% | -21.6% | -15.2% | -77.2% |
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| Diluted EPS | $6.14 | ($0.47) | ($7.44) | $0.52 | $0.92 | ($3.21) | ($1.59) | ($12.94) |
| Shares outstanding (diluted) | 157.5 | 154.3 | 153.5 | 164.8 | 174.2 | 172.5 | 172.2 | 174.4 |
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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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