Financial Summary (All financials)
| In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 3,881.8 | 2,931.2 | 3,308.0 |
| Revenue growth | 32.4% | -11.4% | |
| Cost of goods sold | 2,816.4 | 2,006.9 | 2,260.2 |
| Gross profit | 1,065.3 | 924.2 | 1,047.8 |
| Gross margin | 27.4% | 31.5% | 31.7% |
| Selling, general and administrative | 511.9 | 371.8 | 347.4 |
| EBITA | 458.2 | 481.1 | 629.2 |
| EBITA margin | 11.8% | 16.4% | 19.0% |
| Amortization of intangibles | 36.5 | 22.7 | 21.7 |
| EBIT | 421.7 | 458.4 | 607.6 |
| EBIT margin | 10.9% | 15.6% | 18.4% |
| Pre-tax income | 352.1 | 412.8 | 585.4 |
| Income taxes | 89.8 | 99.4 | 186.7 |
| Tax rate | 25.5% | 24.1% | 31.9% |
| Net income | 262.3 | 313.4 | 398.6 |
| Net margin | 6.8% | 10.7% | 12.1% |
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| Diluted EPS | $2.73 | $3.44 | $4.11 |
| Shares outstanding (diluted) | 96.1 | 91.1 | 97.0 |
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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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