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 |
| Revenues | 2,615.5 | 2,583.0 | 2,371.5 | 1,887.6 | 1,490.7 | 1.2 |
| Revenue growth | 1.3% | 8.9% | 25.6% | 26.6% | 129436.0% | |
| Cost of goods sold | 735.7 | 729.0 | 712.2 | 976.5 | 764.2 | 0.3 |
| Gross profit | 1,879.8 | 1,854.0 | 1,659.3 | 911.1 | 726.5 | 0.8 |
| Gross margin | 71.9% | 71.8% | 70.0% | 48.3% | 48.7% | 69.7% |
| Sales and marketing | 603.7 | 581.7 | 502.0 | 413.7 | 293.2 | 0.2 |
| Research and development | 472.3 | 386.7 | 268.9 | | | 0.1 |
| General and administrative | 332.4 | 323.4 | 501.2 | | | 0.1 |
| EBITA | 587.5 | 665.2 | 468.8 | 546.8 | 452.8 | 17.4 |
| EBITA margin | 22.5% | 25.8% | 19.8% | 29.0% | 30.4% | 1514.9% |
| Amortization of intangibles | 116.1 | 103.0 | 81.6 | 49.4 | 20.2 | 17.1 |
| EBIT | 471.4 | 562.2 | 387.2 | 497.4 | 432.6 | 0.3 |
| EBIT margin | 18.0% | 21.8% | 16.3% | 26.4% | 29.0% | 28.9% |
| Pre-tax income | 446.3 | 508.3 | 296.7 | 436.3 | 430.7 | 0.0 |
| Income taxes | 85.5 | 99.9 | 102.3 | 147.4 | 92.7 | 0.0 |
| Tax rate | 19.2% | 19.7% | 34.5% | 33.8% | 21.5% | |
| Net income | 360.8 | 408.4 | 194.4 | 288.9 | 338.0 | 0.0 |
| Net margin | 13.8% | 15.8% | 8.2% | 15.3% | 22.7% | 0.0% |
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| Diluted EPS | $0.90 | $0.99 | $0.51 | $0.76 | $0.89 | |
| Shares outstanding (diluted) | 401.6 | 411.0 | 384.7 | 378.0 | 378.0 | |
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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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