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 | 3,538.0 | 3,673.6 | 3,554.1 | 3,205.1 | 3,211.5 | 2,784.0 | 2,981.3 | 3,578.1 |
| Revenue growth | -3.7% | 3.4% | 10.9% | -0.2% | 15.4% | -6.6% | -16.7% | -6.4% |
| Cost of goods sold | 179.3 | 2,551.6 | 2,404.7 | 2,053.5 | 1,936.0 | 1,455.1 | 1,323.6 | 1,355.0 |
| Gross profit | 3,358.8 | 1,122.0 | 1,149.4 | 1,151.6 | 1,275.5 | 1,328.9 | 1,657.7 | 2,223.0 |
| Gross margin | 94.9% | 30.5% | 32.3% | 35.9% | 39.7% | 47.7% | 55.6% | 62.1% |
| Selling, general and administrative | 905.6 | 924.2 | 963.3 | 1,004.0 | 1,002.9 | 1,029.5 | 1,140.1 | 1,280.0 |
| Research and development | 43.7 | 46.8 | 38.4 | 51.3 | 58.5 | 60.9 | 107.4 | 110.2 |
| EBITA | 127.0 | 180.0 | 182.4 | 267.6 | 376.4 | 388.4 | 539.2 | 666.4 |
| EBITA margin | 3.6% | 4.9% | 5.1% | 8.3% | 11.7% | 14.0% | 18.1% | 18.6% |
| Amortization of intangibles | | 30.0 | 33.0 | 36.0 | 39.0 | 28.0 | 40.0 | 37.0 |
| EBIT | 127.0 | 150.0 | 149.4 | 231.6 | 337.4 | 360.4 | 499.2 | 629.4 |
| EBIT margin | 3.6% | 4.1% | 4.2% | 7.2% | 10.5% | 12.9% | 16.7% | 17.6% |
| Pre-tax income | 39.9 | -7.4 | -183.4 | 26.7 | 188.1 | 193.7 | 201.8 | 610.8 |
| Income taxes | 2.9 | -10.9 | 7.1 | -13.1 | 6.4 | 13.7 | 107.0 | 189.8 |
| Tax rate | 7.4% | 147.3% | | | 3.4% | 7.1% | 53.0% | 31.1% |
| Earnings from continuing ops | 36.9 | 3.5 | -190.5 | 39.9 | 181.7 | 243.5 | 111.9 | 426.3 |
| Earnings from discontinued ops | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | | |
| Net income | 36.9 | -1.4 | -180.4 | 194.3 | 241.8 | 243.5 | 111.9 | 426.3 |
| Net margin | 1.0% | 0.0% | -5.1% | 6.1% | 7.5% | 8.7% | 3.8% | 11.9% |
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| Diluted EPS | $0.21 | $0.02 | ($1.11) | $0.22 | $0.96 | $1.30 | $0.59 | $2.12 |
| Shares outstanding (diluted) | 175.9 | 179.1 | 171.5 | 177.4 | 188.4 | 187.4 | 189.0 | 200.9 |
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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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