Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 |
| Revenues | 3,982.5 | 3,769.3 | 2,398.0 | 2,430.6 | 2,507.9 | 2,266.1 | 2,055.6 | 2,100.0 |
| Revenue growth | 5.7% | 57.2% | -1.3% | -3.1% | 10.7% | 10.2% | -2.1% | -11.2% |
| Cost of goods sold | 2,864.9 | 2,881.2 | 1,966.2 | 2,035.1 | 2,150.4 | 1,940.6 | 1,723.5 | 1,809.7 |
| Gross profit | 1,117.6 | 888.1 | 431.9 | 395.5 | 357.5 | 325.5 | 332.1 | 290.3 |
| Gross margin | 28.1% | 23.6% | 18.0% | 16.3% | 14.3% | 14.4% | 16.2% | 13.8% |
| Selling, general and administrative | 203.1 | 184.1 | 159.5 | 162.4 | 148.9 | 140.7 | 135.8 | 130.4 |
| EBITA | 886.5 | 607.0 | 223.5 | 170.7 | 160.8 | 151.8 | 167.3 | 125.9 |
| EBITA margin | 22.3% | 16.1% | 9.3% | 7.0% | 6.4% | 6.7% | 8.1% | 6.0% |
| Amortization of intangibles | 5.6 | 6.3 | 6.1 | 5.4 | 4.4 | 3.1 | 4.3 | 4.1 |
| EBIT | 880.9 | 600.8 | 217.3 | 165.4 | 156.4 | 148.7 | 163.0 | 121.9 |
| EBIT margin | 22.1% | 15.9% | 9.1% | 6.8% | 6.2% | 6.6% | 7.9% | 5.8% |
| Pre-tax income | 876.0 | 641.1 | 209.2 | 166.1 | 150.4 | 127.0 | 146.0 | 131.8 |
| Income taxes | -223.3 | -165.9 | -55.3 | -35.3 | -31.0 | -37.9 | -48.1 | 43.4 |
| Tax rate | | | | | | | | 32.9% |
| Net income | 658.3 | 468.5 | 139.5 | 101.0 | 104.5 | 85.6 | 99.7 | 87.9 |
| Net margin | 16.5% | 12.4% | 5.8% | 4.2% | 4.2% | 3.8% | 4.9% | 4.2% |
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| Diluted EPS | $11.64 | $8.25 | $2.47 | $1.79 | $1.82 | $1.49 | $1.74 | $1.54 |
| Shares outstanding (diluted) | 56.6 | 56.8 | 56.4 | 56.3 | 57.3 | 57.5 | 57.2 | 57.0 |
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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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