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 | 282.1 | 848.0 | 1,115.0 | 963.0 | 1,001.0 | 1,739.0 | 1,677.0 | 2,207.0 |
| Revenue growth | -66.7% | -23.9% | 15.8% | -3.8% | -42.4% | 3.7% | -24.0% | 10.7% |
| Cost of goods sold | 0.0 | 179.0 | 197.0 | 125.0 | 96.0 | 101.0 | 245.0 | 231.0 |
| Gross profit | 282.1 | 669.0 | 918.0 | 838.0 | 905.0 | 1,638.0 | 1,432.0 | 1,976.0 |
| Gross margin | 100.0% | 78.9% | 82.3% | 87.0% | 90.4% | 94.2% | 85.4% | 89.5% |
| Selling, general and administrative | 23.8 | 286.0 | 532.0 | 378.0 | 326.0 | 647.0 | 415.0 | 545.0 |
| EBIT | 258.3 | 387.0 | 575.0 | 606.0 | 654.0 | 1,153.0 | 1,150.0 | 2,315.0 |
| EBIT margin | 91.6% | 45.6% | 51.6% | 62.9% | 65.3% | 66.3% | 68.6% | 104.9% |
| Pre-tax income | 175.3 | 477.0 | 413.0 | 464.0 | 580.0 | 991.0 | 1,017.0 | 1,431.0 |
| Income taxes | 31.3 | 58.0 | 45.0 | 63.0 | 59.0 | 261.0 | 136.0 | 375.0 |
| Tax rate | 17.9% | 12.2% | 10.9% | 13.6% | 10.2% | 26.3% | 13.4% | 26.2% |
| Net income | 143.9 | 389.0 | 362.0 | 402.0 | 521.0 | 730.0 | 881.0 | 1,056.0 |
| Net margin | 51.0% | 45.9% | 32.5% | 41.7% | 52.0% | 42.0% | 52.5% | 47.8% |
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| Diluted EPS | | $5.24 | $4.20 | $4.01 | $4.68 | $5.97 | $6.57 | $7.09 |
| Shares outstanding (diluted) | | 74.3 | 86.2 | 100.2 | 111.3 | 122.3 | 134.1 | 149.0 |
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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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