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 | 3,753.9 | 3,538.9 | 2,895.3 | 2,992.7 | 3,187.9 | 2,996.7 | 2,685.9 | 2,536.5 |
| Revenue growth | 6.1% | 22.2% | -3.3% | -6.1% | 6.4% | 11.6% | 5.9% | 7.7% |
| Cost of goods sold | 2,424.3 | 2,228.0 | 1,787.1 | 1,812.0 | 1,882.4 | 1,764.3 | 1,571.7 | 1,526.7 |
| Gross profit | 1,329.6 | 1,310.9 | 1,108.2 | 1,180.7 | 1,305.5 | 1,232.4 | 1,114.2 | 1,009.8 |
| Gross margin | 35.4% | 37.0% | 38.3% | 39.5% | 41.0% | 41.1% | 41.5% | 39.8% |
| Selling, general and administrative | 670.9 | 701.4 | 660.3 | 715.6 | 753.8 | 722.8 | 662.5 | 610.7 |
| EBITA | 671.5 | 621.8 | 462.4 | 480.9 | 566.0 | 523.3 | 465.1 | 413.3 |
| EBITA margin | 17.9% | 17.6% | 16.0% | 16.1% | 17.8% | 17.5% | 17.3% | 16.3% |
| Amortization of intangibles | 12.8 | 12.3 | 14.5 | 15.8 | 14.3 | 13.7 | 13.4 | 14.2 |
| EBIT | 658.7 | 609.5 | 447.9 | 465.1 | 551.7 | 509.6 | 451.7 | 399.1 |
| EBIT margin | 17.5% | 17.2% | 15.5% | 15.5% | 17.3% | 17.0% | 16.8% | 15.7% |
| Pre-tax income | 223.7 | 625.6 | 443.9 | 472.1 | 557.8 | 520.8 | 462.5 | 402.5 |
| Income taxes | -12.0 | 138.5 | 99.0 | 102.1 | 113.6 | 224.3 | 136.0 | 119.6 |
| Tax rate | | 22.1% | 22.3% | 21.6% | 20.4% | 43.1% | 29.4% | 29.7% |
| Net income | 235.7 | 487.1 | 344.9 | 370.0 | 444.2 | 296.5 | 326.5 | 282.9 |
| Net margin | 6.3% | 13.8% | 11.9% | 12.4% | 13.9% | 9.9% | 12.2% | 11.2% |
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| Diluted EPS | $1.51 | $3.02 | $2.12 | $2.22 | $2.58 | $1.70 | $1.85 | $1.58 |
| Shares outstanding (diluted) | 155.8 | 161.3 | 162.6 | 166.7 | 172.2 | 174.6 | 176.8 | 179.0 |
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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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