Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 2,298.9 | 1,859.3 | 1,591.1 | 1,550.5 | 1,342.5 | 1,175.3 | 1,081.1 | 962.1 |
| Revenue growth | 23.6% | 16.9% | 2.6% | 15.5% | 14.2% | 8.7% | 12.4% | 38.7% |
| Cost of goods sold | 1,239.2 | 1,009.6 | 879.4 | 830.7 | 733.5 | 666.6 | 610.9 | 585.4 |
| Gross profit | 1,059.7 | 849.7 | 711.7 | 719.8 | 609.0 | 508.7 | 470.2 | 376.7 |
| Gross margin | 46.1% | 45.7% | 44.7% | 46.4% | 45.4% | 43.3% | 43.5% | 39.2% |
| Selling, general and administrative | 292.4 | 265.1 | 284.8 | 246.5 | 216.2 | 201.9 | 198.9 | 231.8 |
| Research and development | 167.6 | 136.1 | 121.1 | 118.5 | 107.0 | 107.0 | 105.9 | 87.7 |
| EBITA | 599.6 | 448.5 | 305.7 | 354.8 | 285.8 | 199.8 | 163.7 | 58.1 |
| EBITA margin | 26.1% | 24.1% | 19.2% | 22.9% | 21.3% | 17.0% | 15.1% | 6.0% |
| Amortization of intangibles | 47.9 | 53.1 | 66.4 | 62.2 | 44.0 | 44.3 | 47.3 | 37.1 |
| EBIT | 551.8 | 395.4 | 239.3 | 292.7 | 241.8 | 155.5 | 116.4 | 21.1 |
| EBIT margin | 24.0% | 21.3% | 15.0% | 18.9% | 18.0% | 13.2% | 10.8% | 2.2% |
| Pre-tax income | 479.1 | 354.3 | 318.0 | 254.4 | 184.7 | 120.0 | 92.2 | -13.4 |
| Income taxes | 70.0 | 59.3 | 63.2 | 13.7 | 99.7 | 22.9 | 10.2 | -21.6 |
| Tax rate | 14.6% | 16.7% | 19.9% | 5.4% | 54.0% | 19.0% | 11.1% | 161.1% |
| Net income | 409.1 | 295.0 | 254.9 | 240.8 | 85.1 | 97.1 | 80.3 | 7.9 |
| Net margin | 17.8% | 15.9% | 16.0% | 15.5% | 6.3% | 8.3% | 7.4% | 0.8% |
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| Diluted EPS | $3.00 | $2.16 | $1.87 | $1.69 | $0.59 | $0.68 | $0.57 | $0.06 |
| Shares outstanding (diluted) | 136.6 | 136.3 | 136.6 | 142.6 | 143.5 | 142.1 | 141.1 | 140.1 |
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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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