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 | 5,434.7 | 5,457.7 | 4,588.4 | 4,504.6 | 4,514.8 | 4,881.5 | 5,453.2 | 5,702.6 |
| Revenue growth | -0.4% | 18.9% | 1.9% | -0.2% | -7.5% | -10.5% | -4.4% | -5.3% |
| Cost of goods sold | 2,953.3 | 2,831.1 | 2,345.3 | 2,527.2 | 2,716.1 | 3,056.9 | 2,906.5 | 2,896.3 |
| Gross profit | 2,481.4 | 2,626.7 | 2,243.1 | 1,977.3 | 1,798.7 | 1,824.6 | 2,546.7 | 2,806.4 |
| Gross margin | 45.7% | 48.1% | 48.9% | 43.9% | 39.8% | 37.4% | 46.7% | 49.2% |
| Selling, general and administrative | 1,805.8 | 1,897.1 | 1,868.4 | 1,940.2 | 2,033.0 | 2,160.3 | 2,026.7 | 2,265.4 |
| Sales and marketing | 534.3 | 545.7 | 525.8 | 550.2 | 524.3 | 642.3 | 634.9 | 717.9 |
| EBITA | 713.1 | 767.6 | 413.7 | 76.4 | -197.5 | -312.4 | 542.2 | 568.8 |
| EBITA margin | 13.1% | 14.1% | 9.0% | 1.7% | -4.4% | -6.4% | 9.9% | 10.0% |
| Amortization of intangibles | 37.6 | 38.0 | 38.9 | 40.1 | 39.1 | 23.3 | 22.2 | 27.9 |
| EBIT | 675.5 | 729.6 | 374.7 | 36.3 | -236.6 | -335.7 | 520.0 | 540.9 |
| EBIT margin | 12.4% | 13.4% | 8.2% | 0.8% | -5.2% | -6.9% | 9.5% | 9.5% |
| Pre-tax income | 504.3 | 470.8 | 177.7 | -159.7 | -414.9 | -501.2 | 402.0 | 463.9 |
| Income taxes | 135.9 | -420.4 | 65.5 | 58.3 | 116.2 | 553.3 | 89.1 | 94.5 |
| Tax rate | 26.9% | | 36.9% | | | | 22.2% | 20.4% |
| Net income | 393.9 | 903.0 | 123.6 | -218.8 | -533.3 | -1,054.6 | 312.9 | 369.4 |
| Net margin | 7.2% | 16.5% | 2.7% | -4.9% | -11.8% | -21.6% | 5.7% | 6.5% |
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| Diluted EPS | $1.10 | $2.53 | $0.35 | ($0.63) | ($1.55) | ($3.07) | $0.91 | $1.09 |
| Shares outstanding (diluted) | 359.6 | 357.3 | 349.1 | 346.1 | 345.0 | 343.6 | 344.2 | 339.7 |
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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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