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 | 3,919.7 | 3,717.9 | 3,085.2 | 3,008.7 | 2,935.6 | 2,725.1 | 2,508.3 | 2,395.4 |
| Revenue growth | 5.4% | 20.5% | 2.5% | 2.5% | 7.7% | 8.6% | 4.7% | -3.6% |
| Cost of goods sold | 1,611.7 | 1,546.4 | 1,284.1 | 1,267.4 | 1,251.2 | 1,149.3 | 1,070.5 | 1,043.5 |
| Gross profit | 2,308.0 | 2,171.6 | 1,801.0 | 1,741.2 | 1,684.4 | 1,575.8 | 1,437.7 | 1,352.0 |
| Gross margin | 58.9% | 58.4% | 58.4% | 57.9% | 57.4% | 57.8% | 57.3% | 56.4% |
| Selling, general and administrative | 938.5 | 944.0 | 820.2 | 819.2 | 812.8 | 794.9 | 745.4 | 700.8 |
| Research and development | 177.1 | 169.8 | 140.1 | 144.0 | 141.1 | 128.3 | 119.2 | 119.1 |
| EBITA | -988.5 | -881.5 | -697.7 | -619.3 | 697.3 | 621.4 | 545.4 | 507.5 |
| EBITA margin | -25.2% | -23.7% | -22.6% | -20.6% | 23.8% | 22.8% | 21.7% | 21.2% |
| Amortization of intangibles | 26.5 | 22.5 | 15.7 | 15.1 | 14.3 | 11.5 | 8.3 | 6.3 |
| EBIT | -1,015.0 | -904.0 | -713.4 | -634.4 | 683.0 | 609.9 | 537.1 | 501.2 |
| EBIT margin | -25.9% | -24.3% | -23.1% | -21.1% | 23.3% | 22.4% | 21.4% | 20.9% |
| Pre-tax income | -1,070.6 | -949.4 | -748.7 | -681.4 | 651.9 | 574.2 | 504.2 | 463.4 |
| Income taxes | 198.1 | 180.4 | 146.0 | 120.3 | 139.2 | 198.3 | 119.8 | 110.6 |
| Tax rate | | | | | 21.4% | 34.5% | 23.8% | 23.9% |
| Net income | 872.5 | 769.0 | 602.7 | 561.1 | 512.6 | 376.0 | 384.4 | 352.8 |
| Net margin | 22.3% | 20.7% | 19.5% | 18.6% | 17.5% | 13.8% | 15.3% | 14.7% |
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| Diluted EPS | $38.41 | $32.78 | $24.91 | $22.47 | $19.88 | $14.24 | $14.22 | $12.48 |
| Shares outstanding (diluted) | 22.7 | 23.5 | 24.2 | 25.0 | 25.8 | 26.4 | 27.0 | 28.3 |
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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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