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 | 7,946.0 | 6,894.0 | 5,987.0 | 6,209.0 | 6,289.0 | 6,244.0 | 5,704.0 | 5,621.0 |
| Revenue growth | 15.3% | 15.1% | -3.6% | -1.3% | 0.7% | 9.5% | 1.5% | -0.8% |
| Cost of goods sold | 6,452.0 | 5,563.0 | 4,715.0 | 4,897.0 | 4,921.0 | 4,772.0 | 4,303.0 | 4,716.0 |
| Gross profit | 1,494.0 | 1,331.0 | 1,272.0 | 1,312.0 | 1,368.0 | 1,472.0 | 1,401.0 | 905.0 |
| Gross margin | 18.8% | 19.3% | 21.2% | 21.1% | 21.8% | 23.6% | 24.6% | 16.1% |
| Selling, general and administrative | 715.0 | | | | | | | |
| Sales and marketing | | 668.0 | 628.0 | 610.0 | 611.0 | 616.0 | 580.0 | 555.0 |
| EBITA | 762.0 | 724.0 | 705.0 | 750.0 | 861.0 | 942.0 | 869.0 | 710.0 |
| EBITA margin | 9.6% | 10.5% | 11.8% | 12.1% | 13.7% | 15.1% | 15.2% | 12.6% |
| Amortization of intangibles | | 27.0 | 30.0 | 29.0 | 30.0 | 30.0 | 25.0 | 22.0 |
| EBIT | 762.0 | 697.0 | 675.0 | 721.0 | 831.0 | 912.0 | 844.0 | 688.0 |
| EBIT margin | 9.6% | 10.1% | 11.3% | 11.6% | 13.2% | 14.6% | 14.8% | 12.2% |
| Pre-tax income | 668.0 | 248.0 | 506.0 | 582.0 | 621.0 | 769.0 | 742.0 | 599.0 |
| Income taxes | 166.0 | 123.0 | 152.0 | 158.0 | 167.0 | 237.0 | 246.0 | 187.0 |
| Tax rate | 24.9% | 49.6% | 30.0% | 27.1% | 26.9% | 30.8% | 33.2% | 31.2% |
| Net income | 502.0 | 117.0 | 348.0 | 413.0 | 443.0 | 519.0 | 485.0 | 402.0 |
| Net margin | 6.3% | 1.7% | 5.8% | 6.7% | 7.0% | 8.3% | 8.5% | 7.2% |
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| Diluted EPS | $67.56 | $1.73 | $5.15 | $6.13 | $6.17 | $7.06 | $6.55 | $5.51 |
| Shares outstanding (diluted) | 7.4 | 67.8 | 67.6 | 67.4 | 71.8 | 73.5 | 74.1 | 73.0 |
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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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