Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| 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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Equity in earnings | | | | | | 15.3 | 12.9 | 12.4 |
| Pre-tax income before non-recurring items | 902.2 | 859.5 | 509.0 | 451.2 | 441.9 | 502.5 | 343.0 | 274.9 |
| Non-recurring items | 1.5 | | | | | | 12.1 | 69.4 |
| Pre-tax income | 900.7 | 859.5 | 509.0 | 451.2 | 441.9 | 502.5 | 330.8 | 205.5 |
| Income taxes | -20.9 | -20.3 | -13.8 | -11.3 | -9.2 | 3.6 | -15.8 | -11.1 |
| Tax rate | | | | | | 0.7% | | |
| Net income | 921.2 | 877.8 | 517.6 | 451.1 | 447.1 | 514.2 | 397.1 | 209.5 |
| Net margin | 47.9% | 55.6% | 38.2% | 34.5% | 37.4% | 46.5% | 40.0% | 26.8% |
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| Basic EPS | $6.87 | $6.58 | $4.00 | $3.52 | $3.55 | $4.08 | $3.17 | $1.75 |
| Diluted EPS | $6.50 | $6.27 | $3.99 | $3.31 | $3.36 | $3.83 | $3.15 | $1.65 |
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| Shares outstanding (basic) | 134.1 | 133.4 | 129.5 | 128.2 | 126.1 | 126.0 | 125.1 | 119.8 |
| Shares outstanding (diluted) | 141.7 | 140.0 | 129.6 | 136.4 | 133.2 | 134.2 | 125.9 | 126.9 |
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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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