| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| | 10-K | 10-K | 10-K |
| Revenues | 1,117.6 | 937.8 | 982.9 |
| Revenue growth | 19.2% | -4.6% | |
| Cost of goods sold | 175.3 | 318.7 | 149.6 |
| Gross profit | 942.3 | 619.1 | 833.3 |
| Gross margin | 84.3% | 66.0% | 84.8% |
| Selling, general and administrative [+] | 151.1 | 355.6 | 75.2 |
| General and administrative | 151.1 | 355.6 | 75.2 |
| EBITDA [+] | 791.2 | 263.5 | 758.1 |
| EBITDA growth | 200.3% | -65.2% | |
| EBITDA margin | 70.8% | 28.1% | 77.1% |
| Depreciation | 64.9 | 60.6 | 55.8 |
| EBITA | 726.3 | 202.9 | 702.3 |
| EBITA margin | 65.0% | 21.6% | 71.4% |
| Amortization of intangibles | 340.2 | 334.7 | 334.1 |
| EBIT [+] | 386.1 | -131.8 | 368.2 |
| EBIT growth | -392.9% | -135.8% | |
| EBIT margin | 34.5% | -14.1% | 37.5% |
| Interest expense, net [+] | 267.4 | 335.4 | 376.2 |
| Interest expense | 267.5 | 335.6 | 376.3 |
| Interest income | 0.0 | 0.3 | 0.2 |
| Other income (expense), net [+] | 16.8 | -79.7 | 18.5 |
| Gain (loss) on investments | 0.0 | 12.2 | |
| Gain (loss) on debt retirement | -15.8 | -103.0 | -18.5 |
| Pre-tax income | 135.5 | -546.9 | 10.5 |
| Income taxes | 33.4 | -26.3 | 0.8 |
| Tax rate | 24.6% | 4.8% | 7.6% |
| Net income | 102.1 | -520.6 | 9.7 |
| Net margin | 9.1% | -55.5% | 1.0% |
| |
| Basic EPS [+] | $0.16 | ($1.11) | $0.02 |
| Growth | -114.2% | -4833.8% | |
| Diluted EPS [+] | $0.16 | ($1.11) | $0.02 |
| Growth | -114.2% | -4833.8% | |
| |
| Shares outstanding (basic) [+] | 651.0 | 470.8 | 415.7 |
| Growth | 38.3% | 13.3% | |
| Shares outstanding (diluted) [+] | 651.5 | 470.8 | 415.7 |
| Growth | 38.4% | 13.3% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |