Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 6,151.4 | 5,446.0 | 5,388.7 | 4,922.9 | 4,630.5 | 3,375.9 | 2,117.3 | 2,079.2 |
| Revenue growth | 13.0% | 1.1% | 9.5% | 6.3% | 37.2% | 59.4% | 1.8% | |
| Cost of goods sold | 3,654.1 | 3,276.8 | 3,198.8 | 2,865.7 | 2,704.8 | 1,957.7 | 1,177.4 | 1,138.4 |
| Gross profit | 2,497.3 | 2,169.2 | 2,189.9 | 2,057.2 | 1,925.7 | 1,418.2 | 939.9 | 940.8 |
| Gross margin | 40.6% | 39.8% | 40.6% | 41.8% | 41.6% | 42.0% | 44.4% | 45.2% |
| Selling, general and administrative | 612.3 | 537.6 | 546.3 | 524.4 | 509.6 | 474.3 | 237.5 | 229.5 |
| EBITA | 1,178.4 | 533.4 | 963.3 | 940.0 | 729.4 | 522.6 | -32.5 | 476.3 |
| EBITA margin | 19.2% | 9.8% | 17.9% | 19.1% | 15.8% | 15.5% | -1.5% | 22.9% |
| Amortization of intangibles | 139.3 | 131.3 | 125.5 | 107.8 | 102.3 | 70.3 | 29.1 | 27.0 |
| EBIT | 1,039.1 | 402.1 | 837.8 | 832.2 | 627.1 | 452.3 | -61.5 | 449.3 |
| EBIT margin | 16.9% | 7.4% | 15.5% | 16.9% | 13.5% | 13.4% | -2.9% | 21.6% |
| Pre-tax income | 770.7 | 253.9 | 705.9 | 707.1 | 508.5 | 361.4 | -126.3 | 385.7 |
| Income taxes | 152.3 | 49.9 | 139.2 | 160.0 | -68.9 | 114.0 | -31.6 | 152.3 |
| Tax rate | 19.8% | 19.7% | 19.7% | 22.6% | | 31.6% | 25.0% | 39.5% |
| Net income | 618.0 | 204.7 | 566.8 | 546.9 | 576.8 | 246.5 | -95.8 | 232.5 |
| Net margin | 10.0% | 3.8% | 10.5% | 11.1% | 12.5% | 7.3% | -4.5% | 11.2% |
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| Diluted EPS | $2.36 | $0.78 | $2.14 | $2.07 | $2.18 | $1.07 | ($0.52) | $1.86 |
| Shares outstanding (diluted) | 261.7 | 263.7 | 264.5 | 264.4 | 264.3 | 231.1 | 185.2 | 124.8 |
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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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