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 | 1,454.4 | 429.1 | 929.0 | 1,386.1 | 1,469.8 | 1,125.7 | 201.9 | 193.9 |
| Revenue growth | 239.0% | -53.8% | -33.0% | -5.7% | 30.6% | 457.6% | 4.1% | -0.5% |
| Cost of goods sold | 153.2 | 122.9 | 348.1 | 385.3 | 372.4 | 367.3 | 397.6 | 370.5 |
| Gross profit | 1,301.2 | 306.2 | 580.9 | 1,000.8 | 1,097.4 | 758.5 | -195.7 | -176.6 |
| Gross margin | 89.5% | 71.4% | 62.5% | 72.2% | 74.7% | 67.4% | -96.9% | -91.1% |
| Selling, general and administrative | | | | | | | 742.8 | |
| General and administrative | 788.8 | 276.5 | 798.9 | 962.8 | 999.5 | 767.3 | 110.7 | 99.8 |
| EBITA | 935.8 | -68.6 | 237.8 | 371.4 | 526.5 | 355.6 | -3,325.4 | 386.4 |
| EBITA margin | 64.3% | -16.0% | 25.6% | 26.8% | 35.8% | 31.6% | -1647.0% | 199.3% |
| Amortization of intangibles | | | 12.6 | 16.9 | 6.6 | 4.0 | 4.0 | 1.7 |
| EBIT | 935.8 | -68.6 | 225.2 | 354.5 | 519.9 | 351.6 | -3,329.4 | 384.7 |
| EBIT margin | 64.3% | -16.0% | 24.2% | 25.6% | 35.4% | 31.2% | -1649.0% | 198.4% |
| Pre-tax income | 1,169.8 | 91.9 | 397.0 | 489.3 | 904.9 | 608.6 | -1,515.4 | 2,194.1 |
| Income taxes | 12.4 | 8.2 | 9.6 | 24.8 | 215.4 | 42.5 | 17.5 | 18.5 |
| Tax rate | 1.1% | 8.9% | 2.4% | 5.1% | 23.8% | 7.0% | | 0.8% |
| Net income | 604.3 | 138.4 | 127.5 | 211.1 | 231.5 | 194.7 | -1,533.0 | 2,175.6 |
| Net margin | 41.6% | 32.3% | 13.7% | 15.2% | 15.8% | 17.3% | -759.2% | 1122.0% |
| |
| Diluted EPS | $6.10 | $1.40 | $1.59 | $2.99 | $3.61 | $3.11 | ($31.08) | $51.09 |
| Shares outstanding (diluted) | 99.0 | 98.5 | 80.0 | 70.5 | 64.1 | 62.6 | 49.3 | 42.6 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|