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-05-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 6,908.0 | 7,983.0 | 6,221.0 | 5,870.0 | 6,079.0 | 5,782.0 | 5,810.0 | 5,810.0 |
| Revenue growth | -13.5% | 28.3% | 6.0% | -3.4% | 4.6% | | 0.0% | 1.8% |
| Cost of goods sold | 5,792.0 | 6,422.0 | 5,000.0 | 4,687.0 | 4,830.0 | 1,351.0 | 4,574.0 | 4,487.0 |
| Gross profit | 1,116.0 | 1,561.0 | 1,221.0 | 1,183.0 | 1,249.0 | 4,431.0 | 1,236.0 | 1,323.0 |
| Gross margin | 16.2% | 19.6% | 19.6% | 20.2% | 20.5% | 76.6% | 21.3% | 22.8% |
| Sales and marketing | 252.0 | 263.0 | 215.0 | 264.0 | 258.0 | 256.0 | 258.0 | 241.0 |
| General and administrative | 388.0 | 441.0 | 412.0 | 344.0 | 328.0 | 265.0 | 303.0 | 321.0 |
| EBITA | 351.0 | 746.0 | 484.0 | 497.0 | 540.0 | 449.0 | 605.0 | 682.0 |
| EBITA margin | 5.1% | 9.3% | 7.8% | 8.5% | 8.9% | 7.8% | 10.4% | 11.7% |
| Amortization of intangibles | 96.0 | 94.0 | 77.0 | 93.0 | 97.0 | | 81.0 | 113.0 |
| EBIT | 255.0 | 652.0 | 407.0 | 404.0 | 443.0 | 449.0 | 524.0 | 569.0 |
| EBIT margin | 3.7% | 8.2% | 6.5% | 6.9% | 7.3% | 7.8% | 9.0% | 9.8% |
| Pre-tax income | -323.0 | 435.0 | -591.0 | -174.0 | 202.0 | 213.0 | 359.0 | 357.0 |
| Income taxes | -68.0 | 133.0 | -104.0 | 14.0 | 65.0 | 67.0 | -66.0 | 144.0 |
| Tax rate | 21.1% | 30.6% | 17.6% | | 32.2% | 31.5% | | 40.3% |
| Earnings from continuing ops | -287.0 | 343.0 | -360.0 | -188.0 | 137.0 | 146.0 | 425.0 | 213.0 |
| Earnings from discontinued ops | | | | | | -6.0 | 6.0 | |
| Net income | -287.0 | 343.0 | -360.0 | -188.0 | 137.0 | 140.0 | 431.0 | 213.0 |
| Net margin | -4.2% | 4.3% | -5.8% | -3.2% | 2.3% | 2.4% | 7.4% | 3.7% |
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| Diluted EPS | ($2.52) | $2.85 | ($3.13) | ($1.65) | $1.09 | $1.17 | $3.07 | $1.46 |
| Shares outstanding (diluted) | 113.8 | 120.2 | 115.2 | 114.2 | 125.3 | 125.3 | 138.4 | 145.8 |
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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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