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-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 2,406.5 | 1,570.0 | 1,328.1 | 1,961.7 | 2,002.9 | 1,796.2 | 1,931.5 | 2,273.7 |
| Revenue growth | 53.3% | 18.2% | -32.3% | -2.1% | 11.5% | -7.0% | -15.1% | -1.2% |
| Cost of goods sold | 1,400.6 | 1,019.2 | 880.8 | 1,305.0 | 1,321.6 | 1,133.6 | 1,122.7 | 1,420.4 |
| Gross profit | 1,005.9 | 550.7 | 447.3 | 656.8 | 681.3 | 662.7 | 808.8 | 853.4 |
| Gross margin | 41.8% | 35.1% | 33.7% | 33.5% | 34.0% | 36.9% | 41.9% | 37.5% |
| General and administrative | 80.3 | 70.2 | 59.8 | 73.0 | 68.3 | 61.8 | 72.5 | 67.5 |
| EBIT | 657.4 | 221.3 | 75.1 | 276.9 | 355.0 | 345.8 | 371.7 | 412.5 |
| EBIT margin | 27.3% | 14.1% | 5.7% | 14.1% | 17.7% | 19.3% | 19.2% | 18.1% |
| Pre-tax income | 633.1 | 179.2 | -129.0 | 406.7 | 367.5 | 304.4 | 339.6 | 306.2 |
| Income taxes | 54.0 | 0.4 | 0.0 | -0.2 | 0.0 | 0.2 | 0.0 | 0.0 |
| Tax rate | 8.5% | 0.2% | | | 0.0% | 0.1% | 0.0% | 0.0% |
| Net income | 577.2 | 178.2 | -129.2 | 399.4 | 365.0 | 281.7 | 258.5 | 159.9 |
| Net margin | 24.0% | 11.3% | -9.7% | 20.4% | 18.2% | 15.7% | 13.4% | 7.0% |
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| Diluted EPS | $4.54 | $1.40 | ($1.02) | $3.12 | $2.79 | $2.85 | $3.48 | $2.16 |
| Shares outstanding (diluted) | 127.2 | 127.2 | 127.2 | 128.1 | 130.8 | 98.7 | 74.4 | 74.2 |
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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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