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 | 3,363.0 | 2,666.0 | 2,560.0 | 3,662.0 | 4,172.0 | 3,646.0 | 3,041.0 | 4,529.0 |
| Revenue growth | 26.1% | 4.1% | -30.1% | -12.2% | 14.4% | 19.9% | -32.9% | -23.7% |
| Cost of goods sold | 2,753.0 | 2,249.0 | 2,129.0 | 3,009.0 | 3,483.0 | 3,064.0 | 2,573.0 | 3,743.0 |
| Gross profit | 610.0 | 417.0 | 431.0 | 653.0 | 689.0 | 582.0 | 468.0 | 786.0 |
| Gross margin | 18.1% | 15.6% | 16.8% | 17.8% | 16.5% | 16.0% | 15.4% | 17.4% |
| Selling, general and administrative | 470.0 | 410.0 | 449.0 | 550.0 | 562.0 | 0.0 | 524.0 | 606.0 |
| EBITA | 161.0 | 31.0 | 8.0 | 145.0 | 172.0 | 9.0 | -9.0 | 240.0 |
| EBITA margin | 4.8% | 1.2% | 0.3% | 4.0% | 4.1% | 0.2% | -0.3% | 5.3% |
| Amortization of intangibles | 21.0 | 24.0 | 26.0 | 42.0 | 45.0 | | 47.0 | 60.0 |
| EBIT | 140.0 | 7.0 | -18.0 | 103.0 | 127.0 | 9.0 | -56.0 | 180.0 |
| EBIT margin | 4.2% | 0.3% | -0.7% | 2.8% | 3.0% | 0.2% | -1.8% | 4.0% |
| Pre-tax income | 110.0 | -14.0 | -283.0 | 66.0 | 95.0 | 7.0 | -91.0 | -342.0 |
| Income taxes | 35.0 | 0.0 | -9.0 | 27.0 | 21.0 | -43.0 | -8.0 | -11.0 |
| Tax rate | 31.8% | 0.0% | 3.2% | 40.9% | 22.1% | | 8.8% | 3.2% |
| Net income | 51.0 | -38.0 | -298.0 | 15.0 | 50.0 | 50.0 | -107.0 | -344.0 |
| Net margin | 1.5% | -1.4% | -11.6% | 0.4% | 1.2% | 1.4% | -3.5% | -7.6% |
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| Diluted EPS | $0.60 | ($0.46) | ($3.63) | $0.18 | $0.54 | $0.52 | ($1.10) | ($3.37) |
| Shares outstanding (diluted) | 84.9 | 82.5 | 82.0 | 83.9 | 91.8 | 95.6 | 97.3 | 102.1 |
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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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