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 | 5,511.5 | 5,278.5 | 4,662.6 | 4,508.4 | 3,683.7 | 3,377.8 | 3,260.2 | 3,107.6 |
| Revenue growth | 4.4% | 13.2% | 3.4% | 22.4% | 9.1% | 3.6% | 4.9% | 5.0% |
| Cost of goods sold | 5,144.1 | 4,860.0 | 4,336.9 | 4,186.8 | 3,390.9 | 2,374.8 | 2,294.9 | 2,210.5 |
| Gross profit | 367.5 | 418.5 | 325.7 | 321.6 | 292.8 | 1,003.1 | 965.3 | 897.1 |
| Gross margin | 6.7% | 7.9% | 7.0% | 7.1% | 7.9% | 29.7% | 29.6% | 28.9% |
| Sales and marketing | 326.0 | 291.8 | 290.7 | 301.4 | 281.0 | 280.2 | 271.0 | 239.4 |
| Research and development | 435.7 | 395.1 | 359.7 | 331.8 | 287.4 | 265.1 | 255.8 | 243.4 |
| General and administrative | 313.0 | 267.4 | 223.9 | 214.7 | 160.3 | 133.3 | 151.4 | 145.7 |
| EBIT | 388.5 | 441.1 | 338.3 | 323.4 | 332.5 | 335.8 | 316.9 | 273.1 |
| EBIT margin | 7.0% | 8.4% | 7.3% | 7.2% | 9.0% | 9.9% | 9.7% | 8.8% |
| Pre-tax income | 292.6 | 383.5 | 261.8 | 246.3 | 237.3 | 284.8 | 279.2 | 248.6 |
| Income taxes | 24.1 | 131.4 | 36.4 | 19.4 | 26.4 | 55.6 | 45.6 | 46.2 |
| Tax rate | 8.2% | 34.3% | 13.9% | 7.9% | 11.1% | 19.5% | 16.3% | 18.6% |
| Net income | 275.5 | 275.0 | 238.3 | 229.5 | 210.6 | 242.1 | 240.7 | 211.2 |
| Net margin | 5.0% | 5.2% | 5.1% | 5.1% | 5.7% | 7.2% | 7.4% | 6.8% |
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| Diluted EPS | $6.18 | $6.21 | $5.39 | $5.23 | $4.92 | $5.66 | $5.63 | $4.94 |
| Shares outstanding (diluted) | 44.6 | 44.3 | 44.2 | 43.8 | 42.8 | 42.8 | 42.8 | 42.7 |
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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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