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 | 2,659.9 | 1,984.2 | 2,959.1 | 3,081.6 | 3,319.5 | 2,928.6 | 3,052.7 | 3,651.1 |
| Revenue growth | 34.1% | -32.9% | -4.0% | -7.2% | 13.3% | -4.1% | -16.4% | -9.5% |
| Cost of goods sold | 2,204.5 | 1,757.8 | 2,436.1 | 2,441.8 | 2,636.7 | 2,372.5 | 2,546.1 | 3,039.0 |
| Gross profit | 455.5 | 226.4 | 522.9 | 639.7 | 682.8 | 556.1 | 506.6 | 612.1 |
| Gross margin | 17.1% | 11.4% | 17.7% | 20.8% | 20.6% | 19.0% | 16.6% | 16.8% |
| General and administrative | 210.9 | 171.4 | 212.5 | 229.3 | 244.7 | 221.1 | 270.7 | 272.1 |
| EBITA | 150.5 | -54.9 | 171.5 | 134.8 | 283.2 | 187.6 | 107.7 | 86.0 |
| EBITA margin | 5.7% | -2.8% | 5.8% | 4.4% | 8.5% | 6.4% | 3.5% | 2.4% |
| Amortization of intangibles | 10.9 | 11.8 | 11.6 | 11.3 | 10.3 | 9.0 | 14.3 | 15.1 |
| EBIT | 139.5 | -66.8 | 159.9 | 123.5 | 272.9 | 178.6 | 93.4 | 70.9 |
| EBIT margin | 5.2% | -3.4% | 5.4% | 4.0% | 8.2% | 6.1% | 3.1% | 1.9% |
| Pre-tax income | 77.8 | -131.9 | 119.0 | 85.2 | 182.8 | 138.6 | -28.6 | -76.5 |
| Income taxes | 31.9 | 17.5 | 38.8 | 48.1 | 53.3 | 59.6 | 22.8 | 32.5 |
| Tax rate | 41.1% | | 32.6% | 56.5% | 29.2% | 43.0% | | |
| Net income | 45.5 | -149.5 | 79.9 | 36.8 | 129.2 | 78.8 | -51.6 | -109.3 |
| Net margin | 1.7% | -7.5% | 2.7% | 1.2% | 3.9% | 2.7% | -1.7% | -3.0% |
| |
| Diluted EPS | $0.22 | ($0.72) | $0.38 | $0.18 | $0.61 | $0.37 | ($0.25) | ($0.52) |
| Shares outstanding (diluted) | 210.5 | 208.7 | 207.6 | 210.1 | 212.0 | 211.0 | 210.6 | 210.3 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|