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 | 1,510.0 | 23.0 | 22.0 | 29.0 | 29.8 | 31.8 | 1,433.0 | 652.9 |
| Revenue growth | 6465.2% | 4.5% | -24.1% | -2.6% | -6.3% | -97.8% | 119.5% | -51.3% |
| Cost of goods sold | 250.0 | 391.0 | 387.0 | 391.0 | 417.6 | 462.7 | 450.6 | 445.1 |
| Gross profit | 1,260.0 | -368.0 | -365.0 | -362.0 | -387.8 | -430.9 | 982.4 | 207.8 |
| Gross margin | 83.4% | -1600.0% | -1659.1% | -1248.3% | -1303.0% | -1356.8% | 68.6% | 31.8% |
| Selling, general and administrative | 354.0 | 518.0 | 511.0 | 511.0 | 129.0 | 178.6 | 187.6 | 170.5 |
| EBITA | 302.0 | -886.0 | -876.0 | -873.0 | -516.9 | -609.3 | 346.7 | 14.5 |
| EBITA margin | 20.0% | -3852.2% | -3981.8% | -3010.3% | -1736.5% | -1918.4% | 24.2% | 2.2% |
| Amortization of intangibles | 5.0 | | | | | 0.2 | 2.4 | 5.3 |
| EBIT | 297.0 | -886.0 | -876.0 | -873.0 | -516.9 | -609.5 | 344.3 | 9.2 |
| EBIT margin | 19.7% | -3852.2% | -3981.8% | -3010.3% | -1736.5% | -1919.0% | 24.0% | 1.4% |
| Pre-tax income | 826.0 | 806.0 | 588.0 | 523.0 | 557.7 | 668.2 | 777.1 | -132.0 |
| Income taxes | 176.0 | 210.0 | 77.0 | 128.0 | 135.3 | 202.0 | 281.7 | -84.9 |
| Tax rate | 21.3% | 26.1% | 13.1% | 24.5% | 24.3% | 30.2% | 36.3% | 64.3% |
| Net income | 617.0 | 596.0 | 511.0 | 395.0 | 389.6 | 441.6 | 495.4 | -47.2 |
| Net margin | 40.9% | 2591.3% | 2322.7% | 1362.1% | 1308.9% | 1390.4% | 34.6% | -7.2% |
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| Diluted EPS | $1.26 | $1.28 | $1.10 | $0.85 | $0.80 | $0.91 | $1.02 | ($0.11) |
| Shares outstanding (diluted) | 489.7 | 464.6 | 463.3 | 465.7 | 487.3 | 487.1 | 485.2 | 449.0 |
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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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