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 | 2,402.0 | 2,081.0 | 2,698.0 | 2,713.0 | 2,262.0 | 1,840.0 | 1,986.0 | 2,127.4 |
| Revenue growth | 15.4% | -22.9% | -0.6% | 19.9% | 22.9% | -7.4% | -6.6% | 9.4% |
| Cost of goods sold | 1,257.0 | 1,083.0 | 1,304.0 | 1,291.0 | 1,131.0 | 976.0 | 1,052.0 | 1,151.5 |
| Gross profit | 1,145.0 | 998.0 | 1,394.0 | 1,422.0 | 1,131.0 | 864.0 | 934.0 | 975.9 |
| Gross margin | 47.7% | 48.0% | 51.7% | 52.4% | 50.0% | 47.0% | 47.0% | 45.9% |
| Selling, general and administrative | -1,257.0 | -1,083.0 | -1,304.0 | 368.0 | 342.0 | 324.0 | 317.0 | 344.6 |
| Research and development | | | | 131.0 | 105.0 | 88.0 | 93.0 | 103.8 |
| EBITA | 617.0 | 452.0 | 865.0 | 1,010.0 | 774.0 | 544.0 | 607.0 | 626.3 |
| EBITA margin | 25.7% | 21.7% | 32.1% | 37.2% | 34.2% | 29.6% | 30.6% | 29.4% |
| Amortization of intangibles | 46.0 | 52.0 | 86.0 | 87.0 | 90.0 | 92.0 | 97.0 | 98.8 |
| EBIT | 571.0 | 400.0 | 779.0 | 923.0 | 684.0 | 452.0 | 510.0 | 527.5 |
| EBIT margin | 23.8% | 19.2% | 28.9% | 34.0% | 30.2% | 24.6% | 25.7% | 24.8% |
| Pre-tax income | 572.0 | 393.0 | 768.0 | 805.0 | 527.0 | 341.0 | 289.0 | 368.1 |
| Income taxes | 130.0 | 94.0 | 164.0 | 166.0 | 23.0 | 126.0 | 107.0 | 139.5 |
| Tax rate | 22.7% | 23.9% | 21.4% | 20.6% | 4.4% | 37.0% | 37.0% | 37.9% |
| Net income | 442.0 | 299.0 | 604.0 | 639.0 | 504.0 | 215.0 | 182.0 | 228.6 |
| Net margin | 18.4% | 14.4% | 22.4% | 23.6% | 22.3% | 11.7% | 9.2% | 10.7% |
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| Diluted EPS | $4.13 | $2.62 | $4.91 | $4.77 | $3.36 | $1.27 | $1.03 | $1.25 |
| Shares outstanding (diluted) | 107.0 | 114.0 | 123.0 | 134.0 | 150.0 | 169.0 | 177.0 | 182.3 |
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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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