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 | 4,723.0 | 2,039.9 | 2,202.1 | 5,764.6 | 5,485.1 | 5,283.3 | 4,984.9 | 4,579.4 |
| Revenue growth | 131.5% | -7.4% | -61.8% | 5.1% | 3.8% | 6.0% | 8.9% | 14.1% |
| Cost of goods sold | 2,790.1 | 2,840.6 | 2,157.4 | 3,712.2 | 3,525.7 | 3,358.3 | 3,188.8 | 2,997.5 |
| Gross profit | 1,932.9 | -800.7 | 44.7 | 2,052.4 | 1,959.4 | 1,925.0 | 1,796.1 | 1,581.9 |
| Gross margin | 40.9% | -39.3% | 2.0% | 35.6% | 35.7% | 36.4% | 36.0% | 34.5% |
| Selling, general and administrative | 26.8 | 9.8 | 8.7 | 22.2 | 1,241.4 | 1,196.9 | 1,135.5 | 1,047.6 |
| EBITA | 742.2 | 762.7 | 525.3 | 2,093.8 | 753.4 | 746.6 | 660.6 | 534.3 |
| EBITA margin | 15.7% | 37.4% | 23.9% | 36.3% | 13.7% | 14.1% | 13.3% | 11.7% |
| Amortization of intangibles | 48.3 | 31.5 | 10.8 | 41.4 | 36.1 | 31.7 | 28.1 | 21.6 |
| EBIT | 693.9 | 731.2 | 514.5 | 2,052.4 | 717.3 | 714.9 | 632.5 | 512.7 |
| EBIT margin | 14.7% | 35.8% | 23.4% | 35.6% | 13.1% | 13.5% | 12.7% | 11.2% |
| Pre-tax income | 667.1 | 726.4 | 499.2 | 575.3 | 537.0 | 634.8 | 582.1 | 459.9 |
| Income taxes | 127.2 | 166.7 | 110.8 | 144.0 | 147.0 | 159.5 | 169.7 | 153.4 |
| Tax rate | 19.1% | 22.9% | 22.2% | 25.0% | 27.4% | 25.1% | 29.2% | 33.4% |
| Earnings from continuing ops | 686.7 | 772.4 | 553.1 | 431.9 | 389.8 | 950.5 | 412.4 | 306.0 |
| Earnings from discontinued ops | 146.8 | 212.7 | 173.6 | | -0.2 | -2.6 | 0.8 | 9.0 |
| Net income | 686.7 | 772.4 | 553.1 | 431.9 | 389.6 | 947.9 | 413.2 | 315.0 |
| Net margin | 14.5% | 37.9% | 25.1% | 7.5% | 7.1% | 17.9% | 8.3% | 6.9% |
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| Diluted EPS | $5.23 | $5.54 | $3.95 | $3.06 | $2.66 | $6.10 | $2.61 | $1.88 |
| Shares outstanding (diluted) | 131.3 | 139.5 | 140.2 | 141.3 | 146.4 | 155.8 | 157.8 | 163.0 |
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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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