Financial Summary (All financials)
| In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
| Revenues | 2,097.0 | 1,950.0 | 1,618.0 | 1,643.0 | 1,064.0 | |
| Revenue growth | 7.5% | 20.5% | | 54.4% | | |
| Cost of goods sold | 1,463.0 | 1,342.0 | 1,141.0 | 1,260.0 | 796.0 | |
| Gross profit | 634.0 | 608.0 | 477.0 | 383.0 | 268.0 | |
| Gross margin | 30.2% | 31.2% | 29.5% | 23.3% | 25.2% | |
| Selling, general and administrative | 250.0 | 261.0 | 225.0 | 218.0 | 184.0 | |
| Research and development | 24.0 | 18.0 | 14.0 | | | |
| EBIT | 404.0 | 339.0 | 242.0 | -145.0 | 31.0 | |
| EBIT margin | 19.3% | 17.4% | 15.0% | -8.8% | 2.9% | |
| Pre-tax income | 297.0 | 122.0 | 83.0 | -252.0 | -42.0 | |
| Income taxes | 30.0 | 31.0 | 17.0 | 17.0 | 18.0 | |
| Tax rate | 10.1% | 25.4% | 20.5% | | | |
| Earnings from continuing ops | 262.0 | 178.0 | 62.0 | -269.0 | -60.0 | |
| Earnings from discontinued ops | | -9.0 | -175.0 | 64.0 | 62.0 | |
| Net income | 262.0 | 169.0 | -113.0 | -205.0 | 2.0 | |
| Net margin | 12.5% | 8.7% | -7.0% | -12.5% | 0.2% | |
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| Diluted EPS | $2.16 | $1.48 | $0.58 | ($2.61) | ($0.60) | |
| Shares outstanding (diluted) | 121.3 | 120.0 | 106.7 | 103.0 | 100.0 | |
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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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