Financial Summary (All financials)
| In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| Revenues | 1,454.4 | 1,599.1 | 1,316.2 | 1,027.3 | 551.2 | 915.4 |
| Revenue growth | -9.0% | 21.5% | 28.1% | 86.4% | -39.8% | |
| Cost of goods sold | 295.1 | 405.6 | 437.3 | 349.2 | 157.9 | 241.8 |
| Gross profit | 1,159.3 | 1,193.5 | 879.0 | 678.1 | 393.4 | 673.7 |
| Gross margin | 79.7% | 74.6% | 66.8% | 66.0% | 71.4% | 73.6% |
| Selling, general and administrative | | | | 46.7 | 14.1 | 17.1 |
| Research and development | 148.0 | 139.3 | 150.6 | 123.6 | 90.6 | 87.1 |
| General and administrative | 19.8 | 27.1 | 25.6 | | | |
| EBITA | -41.9 | -54.2 | 24.1 | -111.6 | 3.3 | 175.9 |
| EBITA margin | -2.9% | -3.4% | 1.8% | -10.9% | 0.6% | 19.2% |
| Amortization of intangibles | 34.4 | 35.2 | 35.6 | 19.2 | 5.5 | 3.6 |
| EBIT | -76.3 | -89.4 | -11.5 | -130.9 | -2.3 | 172.3 |
| EBIT margin | -5.2% | -5.6% | -0.9% | -12.7% | -0.4% | 18.8% |
| Pre-tax income | 396.4 | 380.0 | 85.2 | 25.0 | 26.4 | 193.5 |
| Income taxes | 140.7 | 130.9 | 22.8 | -101.1 | 10.3 | 30.8 |
| Tax rate | 35.5% | 34.4% | 26.7% | | 38.9% | 15.9% |
| Earnings from continuing ops | 255.7 | 249.1 | 62.4 | 147.7 | 15.1 | 150.2 |
| Earnings from discontinued ops | | | -1.3 | 0.1 | | |
| Net income | 255.7 | 249.1 | 61.1 | 147.7 | 15.1 | 150.2 |
| Net margin | 17.6% | 15.6% | 4.6% | 14.4% | 2.7% | 16.4% |
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| Diluted EPS | $2.97 | $2.42 | $0.54 | $1.82 | $0.31 | $2.96 |
| Shares outstanding (diluted) | 86.2 | 102.9 | 116.5 | 81.0 | 49.0 | 50.7 |
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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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