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 | 3,271.9 | 2,867.4 | 2,719.9 | 2,854.0 | 2,731.7 | 2,408.2 | 2,238.0 | 2,068.1 |
| Revenue growth | 14.1% | 5.4% | -4.7% | 4.5% | 13.4% | 7.6% | 8.2% | -2.4% |
| Cost of goods sold | 1,949.5 | 1,662.5 | 1,541.1 | 1,601.7 | 1,558.4 | 1,335.3 | 1,248.3 | 1,199.0 |
| Gross profit | 1,322.4 | 1,204.9 | 1,178.8 | 1,252.3 | 1,173.3 | 1,072.9 | 989.7 | 869.1 |
| Gross margin | 40.4% | 42.0% | 43.3% | 43.9% | 43.0% | 44.6% | 44.2% | 42.0% |
| Selling, general and administrative | 736.0 | 674.7 | 635.7 | 681.3 | 647.5 | 580.4 | 555.4 | 510.5 |
| EBITA | 639.1 | 568.0 | 574.0 | 602.2 | 562.1 | 514.6 | 457.9 | 385.6 |
| EBITA margin | 19.5% | 19.8% | 21.1% | 21.1% | 20.6% | 21.4% | 20.5% | 18.6% |
| Amortization of intangibles | 49.4 | 34.0 | 31.5 | 31.2 | 36.3 | 22.1 | 20.5 | 11.9 |
| EBIT | 589.7 | 534.0 | 542.5 | 571.0 | 525.8 | 492.5 | 437.4 | 373.7 |
| EBIT margin | 18.0% | 18.6% | 19.9% | 20.0% | 19.2% | 20.5% | 19.5% | 18.1% |
| Pre-tax income | 514.5 | 524.0 | 365.4 | 475.2 | 475.2 | 395.7 | 295.0 | 209.3 |
| Income taxes | 56.2 | 40.7 | 50.9 | 73.1 | -0.5 | -0.1 | 63.8 | 54.6 |
| Tax rate | 10.9% | 7.8% | 13.9% | 15.4% | | | 21.6% | 26.1% |
| Earnings from continuing ops | 458.0 | 483.0 | 314.3 | 401.8 | 434.9 | 273.3 | 229.1 | 309.0 |
| Earnings from discontinued ops | | | | | | | | -0.4 |
| Net income | 458.0 | 483.0 | 314.3 | 401.8 | 434.9 | 273.3 | 229.1 | 308.6 |
| Net margin | 14.0% | 16.8% | 11.6% | 14.1% | 15.9% | 11.3% | 10.2% | 14.9% |
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| Diluted EPS | $5.19 | $5.34 | $3.39 | $4.26 | $4.54 | $2.85 | $2.36 | $3.19 |
| Shares outstanding (diluted) | 88.3 | 90.5 | 92.8 | 94.3 | 95.7 | 96.0 | 96.9 | 96.9 |
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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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