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 | 4,535.5 | 4,200.2 | 3,690.9 | 3,683.2 | 3,488.9 | 3,347.0 | 5,836.6 | 3,061.4 |
| Revenue growth | 8.0% | 13.8% | 0.2% | 5.6% | 4.2% | -42.7% | 90.7% | -14.1% |
| Cost of goods sold | 3,461.9 | 3,235.8 | 2,877.3 | 2,832.1 | 2,703.3 | 2,608.2 | 2,391.7 | 2,443.7 |
| Gross profit | 1,073.6 | 964.4 | 813.6 | 851.1 | 785.6 | 738.8 | 3,444.9 | 617.7 |
| Gross margin | 23.7% | 23.0% | 22.0% | 23.1% | 22.5% | 22.1% | 59.0% | 20.2% |
| Selling, general and administrative | 687.0 | 629.7 | 584.5 | 604.9 | 509.2 | 468.2 | 424.3 | 451.9 |
| EBITA | 413.3 | 402.4 | 248.6 | 264.6 | 165.7 | 282.3 | 188.1 | 100.6 |
| EBITA margin | 9.1% | 9.6% | 6.7% | 7.2% | 4.7% | 8.4% | 3.2% | 3.3% |
| Amortization of intangibles | 52.0 | 47.7 | 35.1 | 27.8 | 17.7 | 8.4 | 3.6 | 4.2 |
| EBIT | 361.3 | 354.7 | 213.5 | 236.8 | 148.0 | 273.9 | 184.5 | 96.4 |
| EBIT margin | 8.0% | 8.4% | 5.8% | 6.4% | 4.2% | 8.2% | 3.2% | 3.1% |
| Pre-tax income | 226.2 | 235.5 | 79.3 | 93.5 | 42.5 | 181.5 | 125.0 | 41.1 |
| Income taxes | 41.4 | 120.3 | 56.6 | 61.0 | 70.0 | 157.7 | 78.5 | 66.5 |
| Tax rate | 18.3% | 51.1% | 71.4% | 65.2% | 164.7% | 86.9% | 62.8% | 161.8% |
| Earnings from continuing ops | 358.3 | 103.1 | 39.5 | 28.3 | -33.3 | 40.7 | 82.7 | -9.1 |
| Earnings from discontinued ops | -2.9 | 2.1 | -0.8 | 0.7 | | -0.2 | -1.7 | -2.8 |
| Net income | 355.4 | 105.2 | 38.7 | 29.0 | -33.3 | 40.5 | 81.0 | -11.9 |
| Net margin | 7.8% | 2.5% | 1.0% | 0.8% | -1.0% | 1.2% | 1.4% | -0.4% |
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| Diluted EPS | $7.50 | $2.06 | $0.78 | $0.55 | ($0.65) | $0.79 | $1.63 | ($0.18) |
| Shares outstanding (diluted) | 47.8 | 50.1 | 50.8 | 51.1 | 50.9 | 51.8 | 50.6 | 49.3 |
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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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