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 | 3,835.0 | 2,335.0 | 894.0 | 1,838.0 | 1,999.0 | 1,711.0 | 1,583.0 | 1,475.0 |
| Revenue growth | 64.2% | 161.2% | -51.4% | -8.1% | 16.8% | 8.1% | 7.3% | 12.0% |
| Cost of goods sold | 2,751.0 | 1,666.0 | 793.0 | 1,523.0 | 1,412.0 | 1,241.0 | 1,144.0 | 389.0 |
| Gross profit | 1,084.0 | 669.0 | 101.0 | 315.0 | 587.0 | 470.0 | 439.0 | 1,086.0 |
| Gross margin | 28.3% | 28.7% | 11.3% | 17.1% | 29.4% | 27.5% | 27.7% | 73.6% |
| Selling, general and administrative | | | | 0.0 | | | | |
| Sales and marketing | | | | 0.0 | | | | 541.0 |
| General and administrative | 212.0 | 151.0 | 92.0 | 0.0 | 120.0 | 104.0 | 92.0 | 57.0 |
| EBITA | 833.0 | 492.0 | -16.0 | 285.0 | 444.0 | 350.0 | 309.0 | 304.0 |
| EBITA margin | 21.7% | 21.1% | -1.8% | 15.5% | 22.2% | 20.5% | 19.5% | 20.6% |
| Amortization of intangibles | 192.0 | 90.0 | 15.0 | 9.0 | 10.0 | 12.0 | 12.0 | 12.0 |
| EBIT | 641.0 | 402.0 | -31.0 | 276.0 | 434.0 | 338.0 | 297.0 | 292.0 |
| EBIT margin | 16.7% | 17.2% | -3.5% | 15.0% | 21.7% | 19.8% | 18.8% | 19.8% |
| Pre-tax income | 481.0 | 269.0 | -280.0 | 273.0 | 403.0 | 311.0 | 293.0 | 292.0 |
| Income taxes | 129.0 | 93.0 | -79.0 | 57.0 | 105.0 | -16.0 | -125.0 | -118.0 |
| Tax rate | 26.8% | 34.6% | 28.2% | 20.9% | 26.1% | | | |
| Earnings from continuing ops | 352.0 | 176.0 | -201.0 | 216.0 | 298.0 | 327.0 | 167.6 | 174.1 |
| Earnings from discontinued ops | | | | 215.7 | | 326.8 | | |
| Net income | 352.0 | 176.0 | -201.0 | 216.0 | 298.0 | 327.0 | 167.6 | 174.1 |
| Net margin | 9.2% | 7.5% | -22.5% | 11.8% | 14.9% | 19.1% | 10.6% | 11.8% |
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| Diluted EPS | $2.93 | $1.74 | ($2.36) | $2.42 | $3.04 | $3.28 | $1.69 | $1.76 |
| Shares outstanding (diluted) | 120.0 | 101.0 | 85.0 | 89.3 | 97.9 | 99.6 | 99.0 | 99.0 |
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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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