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 | 4,245.4 | 4,583.5 | 2,814.2 | 2,669.9 | 2,660.5 | 2,702.5 | 2,963.3 | 3,278.4 |
| Revenue growth | -7.4% | 62.9% | 5.4% | 0.4% | -1.6% | -8.8% | -9.6% | 3.8% |
| Cost of goods sold | 2,165.9 | 2,348.4 | 1,142.0 | 1,025.8 | 1,964.6 | 2,039.1 | 2,141.0 | 2,371.6 |
| Gross profit | 2,079.5 | 2,235.0 | 1,672.2 | 1,644.1 | 695.8 | 663.4 | 822.3 | 906.8 |
| Gross margin | 49.0% | 48.8% | 59.4% | 61.6% | 26.2% | 24.5% | 27.7% | 27.7% |
| General and administrative | 186.5 | 194.9 | 153.1 | 142.6 | 163.4 | 171.1 | 168.9 | 166.1 |
| EBITA | 449.7 | 673.2 | 275.0 | 193.9 | 116.1 | 1.1 | 105.0 | 165.4 |
| EBITA margin | 10.6% | 14.7% | 9.8% | 7.3% | 4.4% | 0.0% | 3.5% | 5.0% |
| Amortization of intangibles | 65.9 | 102.7 | 1.1 | 0.7 | 0.7 | 4.9 | 2.2 | 3.3 |
| EBIT | 383.8 | 570.5 | 273.9 | 193.1 | 115.5 | -3.8 | 102.8 | 162.1 |
| EBIT margin | 9.0% | 12.4% | 9.7% | 7.2% | 4.3% | -0.1% | 3.5% | 4.9% |
| Pre-tax income | 61.5 | 194.3 | 222.8 | 223.8 | 13.8 | -110.2 | -113.3 | -1,056.6 |
| Income taxes | 49.1 | 59.4 | 14.7 | 50.2 | 5.3 | -116.9 | -8.1 | -103.1 |
| Tax rate | 79.9% | 30.6% | 6.6% | 22.4% | 38.6% | 106.0% | 7.1% | 9.8% |
| Net income | 12.4 | 134.9 | 208.1 | 173.5 | 8.5 | 6.7 | -105.2 | -953.5 |
| Net margin | 0.3% | 2.9% | 7.4% | 6.5% | 0.3% | 0.2% | -3.5% | -29.1% |
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| Diluted EPS | $0.21 | $2.02 | $3.73 | $3.10 | $0.16 | $0.12 | ($1.98) | ($17.97) |
| Shares outstanding (diluted) | 59.0 | 66.8 | 55.8 | 56.0 | 54.5 | 53.8 | 53.1 | 53.1 |
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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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