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 | 5,082.0 | 1,898.0 | 1,865.0 | 1,695.8 | 1,580.6 | 1,556.2 | 1,288.8 | 1,371.3 |
| Revenue growth | 167.8% | 1.8% | 10.0% | 7.3% | 1.6% | 20.7% | -6.0% | 30.3% |
| Cost of goods sold | 1,779.0 | 876.0 | 839.0 | 111.2 | 109.2 | 104.7 | 102.6 | 98.2 |
| Gross profit | 3,303.0 | 1,022.0 | 1,026.0 | 1,584.6 | 1,471.4 | 1,451.5 | 1,186.2 | 1,273.1 |
| Gross margin | 65.0% | 53.8% | 55.0% | 93.4% | 93.1% | 93.3% | 92.0% | 92.8% |
| Selling, general and administrative | | | | 783.9 | 748.8 | 694.1 | 630.6 | 635.7 |
| Sales and marketing | 53.0 | 10.0 | 10.0 | | | | | |
| General and administrative | 57.0 | 20.0 | 17.0 | 671.6 | 645.9 | 596.6 | 443.7 | |
| EBITA | 2,054.0 | 742.0 | 650.0 | 824.6 | 560.3 | 722.8 | 384.0 | 412.4 |
| EBITA margin | 40.4% | 39.1% | 34.9% | 48.6% | 35.4% | 46.4% | 29.8% | 30.1% |
| Amortization of intangibles | 23.0 | 12.0 | 15.0 | 23.9 | 23.6 | 22.8 | 21.8 | 22.9 |
| EBIT | 2,031.0 | 730.0 | 635.0 | 800.7 | 536.6 | 699.9 | 362.2 | 389.5 |
| EBIT margin | 40.0% | 38.5% | 34.0% | 47.2% | 34.0% | 45.0% | 28.1% | 28.4% |
| Pre-tax income | 1,362.0 | 701.0 | 618.0 | 592.0 | 503.6 | 543.7 | 351.1 | 332.4 |
| Income taxes | 264.0 | 154.0 | 126.0 | 134.7 | 103.3 | 219.9 | 125.6 | 122.0 |
| Tax rate | 19.4% | 22.0% | 20.4% | 22.7% | 20.5% | 40.5% | 35.8% | 36.7% |
| Net income | 1,048.0 | 529.0 | 478.0 | 457.4 | 400.3 | 323.8 | 225.5 | 210.4 |
| Net margin | 20.6% | 27.9% | 25.6% | 27.0% | 25.3% | 20.8% | 17.5% | 15.3% |
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| Diluted EPS | $67.40 | $53.89 | $47.53 | $41.05 | $33.53 | $26.96 | $18.77 | $17.52 |
| Shares outstanding (diluted) | 15.5 | 9.8 | 10.1 | 11.1 | 11.9 | 12.0 | 12.0 | 12.0 |
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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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