Financial Summary (All financials)
| In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
| Revenues | 2,297.5 | 2,004.4 | 1,832.7 | 2,392.1 | 2,136.9 | 1,868.7 | 1,695.4 | 1,516.3 |
| Revenue growth | 14.6% | 9.4% | -23.4% | 11.9% | 14.4% | 10.2% | 11.8% | 14.7% |
| Cost of goods sold | 1,579.0 | 1,387.3 | 1,279.5 | 1,636.0 | 1,475.3 | 1,298.3 | 1,195.3 | 1,085.2 |
| Gross profit | 718.5 | 617.0 | 553.2 | 756.1 | 661.5 | 570.3 | 500.1 | 431.1 |
| Gross margin | 31.3% | 30.8% | 30.2% | 31.6% | 31.0% | 30.5% | 29.5% | 28.4% |
| Selling, general and administrative | 428.7 | 396.3 | 367.0 | 423.7 | 371.9 | 323.6 | 296.1 | 287.0 |
| Research and development | | | | | | | | |
| EBITA | 324.7 | 251.0 | 212.1 | 332.4 | 289.7 | 246.8 | 204.0 | 131.1 |
| EBITA margin | 14.1% | 12.5% | 11.6% | 13.9% | 13.6% | 13.2% | 12.0% | 8.6% |
| Amortization of intangibles | 34.9 | 30.3 | 25.8 | | | | | |
| EBIT | 289.8 | 220.8 | 186.2 | 332.4 | 289.7 | 246.8 | 204.0 | 131.1 |
| EBIT margin | 12.6% | 11.0% | 10.2% | 13.9% | 13.6% | 13.2% | 12.0% | 8.6% |
| Pre-tax income | 258.5 | 185.3 | 140.4 | 418.2 | 263.9 | 233.4 | 175.9 | 127.8 |
| Income taxes | 68.4 | 47.6 | 39.5 | 152.6 | 80.2 | 58.3 | 62.5 | 34.6 |
| Tax rate | 26.4% | 25.7% | 28.1% | 36.5% | 30.4% | 25.0% | 35.5% | 27.0% |
| Earnings from continuing ops | 190.2 | 145.6 | 107.9 | 265.3 | 183.7 | 175.1 | 113.4 | 93.3 |
| Earnings from discontinued ops | | | | | -0.5 | | | |
| Net income | 190.2 | 145.6 | 107.9 | 265.3 | 183.2 | 175.1 | 113.4 | 93.3 |
| Net margin | 8.3% | 7.3% | 5.9% | 11.1% | 8.6% | 9.4% | 6.7% | 6.2% |
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| Diluted EPS | $3.60 | $2.76 | $2.04 | $4.64 | $3.13 | $2.85 | $1.86 | $1.57 |
| Shares outstanding (diluted) | 52.8 | 52.8 | 53.0 | 57.2 | 58.7 | 61.4 | 61.1 | 59.4 |
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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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