Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| Revenues | 1,577.7 | 1,577.7 | 1,324.7 | 1,324.7 | 1,502.4 | 2,355.7 | 2,189.1 | 1,973.3 |
| Revenue growth | 19.1% | 19.1% | -11.8% | | -36.2% | 7.6% | 10.9% | -1.5% |
| Cost of goods sold | 1,220.6 | 1,220.6 | 1,074.6 | 1,074.6 | 1,262.7 | 1,715.3 | 1,608.3 | 1,421.5 |
| Gross profit | 357.1 | 357.1 | 250.1 | 250.1 | 239.7 | 640.4 | 580.8 | 551.8 |
| Gross margin | 22.6% | 22.6% | 18.9% | 18.9% | 16.0% | 27.2% | 26.5% | 28.0% |
| Selling, general and administrative | -1.6 | 148.0 | 0.0 | 135.0 | 0.0 | 0.0 | 146.0 | 151.8 |
| Research and development | | | | | | | 55.9 | 49.4 |
| EBITA | 155.3 | 167.1 | 257.1 | 51.8 | 239.7 | 640.4 | 376.8 | 353.9 |
| EBITA margin | 9.8% | 10.6% | 19.4% | 3.9% | 16.0% | 27.2% | 17.2% | 17.9% |
| Amortization of intangibles | 6.8 | | 7.0 | | | | | |
| EBIT | 148.5 | 167.1 | 250.1 | 51.8 | 239.7 | 640.4 | 376.8 | 353.9 |
| EBIT margin | 9.4% | 10.6% | 18.9% | 3.9% | 16.0% | 27.2% | 17.2% | 17.9% |
| Pre-tax income | 149.8 | 157.9 | 22.0 | 22.0 | -27.7 | 379.7 | 333.5 | 323.2 |
| Income taxes | 31.6 | 31.6 | 5.9 | 5.9 | -61.0 | 76.8 | 62.5 | 42.5 |
| Tax rate | 21.1% | 20.0% | 26.8% | 26.8% | 220.2% | 20.2% | 18.7% | 13.1% |
| Net income | 126.3 | 126.3 | 16.1 | 16.1 | 31.7 | 306.6 | 276.6 | 284.0 |
| Net margin | 8.0% | 8.0% | 1.2% | 1.2% | 2.1% | 13.0% | 12.6% | 14.4% |
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| Diluted EPS | $1.49 | $1.49 | $0.19 | $0.19 | $0.38 | $3.57 | $3.11 | $3.09 |
| Shares outstanding (diluted) | 85.0 | 85.0 | 84.6 | 84.6 | 84.0 | 85.8 | 89.0 | 91.9 |
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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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