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 |
| Revenues | 3,805.9 | 3,075.0 | 1,900.0 | 1,131.3 | 1,218.2 | 1,010.5 | 751.3 |
| Revenue growth | 23.8% | 61.8% | 68.0% | -7.1% | 20.6% | 34.5% | |
| Cost of goods sold | 2,907.3 | 2,331.7 | 1,490.8 | 754.1 | 801.2 | 690.4 | 556.1 |
| Gross profit | 898.7 | 743.3 | 409.2 | 377.1 | 417.0 | 320.1 | 195.3 |
| Gross margin | 23.6% | 24.2% | 21.5% | 33.3% | 34.2% | 31.7% | 26.0% |
| Selling, general and administrative | 592.3 | 570.4 | 463.8 | 274.3 | 264.0 | 221.4 | 204.4 |
| EBITA | 455.4 | 347.1 | -9.4 | 154.2 | 204.9 | 152.4 | 46.9 |
| EBITA margin | 12.0% | 11.3% | -0.5% | 13.6% | 16.8% | 15.1% | 6.2% |
| Amortization of intangibles | 87.3 | 87.4 | 70.9 | 51.4 | 51.9 | 53.7 | 56.0 |
| EBIT | 368.1 | 259.7 | -80.3 | 102.8 | 153.0 | 98.7 | -9.1 |
| EBIT margin | 9.7% | 8.4% | -4.2% | 9.1% | 12.6% | 9.8% | -1.2% |
| Pre-tax income | 196.8 | 152.7 | -762.7 | 59.2 | 121.4 | 88.4 | -18.9 |
| Income taxes | 40.2 | 38.4 | -20.4 | 6.2 | 28.2 | -22.2 | -8.0 |
| Tax rate | 20.4% | 25.2% | 2.7% | 10.5% | 23.2% | | 42.5% |
| Net income | 155.0 | 113.3 | -743.9 | 52.2 | 92.7 | 109.6 | -12.8 |
| Net margin | 4.1% | 3.7% | -39.2% | 4.6% | 7.6% | 10.8% | -1.7% |
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| Diluted EPS | $0.75 | $0.54 | ($5.01) | $0.67 | $1.19 | $1.41 | ($0.16) |
| Shares outstanding (diluted) | 207.3 | 208.3 | 148.4 | 77.6 | 77.7 | 77.9 | 77.3 |
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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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