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 | 4,417.7 | 3,886.8 | 3,076.4 | 4,353.1 | 4,517.2 | 3,793.7 | 4,443.1 | 5,021.7 |
| Revenue growth | 13.7% | 26.3% | -29.3% | -3.6% | 19.1% | -14.6% | -11.5% | -8.4% |
| Cost of goods sold | 3,546.5 | 3,129.4 | 2,537.1 | 3,465.3 | 3,555.3 | 3,026.4 | 3,730.7 | 4,050.5 |
| Gross profit | 871.2 | 757.4 | 539.3 | 887.8 | 961.9 | 767.3 | 712.4 | 971.2 |
| Gross margin | 19.7% | 19.5% | 17.5% | 20.4% | 21.3% | 20.2% | 16.0% | 19.3% |
| Selling, general and administrative | 451.2 | 429.4 | 470.9 | 552.8 | 549.4 | 539.1 | 678.2 | 647.5 |
| EBITA | 420.0 | 330.2 | 70.2 | 336.8 | 414.3 | 230.0 | 37.1 | 326.7 |
| EBITA margin | 9.5% | 8.5% | 2.3% | 7.7% | 9.2% | 6.1% | 0.8% | 6.5% |
| Amortization of intangibles | | 2.2 | 1.8 | 1.8 | 1.8 | 1.8 | 2.9 | 3.0 |
| EBIT | 420.0 | 328.0 | 68.4 | 335.0 | 412.5 | 228.2 | 34.2 | 323.7 |
| EBIT margin | 9.5% | 8.4% | 2.2% | 7.7% | 9.1% | 6.0% | 0.8% | 6.4% |
| Pre-tax income | 366.6 | 263.8 | 11.0 | 247.5 | 287.1 | 163.4 | -270.7 | 195.7 |
| Income taxes | 66.4 | 46.3 | 2.0 | 37.8 | 45.4 | 52.4 | -77.4 | 67.5 |
| Tax rate | 18.1% | 17.6% | 18.2% | 15.3% | 15.8% | 32.1% | 28.6% | 34.5% |
| Earnings from continuing ops | 300.2 | -3.4 | 19.2 | -0.1 | -2.4 | -67.3 | -372.3 | 145.6 |
| Earnings from discontinued ops | 0.0 | 3.4 | -19.2 | 0.1 | 2.4 | 67.3 | 3.5 | 3.4 |
| Net income | 300.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -368.8 | 149.0 |
| Net margin | 6.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -8.3% | 3.0% |
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| Diluted EPS | $4.33 | ($47.95) | $273.89 | ($1.39) | ($31.21) | ($709.17) | ($3.45) | $1.33 |
| Shares outstanding (diluted) | 69.4 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 107.9 | 109.6 |
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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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