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 | 5,146.7 | 5,072.6 | 4,280.2 | 4,752.5 | 4,269.5 | 3,943.8 | 3,749.9 | 3,917.2 |
| Revenue growth | 1.5% | 18.5% | -9.9% | 11.3% | 8.3% | 5.2% | -4.3% | 3.6% |
| Cost of goods sold | 4,169.9 | 4,034.3 | 3,376.1 | 3,728.5 | 3,380.8 | 3,061.4 | 2,848.2 | 2,994.0 |
| Gross profit | 976.8 | 1,038.3 | 904.1 | 1,024.0 | 888.7 | 882.4 | 901.7 | 923.2 |
| Gross margin | 19.0% | 20.5% | 21.1% | 21.5% | 20.8% | 22.4% | 24.0% | 23.6% |
| Selling, general and administrative | 427.3 | 422.1 | 424.4 | 469.7 | 425.1 | 400.5 | 395.7 | 416.9 |
| EBITA | 549.5 | 616.2 | 479.7 | 552.9 | 462.8 | 481.9 | 506.0 | 513.1 |
| EBITA margin | 10.7% | 12.1% | 11.2% | 11.6% | 10.8% | 12.2% | 13.5% | 13.1% |
| Amortization of intangibles | 66.8 | 67.5 | 65.2 | 63.3 | 20.5 | 20.7 | 19.9 | 20.8 |
| EBIT | 482.7 | 548.7 | 414.5 | 489.6 | 442.3 | 461.2 | 486.1 | 492.3 |
| EBIT margin | 9.4% | 10.8% | 9.7% | 10.3% | 10.4% | 11.7% | 13.0% | 12.6% |
| Pre-tax income | 403.6 | 522.1 | 327.9 | 403.5 | 384.4 | 432.0 | 487.1 | 449.8 |
| Income taxes | 93.7 | 119.5 | 74.8 | 89.4 | 78.3 | 138.4 | 120.0 | 121.8 |
| Tax rate | 23.2% | 22.9% | 22.8% | 22.2% | 20.4% | 32.0% | 24.6% | 27.1% |
| Net income | 309.8 | 402.4 | 253.0 | 314.0 | 305.9 | 586.2 | 385.8 | 325.1 |
| Net margin | 6.0% | 7.9% | 5.9% | 6.6% | 7.2% | 14.9% | 10.3% | 8.3% |
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| Diluted EPS | $2.27 | $2.94 | $1.86 | $2.32 | $2.26 | $4.27 | $2.76 | $2.28 |
| Shares outstanding (diluted) | 136.5 | 136.7 | 135.9 | 135.4 | 135.2 | 137.3 | 140.0 | 142.9 |
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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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