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 | 11,076.1 | 9,903.6 | 8,797.1 | 9,174.6 | 8,130.6 | 7,687.0 | 7,551.5 | 6,718.7 |
| Revenue growth | 11.8% | 12.6% | -4.1% | 12.8% | 5.8% | 1.8% | 12.4% | 4.6% |
| Cost of goods sold | 9,472.5 | 8,401.8 | 7,401.7 | 7,818.7 | 6,925.2 | 6,540.0 | 6,513.7 | 5,774.2 |
| Gross profit | 1,603.6 | 1,501.7 | 1,395.4 | 1,355.9 | 1,205.5 | 1,147.0 | 1,037.9 | 944.5 |
| Gross margin | 14.5% | 15.2% | 15.9% | 14.8% | 14.8% | 14.9% | 13.7% | 14.1% |
| Selling, general and administrative | 1,038.7 | 970.9 | 903.6 | 893.5 | 799.2 | 758.7 | 727.1 | 656.6 |
| EBITA | 626.2 | 594.9 | 551.7 | 510.6 | 448.7 | 436.9 | 351.7 | 325.8 |
| EBITA margin | 5.7% | 6.0% | 6.3% | 5.6% | 5.5% | 5.7% | 4.7% | 4.8% |
| Amortization of intangibles | 61.3 | 64.1 | 60.0 | 48.1 | 42.4 | 48.6 | 40.9 | 37.9 |
| EBIT | 564.9 | 530.8 | 491.8 | 462.4 | 406.3 | 388.3 | 310.8 | 287.9 |
| EBIT margin | 5.1% | 5.4% | 5.6% | 5.0% | 5.0% | 5.1% | 4.1% | 4.3% |
| Pre-tax income | 558.8 | 529.3 | 252.3 | 450.9 | 395.0 | 318.7 | 296.5 | 278.8 |
| Income taxes | 152.6 | 145.6 | 119.4 | 125.7 | 109.1 | 90.7 | 111.2 | 106.3 |
| Tax rate | 27.3% | 27.5% | 47.3% | 27.9% | 27.6% | 28.5% | 37.5% | 38.1% |
| Earnings from continuing ops | 406.1 | 383.5 | 132.9 | 325.1 | 2.3 | 0.9 | 370.4 | 344.9 |
| Earnings from discontinued ops | | | | | -2.3 | -0.9 | -3.1 | -0.1 |
| Net income | 406.1 | 383.5 | 132.9 | 325.1 | 0.0 | 0.0 | 367.2 | 344.9 |
| Net margin | 3.7% | 3.9% | 1.5% | 3.5% | 0.0% | 0.0% | 4.9% | 5.1% |
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| Diluted EPS | $8.10 | $7.06 | $2.40 | $5.75 | $0.04 | $0.01 | $6.05 | $5.45 |
| Shares outstanding (diluted) | 50.1 | 54.3 | 55.4 | 56.5 | 58.4 | 59.6 | 61.2 | 63.3 |
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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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