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 | 2,453.2 | 2,283.5 | 1,857.5 | 1,351.4 | 1,157.4 | 877.0 | 818.8 | 654.2 |
| Revenue growth | 7.4% | 22.9% | 37.4% | 16.8% | 32.0% | 7.1% | 25.2% | 31.2% |
| Cost of goods sold | 1,233.8 | 1,106.2 | 929.7 | 701.8 | 610.4 | 553.6 | 517.4 | 465.9 |
| Gross profit | 1,219.4 | 1,177.3 | 927.7 | 649.6 | 547.0 | 323.4 | 301.4 | 188.3 |
| Gross margin | 49.7% | 51.6% | 49.9% | 48.1% | 47.3% | 36.9% | 36.8% | 28.8% |
| Selling, general and administrative | 623.2 | 595.1 | 497.7 | 449.9 | 75.0 | 96.7 | 56.3 | 112.7 |
| EBITA | 534.3 | 605.6 | 379.6 | 159.7 | 189.1 | 60.7 | 152.0 | 43.3 |
| EBITA margin | 21.8% | 26.5% | 20.4% | 11.8% | 16.3% | 6.9% | 18.6% | 6.6% |
| Amortization of intangibles | 98.5 | 103.6 | 56.7 | 44.3 | 26.3 | 22.3 | 22.7 | 17.0 |
| EBIT | 435.9 | 502.1 | 322.8 | 115.3 | 162.8 | 38.4 | 129.3 | 26.3 |
| EBIT margin | 17.8% | 22.0% | 17.4% | 8.5% | 14.1% | 4.4% | 15.8% | 4.0% |
| Pre-tax income | 276.5 | 187.1 | 209.0 | 1.0 | 92.7 | -32.1 | 93.2 | -111.8 |
| Income taxes | 80.6 | 71.2 | 55.5 | 2.9 | 22.8 | -20.1 | 33.3 | -37.9 |
| Tax rate | 29.1% | 38.1% | 26.5% | 290.5% | 24.6% | 62.5% | 35.7% | 33.9% |
| Net income | 145.6 | 73.3 | 269.3 | -18.4 | 20.4 | -13.1 | 67.2 | -82.5 |
| Net margin | 5.9% | 3.2% | 14.5% | -1.4% | 1.8% | -1.5% | 8.2% | -12.6% |
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| Diluted EPS | $1.67 | $0.83 | $3.29 | ($0.23) | $0.25 | ($0.16) | $0.80 | ($1.07) |
| Shares outstanding (diluted) | 87.3 | 88.0 | 81.8 | 80.8 | 81.9 | 82.1 | 83.6 | 77.4 |
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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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