Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 2,831.6 | 2,146.9 | 1,839.9 | 1,717.4 | 1,599.1 | 1,509.1 | 1,399.8 | 1,421.4 |
| Revenue growth | 31.9% | 16.7% | 7.1% | 7.4% | 6.0% | 7.8% | -1.5% | 3.9% |
| Cost of goods sold | 1,655.8 | 1,379.1 | 1,234.2 | 1,172.0 | 1,086.2 | 1,007.7 | 944.0 | 973.6 |
| Gross profit | 1,175.8 | 767.8 | 605.7 | 545.4 | 512.9 | 501.4 | 455.8 | 447.8 |
| Gross margin | 41.5% | 35.8% | 32.9% | 31.8% | 32.1% | 33.2% | 32.6% | 31.5% |
| Selling, general and administrative | 362.8 | 302.0 | 272.7 | 262.9 | 246.0 | 239.6 | 233.0 | 228.7 |
| Research and development | 52.8 | 46.9 | 38.9 | 40.3 | 39.1 | 36.8 | 34.1 | 37.3 |
| EBITA | 778.5 | 432.1 | 313.8 | 259.7 | 237.4 | 232.4 | 137.9 | 192.2 |
| EBITA margin | 27.5% | 20.1% | 17.1% | 15.1% | 14.8% | 15.4% | 9.9% | 13.5% |
| Amortization of intangibles | 5.4 | 4.4 | 3.4 | 2.7 | 2.4 | 2.6 | 3.5 | 4.9 |
| EBIT | 773.1 | 427.7 | 310.4 | 257.0 | 235.0 | 229.8 | 134.4 | 187.3 |
| EBIT margin | 27.3% | 19.9% | 16.9% | 15.0% | 14.7% | 15.2% | 9.6% | 13.2% |
| Pre-tax income | 748.9 | 401.3 | 291.8 | 240.7 | 222.4 | 189.8 | 116.1 | 169.0 |
| Income taxes | 107.2 | 72.5 | 59.0 | 41.4 | 80.9 | 54.4 | 26.3 | 47.2 |
| Tax rate | 14.3% | 18.1% | 20.2% | 17.2% | 36.4% | 28.7% | 22.7% | 27.9% |
| Net income | 661.8 | 346.2 | 241.7 | 206.9 | 150.7 | 143.6 | 95.6 | 127.1 |
| Net margin | 23.4% | 16.1% | 13.1% | 12.0% | 9.4% | 9.5% | 6.8% | 8.9% |
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| Diluted EPS | $8.67 | $4.57 | $3.21 | $2.74 | $1.99 | $1.91 | $1.30 | $1.75 |
| Shares outstanding (diluted) | 76.3 | 75.8 | 75.4 | 75.4 | 75.8 | 75.0 | 73.8 | 72.8 |
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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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