Financial Summary (All financials)
| In millions, except per share items | May-31-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 | May-31-17 | May-31-16 | May-31-15 |
| Revenues | 6,707.7 | 6,106.3 | 5,507.0 | 5,564.6 | 5,321.6 | 4,958.2 | 4,813.6 | 4,594.6 |
| Revenue growth | 9.8% | 10.9% | -1.0% | 4.6% | 7.3% | 3.0% | 4.8% | 5.0% |
| Cost of goods sold | 4,274.7 | 3,701.1 | 3,414.1 | 3,476.2 | 3,305.1 | 2,792.5 | 2,726.6 | 2,707.0 |
| Gross profit | 2,433.1 | 2,405.2 | 2,092.9 | 2,088.3 | 2,016.5 | 2,165.7 | 2,087.0 | 1,887.6 |
| Gross margin | 36.3% | 39.4% | 38.0% | 37.5% | 37.9% | 43.7% | 43.4% | 41.1% |
| Selling, general and administrative | 0.0 | 0.0 | 0.0 | 1,596.0 | 1,498.5 | 1,643.5 | 1,521.0 | 1,422.9 |
| EBITA | 646.8 | 708.3 | 450.5 | 538.1 | 581.7 | 578.1 | 616.9 | 569.9 |
| EBITA margin | 9.6% | 11.6% | 8.2% | 9.7% | 10.9% | 11.7% | 12.8% | 12.4% |
| Amortization of intangibles | 45.7 | 44.3 | 45.6 | 45.1 | 43.2 | 41.9 | 40.5 | 32.9 |
| EBIT | 601.1 | 664.0 | 404.9 | 493.0 | 538.5 | 536.2 | 576.4 | 537.0 |
| EBIT margin | 9.0% | 10.9% | 7.4% | 8.9% | 10.1% | 10.8% | 12.0% | 11.7% |
| Pre-tax income | 606.8 | 668.4 | 407.8 | 339.8 | 417.0 | 244.3 | 483.5 | 453.3 |
| Income taxes | 114.3 | 164.9 | 102.7 | 72.2 | 77.8 | 59.7 | 126.0 | 224.9 |
| Tax rate | 18.8% | 24.7% | 25.2% | 21.2% | 18.7% | 24.4% | 26.1% | 49.6% |
| Net income | 491.5 | 502.6 | 304.4 | 266.6 | 337.8 | 181.8 | 354.7 | 239.5 |
| Net margin | 7.3% | 8.2% | 5.5% | 4.8% | 6.3% | 3.7% | 7.4% | 5.2% |
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| Diluted EPS | $3.79 | $3.90 | $2.34 | $1.98 | $2.46 | $1.35 | $2.59 | $1.78 |
| Shares outstanding (diluted) | 129.6 | 128.9 | 130.0 | 134.3 | 137.2 | 135.2 | 136.7 | 134.9 |
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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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