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 | 2,769.2 | 3,404.5 | 3,625.2 | 4,763.2 | 5,571.3 | 5,715.6 | 5,795.1 | 6,160.5 |
| Revenue growth | -18.7% | -6.1% | -23.9% | -14.5% | -2.5% | -1.4% | -5.9% | -19.4% |
| Cost of goods sold | 1,186.2 | 1,439.1 | 1,588.6 | 2,010.1 | 2,364.0 | 2,203.3 | 2,257.0 | 2,445.4 |
| Gross profit | 1,583.0 | 1,965.4 | 2,036.6 | 2,753.1 | 3,207.3 | 3,512.3 | 3,538.1 | 3,715.1 |
| Gross margin | 57.2% | 57.7% | 56.2% | 57.8% | 57.6% | 61.5% | 61.1% | 60.3% |
| Selling, general and administrative | 1,705.4 | 2,001.4 | 2,152.9 | 2,627.5 | 2,972.1 | 3,231.0 | 3,136.9 | 3,543.2 |
| EBITA | -54.4 | 32.7 | -74.0 | 317.2 | 442.3 | 311.0 | 431.8 | 208.2 |
| EBITA margin | -2.0% | 1.0% | -2.0% | 6.7% | 7.9% | 5.4% | 7.5% | 3.4% |
| Amortization of intangibles | 19.8 | 22.4 | 24.5 | 24.8 | 26.6 | 29.7 | 30.6 | 32.1 |
| EBIT | -74.2 | 10.3 | -98.5 | 292.4 | 415.7 | 281.3 | 401.2 | 176.1 |
| EBIT margin | -2.7% | 0.3% | -2.7% | 6.1% | 7.5% | 4.9% | 6.9% | 2.9% |
| Pre-tax income | -317.3 | -158.8 | -303.6 | 138.4 | 108.1 | 120.7 | 31.2 | 22.7 |
| Income taxes | 37.4 | 16.2 | 34.0 | 103.1 | 129.9 | 100.7 | 124.6 | 819.2 |
| Tax rate | | | | 74.5% | 120.2% | 83.4% | 399.4% | 3608.8% |
| Earnings from continuing ops | -354.9 | -173.6 | -334.9 | 71.6 | -19.5 | 22.0 | -93.6 | -799.8 |
| Earnings from discontinued ops | -73.2 | -18.5 | -27.9 | -36.6 | | | -14.0 | -349.1 |
| Net income | -428.1 | -192.1 | -362.8 | 35.0 | -19.5 | 22.0 | -107.6 | -1,148.9 |
| Net margin | -15.5% | -5.6% | -10.0% | 0.7% | -0.4% | 0.4% | -1.9% | -18.6% |
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| Diluted EPS | | | | | ($0.04) | $0.05 | ($0.21) | ($1.84) |
| Shares outstanding (diluted) | | | | | 441.9 | 439.7 | 437.0 | 435.2 |
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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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