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 | 1,862.4 | 1,332.3 | 1,176.2 | 1,088.4 | 958.8 | 761.8 | 709.5 | 626.0 |
| Revenue growth | 39.8% | 13.3% | 8.1% | 13.5% | 25.9% | 7.4% | 13.3% | 13.7% |
| Cost of goods sold | 185.1 | 508.0 | 462.2 | 445.6 | 442.6 | 355.6 | 330.4 | 312.3 |
| Gross profit | 1,677.3 | 824.3 | 714.0 | 642.7 | 516.2 | 406.2 | 379.1 | 313.7 |
| Gross margin | 90.1% | 61.9% | 60.7% | 59.1% | 53.8% | 53.3% | 53.4% | 50.1% |
| Selling, general and administrative | 94.4 | | | | | | | 9.0 |
| Research and development | | 11.4 | 10.7 | 9.9 | 12.1 | 9.9 | 10.0 | 8.3 |
| General and administrative | | 29.0 | 25.1 | 19.1 | 18.8 | 10.8 | 10.5 | |
| EBITA | 818.5 | 656.4 | 541.4 | 521.2 | 347.5 | 262.7 | 245.0 | 88.2 |
| EBITA margin | 43.9% | 49.3% | 46.0% | 47.9% | 36.2% | 34.5% | 34.5% | 14.1% |
| Amortization of intangibles | 37.8 | 21.8 | 24.6 | 18.1 | 18.4 | 10.0 | 11.3 | 9.2 |
| EBIT | 780.7 | 634.6 | 516.8 | 503.1 | 329.1 | 252.6 | 233.7 | 79.0 |
| EBIT margin | 41.9% | 47.6% | 43.9% | 46.2% | 34.3% | 33.2% | 32.9% | 12.6% |
| Pre-tax income | 780.7 | 640.7 | 530.1 | 456.8 | 329.7 | 252.7 | 233.4 | 126.9 |
| Income taxes | 211.8 | 166.9 | 139.5 | 147.0 | 68.3 | 90.8 | 65.2 | 23.9 |
| Tax rate | 27.1% | 26.0% | 26.3% | 32.2% | 20.7% | 35.9% | 28.0% | 18.9% |
| Net income | 555.7 | 461.2 | 377.9 | 297.1 | 248.7 | 152.5 | 161.0 | 99.1 |
| Net margin | 29.8% | 34.6% | 32.1% | 27.3% | 25.9% | 20.0% | 22.7% | 15.8% |
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| Diluted EPS | | $1.12 | $0.93 | $0.87 | $0.75 | $0.58 | $0.63 | $0.42 |
| Shares outstanding (diluted) | | 410.0 | 405.0 | 340.1 | 332.7 | 264.9 | 255.3 | 234.4 |
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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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