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 | 3,928.0 | 6,134.0 | 5,943.0 | 4,240.0 | 3,055.0 | 2,636.0 | 2,622.5 | 2,219.1 |
| Revenue growth | -36.0% | 3.2% | 40.2% | 38.8% | 15.9% | 0.5% | 18.2% | 12.3% |
| Cost of goods sold | -1,229.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Gross profit | 5,157.0 | 6,134.0 | 5,943.0 | 4,240.0 | 3,055.0 | 2,636.0 | 2,622.5 | 2,219.1 |
| Gross margin | 131.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative | 972.0 | 1,078.0 | 980.0 | 1,119.0 | 741.0 | 647.0 | 575.1 | 496.0 |
| Research and development | | | | | | | | 12.4 |
| General and administrative | 160.0 | 170.0 | 148.0 | 387.0 | 111.0 | 113.0 | 73.6 | 64.2 |
| EBITA | 836.0 | 546.0 | 1,913.0 | 670.0 | 734.0 | 623.0 | 781.5 | 584.2 |
| EBITA margin | 21.3% | 8.9% | 32.2% | 15.8% | 24.0% | 23.6% | 29.8% | 26.3% |
| Amortization of intangibles | 221.0 | 477.0 | 572.0 | 327.0 | 175.0 | 179.0 | 183.8 | 161.5 |
| EBIT | 615.0 | 69.0 | 1,341.0 | 343.0 | 559.0 | 444.0 | 597.7 | 422.7 |
| EBIT margin | 15.7% | 1.1% | 22.6% | 8.1% | 18.3% | 16.8% | 22.8% | 19.0% |
| Pre-tax income | 3,614.0 | -499.0 | -3,149.0 | 9.0 | 310.0 | 519.0 | 372.9 | 233.8 |
| Income taxes | 913.0 | -173.0 | -720.0 | -96.0 | -36.0 | -75.0 | 122.1 | 57.7 |
| Tax rate | 25.3% | 34.7% | 22.9% | | | | 32.8% | 24.7% |
| Net income | 2,701.0 | -326.0 | -2,429.0 | 115.0 | 341.0 | 576.0 | 245.3 | 171.5 |
| Net margin | 68.8% | -5.3% | -40.9% | 2.7% | 11.2% | 21.9% | 9.4% | 7.7% |
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| Diluted EPS | $38.23 | ($4.34) | ($30.39) | $1.23 | $3.35 | $5.71 | $2.60 | $1.79 |
| Shares outstanding (diluted) | 70.7 | 75.1 | 79.9 | 93.2 | 101.7 | 100.8 | 94.4 | 95.7 |
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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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