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 | 5,220.0 | 5,120.0 | 5,076.0 | 5,019.0 | 5,044.0 | 5,155.0 | 5,210.0 | 5,009.0 |
| Revenue growth | 2.0% | 0.9% | 1.1% | -0.5% | -2.2% | -1.1% | 4.0% | 2.2% |
| Cost of goods sold | -109.0 | -105.0 | -100.0 | -90.0 | 0.0 | 0.0 | 2,415.0 | 2,511.0 |
| Gross profit | 5,329.0 | 5,225.0 | 5,176.0 | 5,109.0 | 5,044.0 | 5,155.0 | 2,795.0 | 2,498.0 |
| Gross margin | 102.1% | 102.1% | 102.0% | 101.8% | 100.0% | 100.0% | 53.6% | 49.9% |
| Selling, general and administrative | 1,677.0 | 1,681.0 | 1,717.0 | 1,694.0 | 1,689.0 | 1,762.0 | 1,781.0 | 1,865.0 |
| EBIT | 441.0 | 435.0 | 346.0 | 347.0 | 268.0 | 274.0 | 457.0 | 41.0 |
| EBIT margin | 8.4% | 8.5% | 6.8% | 6.9% | 5.3% | 5.3% | 8.8% | 0.8% |
| Pre-tax income | 221.0 | 288.0 | 211.0 | 221.0 | -122.0 | 92.0 | 435.0 | -152.0 |
| Income taxes | 33.0 | 19.0 | 64.0 | 46.0 | -279.0 | 40.0 | 172.0 | -5.0 |
| Tax rate | 14.9% | 6.6% | 30.3% | 20.8% | 228.7% | 43.5% | 39.5% | 3.3% |
| Net income | 117.0 | 226.0 | 121.0 | 135.0 | 153.0 | 43.0 | 219.0 | -136.0 |
| Net margin | 2.2% | 4.4% | 2.4% | 2.7% | 3.0% | 0.8% | 4.2% | -2.7% |
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| Diluted EPS | $1.01 | $1.97 | $1.04 | $1.18 | $1.37 | $0.39 | $1.99 | ($1.26) |
| Shares outstanding (diluted) | 116.0 | 115.0 | 116.0 | 114.0 | 112.0 | 111.0 | 110.0 | 108.0 |
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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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