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 | 2,589.0 | 2,114.2 | 1,885.6 | 1,531.3 | 1,327.5 | 1,128.1 | 921.7 | 843.5 |
| Revenue growth | 22.5% | 12.1% | 23.1% | 15.4% | 17.7% | 22.4% | 9.3% | 16.0% |
| Cost of goods sold | 783.2 | 623.6 | 530.2 | 445.5 | 381.1 | 325.6 | 278.4 | 261.2 |
| Gross profit | 1,805.8 | 1,490.6 | 1,355.4 | 1,085.8 | 946.3 | 802.5 | 643.3 | 582.2 |
| Gross margin | 69.8% | 70.5% | 71.9% | 70.9% | 71.3% | 71.1% | 69.8% | 69.0% |
| General and administrative | 177.3 | 151.5 | 133.3 | 108.8 | 90.4 | 75.0 | 63.9 | 59.6 |
| EBIT | 826.6 | 781.9 | 986.2 | 542.5 | 565.5 | 319.6 | 263.2 | 275.0 |
| EBIT margin | 31.9% | 37.0% | 52.3% | 35.4% | 42.6% | 28.3% | 28.6% | 32.6% |
| Pre-tax income | 670.7 | 654.3 | 827.2 | 404.0 | 402.8 | 194.2 | -49.8 | 146.2 |
| Income taxes | 149.0 | 83.0 | 56.2 | 40.9 | 23.5 | 25.1 | 16.1 | 1.9 |
| Tax rate | 22.2% | 12.7% | 6.8% | 10.1% | 5.8% | 12.9% | | 1.3% |
| Earnings from continuing ops | 513.3 | 563.4 | 760.8 | 351.0 | 364.0 | 145.4 | -151.1 | 116.9 |
| Earnings from discontinued ops | | | | | | | | 0.0 |
| Net income | 513.3 | 563.4 | 760.8 | 351.0 | 364.0 | 145.4 | -151.1 | 116.9 |
| Net margin | 19.8% | 26.6% | 40.3% | 22.9% | 27.4% | 12.9% | -16.4% | 13.9% |
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| Diluted EPS | $3.18 | $3.82 | $6.01 | $3.12 | $3.52 | $1.58 | ($1.99) | $1.63 |
| Shares outstanding (diluted) | 161.7 | 147.5 | 126.5 | 112.5 | 103.3 | 92.1 | 76.1 | 71.5 |
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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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