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 | 2,593.4 | 2,294.9 | 2,301.3 | 2,324.6 | 2,284.5 | 2,158.6 | 2,045.3 | 1,856.0 |
| Revenue growth | 13.0% | -0.3% | -1.0% | 1.8% | 5.8% | 5.5% | 10.2% | 10.1% |
| Cost of goods sold | 919.1 | 853.9 | 823.1 | 768.1 | 766.6 | 722.3 | 683.3 | 642.2 |
| Gross profit | 1,674.3 | 1,440.9 | 1,478.2 | 1,556.5 | 1,518.0 | 1,436.3 | 1,362.0 | 1,213.8 |
| Gross margin | 64.6% | 62.8% | 64.2% | 67.0% | 66.4% | 66.5% | 66.6% | 65.4% |
| General and administrative | 74.1 | 69.6 | 60.3 | 58.0 | 60.4 | 53.7 | 45.8 | 42.8 |
| EBIT | 1,401.1 | 1,221.2 | 1,042.1 | 1,007.5 | 1,178.1 | 1,049.8 | 1,251.2 | 953.0 |
| EBIT margin | 54.0% | 53.2% | 45.3% | 43.3% | 51.6% | 48.6% | 61.2% | 51.3% |
| Pre-tax income | 1,151.1 | 1,010.1 | 824.5 | 799.1 | 974.0 | 876.8 | 1,034.0 | 743.2 |
| Income taxes | 14.6 | 5.7 | -3.2 | 13.0 | -0.2 | 0.1 | 0.3 | 1.5 |
| Tax rate | 1.3% | 0.6% | | 1.6% | | 0.0% | 0.0% | 0.2% |
| Net income | 1,136.8 | 1,004.3 | 827.6 | 786.0 | 974.5 | 876.9 | 1,034.0 | 742.0 |
| Net margin | 43.8% | 43.8% | 36.0% | 33.8% | 42.7% | 40.6% | 50.6% | 40.0% |
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| Diluted EPS | $8.12 | $7.19 | $5.89 | $5.63 | $7.05 | $6.35 | $7.52 | $5.51 |
| Shares outstanding (diluted) | 140.0 | 139.7 | 140.4 | 139.6 | 138.3 | 138.1 | 137.5 | 134.6 |
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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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