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 | 2,825.4 | 2,758.3 | 3,540.2 | 4,057.1 | 4,531.4 | 4,747.1 | 4,977.0 | 4,960.6 |
| Revenue growth | 2.4% | -22.1% | -12.7% | -10.5% | -4.5% | -4.6% | 0.3% | 29.5% |
| Cost of goods sold | 2,231.0 | 2,257.3 | 2,743.0 | 3,180.5 | 3,463.6 | 3,493.3 | 3,537.0 | 3,512.2 |
| Gross profit | 594.4 | 501.0 | 797.1 | 876.5 | 1,067.9 | 1,253.8 | 1,440.0 | 1,448.4 |
| Gross margin | 21.0% | 18.2% | 22.5% | 21.6% | 23.6% | 26.4% | 28.9% | 29.2% |
| General and administrative | 168.6 | 184.9 | 206.6 | 219.3 | 259.5 | 278.0 | 687.0 | 738.2 |
| EBITA | -23.9 | -183.5 | 7.5 | 0.2 | -113.2 | 130.5 | 232.3 | -87.6 |
| EBITA margin | -0.8% | -6.7% | 0.2% | 0.0% | -2.5% | 2.7% | 4.7% | -1.8% |
| Amortization of intangibles | | | | | | 5.6 | 9.2 | 12.2 |
| EBIT | -23.9 | -183.5 | 7.5 | 0.2 | -113.2 | 124.9 | 223.1 | -99.8 |
| EBIT margin | -0.8% | -6.7% | 0.2% | 0.0% | -2.5% | 2.6% | 4.5% | -2.0% |
| Pre-tax income | -239.9 | -107.5 | 87.3 | -270.8 | -577.8 | -588.1 | -399.3 | -550.4 |
| Income taxes | -1.6 | -8.2 | 5.4 | -2.3 | -49.5 | -16.5 | 5.4 | -92.2 |
| Tax rate | 0.6% | 7.6% | 6.1% | 0.8% | 8.6% | 2.8% | | 16.8% |
| Net income | -238.4 | -99.3 | 82.0 | -267.9 | -528.3 | -571.4 | -404.4 | -457.5 |
| Net margin | -8.4% | -3.6% | 2.3% | -6.6% | -11.7% | -12.0% | -8.1% | -9.2% |
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| Diluted EPS | ($1.25) | ($0.54) | $0.44 | ($1.44) | ($2.82) | ($3.07) | ($2.18) | ($2.48) |
| Shares outstanding (diluted) | 190.5 | 185.0 | 184.4 | 185.9 | 187.5 | 186.2 | 185.7 | 184.3 |
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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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