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 | 4,947.9 | 4,194.1 | 3,682.5 | 3,946.6 | 4,481.7 | 3,668.8 | 3,505.2 | 3,390.4 |
| Revenue growth | 18.0% | 13.9% | -6.7% | -11.9% | 22.2% | 4.7% | 3.4% | 0.9% |
| Cost of goods sold | 3,476.3 | 3,042.6 | 2,596.7 | 2,775.0 | 3,181.3 | 2,513.7 | 2,400.1 | 2,298.6 |
| Gross profit | 1,471.6 | 1,151.5 | 1,085.8 | 1,171.6 | 1,300.4 | 1,155.1 | 1,105.1 | 1,091.8 |
| Gross margin | 29.7% | 27.5% | 29.5% | 29.7% | 29.0% | 31.5% | 31.5% | 32.2% |
| Selling, general and administrative | 762.5 | 619.2 | 591.3 | 644.9 | 743.5 | 636.3 | 615.3 | 617.2 |
| EBITA | 784.8 | 608.0 | 566.6 | 624.2 | 637.8 | 574.0 | 557.1 | 522.0 |
| EBITA margin | 15.9% | 14.5% | 15.4% | 15.8% | 14.2% | 15.6% | 15.9% | 15.4% |
| Amortization of intangibles | 75.7 | 75.7 | 72.1 | 68.7 | 68.9 | 34.9 | 32.3 | 28.2 |
| EBIT | 709.1 | 532.3 | 494.5 | 555.5 | 568.9 | 539.1 | 524.8 | 493.8 |
| EBIT margin | 14.3% | 12.7% | 13.4% | 14.1% | 12.7% | 14.7% | 15.0% | 14.6% |
| Pre-tax income | 657.0 | 459.3 | 424.5 | 469.2 | 467.0 | 443.1 | 430.4 | 418.6 |
| Income taxes | 140.2 | 88.2 | 89.8 | 101.2 | 100.9 | 193.2 | 132.6 | 136.5 |
| Tax rate | 21.3% | 19.2% | 21.2% | 21.6% | 21.6% | 43.6% | 30.8% | 32.6% |
| Net income | 516.8 | 371.1 | 334.7 | 368.0 | 360.2 | 243.1 | 293.0 | 277.3 |
| Net margin | 10.4% | 8.8% | 9.1% | 9.3% | 8.0% | 6.6% | 8.4% | 8.2% |
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| Diluted EPS | $9.55 | $6.78 | $6.14 | $6.73 | $6.56 | $4.41 | $5.26 | $4.78 |
| Shares outstanding (diluted) | 54.1 | 54.7 | 54.5 | 54.7 | 54.9 | 55.1 | 55.7 | 58.0 |
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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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