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 | 1,683.2 | 1,618.5 | 1,481.6 | 1,498.0 | 1,520.3 | 1,444.8 | 1,756.7 | 2,084.0 |
| Revenue growth | 4.0% | 9.2% | -1.1% | -1.5% | 5.2% | -17.8% | -15.7% | -32.2% |
| Cost of goods sold | 1,149.9 | 1,227.0 | 936.1 | 990.9 | 1,075.9 | 1,038.3 | 1,279.7 | 907.6 |
| Gross profit | 533.3 | 391.5 | 545.4 | 507.1 | 444.4 | 406.5 | 476.9 | 1,176.5 |
| Gross margin | 31.7% | 24.2% | 36.8% | 33.9% | 29.2% | 28.1% | 27.1% | 56.5% |
| Selling, general and administrative | | | | | | | | |
| Research and development | | | | | | | 10.5 | 135.6 |
| General and administrative | 117.1 | 113.2 | 102.7 | 107.9 | 100.1 | 107.6 | 98.8 | 169.3 |
| EBITA | 436.5 | 304.2 | 485.5 | 442.3 | 308.4 | 330.1 | 373.0 | 407.4 |
| EBITA margin | 25.9% | 18.8% | 32.8% | 29.5% | 20.3% | 22.8% | 21.2% | 19.5% |
| Amortization of intangibles | 44.1 | 48.5 | 51.4 | 51.4 | 51.4 | 39.6 | 13.9 | 16.7 |
| EBIT | 392.4 | 255.7 | 434.1 | 390.9 | 257.0 | 290.5 | 359.1 | 390.7 |
| EBIT margin | 23.3% | 15.8% | 29.3% | 26.1% | 16.9% | 20.1% | 20.4% | 18.7% |
| Pre-tax income | 229.2 | 46.0 | -193.7 | 211.6 | 156.5 | 118.7 | 173.9 | 320.7 |
| Income taxes | 3.2 | 3.9 | 2.7 | 4.8 | 10.2 | 7.8 | 12.0 | 14.7 |
| Tax rate | 1.4% | 8.5% | | 2.2% | 6.5% | 6.6% | 6.9% | 4.6% |
| Net income | 226.0 | 42.1 | -196.3 | -105.7 | 205.8 | 148.0 | 162.0 | 305.9 |
| Net margin | 13.4% | 2.6% | -13.3% | -7.1% | 13.5% | 10.2% | 9.2% | 14.7% |
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| Diluted EPS | $2.05 | $0.38 | ($1.80) | $1.92 | $1.47 | $1.25 | $2.07 | $3.93 |
| Shares outstanding (diluted) | 110.3 | 109.6 | 109.2 | 107.9 | 99.5 | 88.8 | 78.1 | 77.9 |
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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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