Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 3,028.0 | 2,066.0 | 5,020.0 | 4,454.0 | 4,462.0 | 0.0 | 4,328.0 | 4,415.0 |
| Revenue growth | 46.6% | -58.8% | 12.7% | -0.2% | | -100.0% | -2.0% | 5.5% |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3,348.0 | 3,398.0 |
| Gross profit | 3,028.0 | 2,066.0 | 5,020.0 | 4,454.0 | 4,462.0 | 0.0 | 980.0 | 1,017.0 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | | 22.6% | 23.0% |
| Selling, general and administrative | 366.0 | 321.0 | 417.0 | 320.0 | 377.0 | 315.0 | 308.0 | 349.0 |
| EBITA | 266.0 | -775.0 | 961.0 | 1,066.0 | 773.0 | 357.0 | 293.0 | 626.0 |
| EBITA margin | 8.8% | -37.5% | 19.1% | 23.9% | 17.3% | | 6.8% | 14.2% |
| Amortization of intangibles | 48.0 | 27.0 | 25.0 | 15.0 | 13.0 | 11.0 | 31.0 | 30.0 |
| EBIT | 218.0 | -802.0 | 936.0 | 1,051.0 | 760.0 | 346.0 | 262.0 | 596.0 |
| EBIT margin | 7.2% | -38.8% | 18.6% | 23.6% | 17.0% | | 6.1% | 13.5% |
| Pre-tax income | 44.0 | -960.0 | 1,006.0 | 951.0 | 722.0 | 282.0 | 194.0 | 525.0 |
| Income taxes | 266.0 | -257.0 | 240.0 | 182.0 | 332.0 | 76.0 | 70.0 | 179.0 |
| Tax rate | 604.5% | 26.8% | 23.9% | 19.1% | 46.0% | 27.0% | 36.1% | 34.1% |
| Net income | -222.0 | -703.0 | 766.0 | 769.0 | 389.0 | 206.0 | 124.0 | 344.0 |
| Net margin | -7.3% | -34.0% | 15.3% | 17.3% | 8.7% | | 2.9% | 7.8% |
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| Diluted EPS | ($2.14) | ($6.94) | $7.21 | $6.68 | $3.08 | $1.54 | $0.86 | $2.23 |
| Shares outstanding (diluted) | 104.0 | 101.3 | 106.3 | 115.1 | 126.3 | 133.9 | 144.0 | 154.4 |
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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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