Financial Summary (All financials)
| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| Revenues | 1,700.1 | 1,663.9 | 1,777.5 | 1,630.7 | 1,614.0 | 1,605.3 | 1,819.0 |
| Revenue growth | 2.2% | -6.4% | 9.0% | 1.0% | 0.5% | -11.7% | |
| Cost of goods sold | 92.9 | 114.3 | 126.0 | 117.4 | 116.1 | 143.1 | 1,171.0 |
| Gross profit | 1,607.2 | 1,549.6 | 1,651.5 | 1,513.3 | 1,497.9 | 1,462.3 | 648.0 |
| Gross margin | 94.5% | 93.1% | 92.9% | 92.8% | 92.8% | 91.1% | 35.6% |
| Selling, general and administrative | 315.7 | 299.2 | 306.4 | 234.2 | 238.3 | | 564.0 |
| Sales and marketing | | | | | | 175.4 | |
| General and administrative | | | | | | 125.4 | |
| EBITA | 409.7 | 451.7 | 425.2 | 405.4 | 424.6 | 275.7 | 262.0 |
| EBITA margin | 24.1% | 27.1% | 23.9% | 24.9% | 26.3% | 17.2% | 14.4% |
| Amortization of intangibles | | | | | | | 55.0 |
| EBIT | 409.7 | 451.7 | 425.2 | 405.4 | 424.6 | 275.7 | 207.0 |
| EBIT margin | 24.1% | 27.1% | 23.9% | 24.9% | 26.3% | 17.2% | 11.4% |
| Pre-tax income | 348.0 | 409.8 | 389.2 | 382.7 | 416.1 | 254.2 | 170.0 |
| Income taxes | 111.5 | 140.8 | 139.4 | 130.4 | 172.2 | 98.8 | -170.0 |
| Tax rate | 32.0% | 34.4% | 35.8% | 34.1% | 41.4% | 38.8% | |
| Earnings from continuing ops | 236.1 | 271.3 | 247.3 | 254.5 | 491.1 | 155.5 | 340.0 |
| Earnings from discontinued ops | | | | | -7.5 | 3.3 | 5,864.0 |
| Net income | 236.1 | 271.3 | 247.3 | 254.5 | 483.6 | 158.8 | 6,204.0 |
| Net margin | 13.9% | 16.3% | 13.9% | 15.6% | 30.0% | 9.9% | 341.1% |
| |
| Diluted EPS | $2.22 | $2.43 | $2.04 | $2.12 | $4.09 | | |
| Shares outstanding (diluted) | 106.3 | 111.5 | 121.1 | 120.1 | 120.1 | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|