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 | Jun-27-15 |
| Revenues | 4,451.6 | 4,138.7 | 4,088.2 | 3,869.9 | 4,731.7 | 4,946.2 | 5,280.6 | 4,227.1 |
| Revenue growth | 7.6% | 1.2% | 5.6% | -18.2% | -4.3% | -6.3% | | 4.1% |
| Cost of goods sold | 2,996.2 | 2,722.5 | 2,593.3 | 2,436.2 | 2,900.2 | 2,966.7 | 3,228.8 | 2,582.9 |
| Gross profit | 1,455.4 | 1,416.2 | 1,494.9 | 1,433.7 | 1,831.5 | 1,979.5 | 2,051.8 | 1,644.2 |
| Gross margin | 32.7% | 34.2% | 36.6% | 37.0% | 38.7% | 40.0% | 38.9% | 38.9% |
| Sales and marketing | 584.8 | 536.4 | 545.5 | 538.7 | 595.7 | 598.4 | 665.0 | 319.0 |
| Research and development | 123.1 | 122.0 | 121.7 | 119.2 | 218.6 | 167.7 | 184.0 | 187.8 |
| General and administrative | 512.3 | 482.0 | 478.5 | 476.5 | 435.9 | 461.1 | 452.2 | 385.3 |
| EBITA | 373.8 | 810.4 | 480.6 | 434.0 | 815.5 | 1,056.3 | 1,019.1 | 858.9 |
| EBITA margin | 8.4% | 19.6% | 11.8% | 11.2% | 17.2% | 21.4% | 19.3% | 20.3% |
| Amortization of intangibles | 252.4 | 210.0 | 212.2 | 219.6 | 333.6 | 349.6 | 356.8 | 174.5 |
| EBIT | 121.4 | 600.4 | 268.4 | 214.4 | 481.9 | 706.7 | 662.3 | 684.4 |
| EBIT margin | 2.7% | 14.5% | 6.6% | 5.5% | 10.2% | 14.3% | 12.5% | 16.2% |
| Pre-tax income | -147.3 | 648.3 | -32.4 | 137.3 | 450.2 | 440.6 | -4,848.3 | 260.3 |
| Income taxes | -8.2 | 389.6 | -38.3 | -10.7 | 159.6 | 160.5 | -835.5 | 124.2 |
| Tax rate | 5.6% | 60.1% | 118.2% | | 35.5% | 36.4% | 17.2% | 47.7% |
| Net income | -139.1 | 258.7 | 5.9 | 148.0 | 290.6 | 280.1 | -4,012.8 | 136.1 |
| Net margin | -3.1% | 6.3% | 0.1% | 3.8% | 6.1% | 5.7% | -76.0% | 3.2% |
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| Diluted EPS | ($1.03) | $1.94 | $0.04 | $1.08 | $2.10 | $1.96 | ($28.00) | $0.97 |
| Shares outstanding (diluted) | 134.5 | 133.6 | 137.2 | 136.5 | 138.3 | 142.6 | 143.3 | 139.8 |
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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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