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 | Apr-24-15 |
| Revenues | 1,021.8 | 1,035.4 | 934.2 | 1,084.2 | 1,107.0 | 1,012.3 | 906.9 | 291.6 |
| Revenue growth | -1.3% | 10.8% | -13.8% | -2.1% | 9.4% | 11.6% | | |
| Cost of goods sold | 314.6 | 329.4 | 339.5 | 360.4 | 361.3 | 376.0 | 367.8 | 27.3 |
| Gross profit | 707.2 | 706.0 | 594.8 | 723.8 | 745.6 | 636.3 | 539.1 | 264.2 |
| Gross margin | 69.2% | 68.2% | 63.7% | 66.8% | 67.4% | 62.9% | 59.4% | 90.6% |
| Selling, general and administrative | 469.2 | 471.9 | 446.6 | 528.5 | 465.0 | 380.1 | 355.2 | 123.6 |
| Research and development | 155.8 | 183.4 | 152.9 | 146.8 | 145.9 | 109.5 | 82.1 | 42.2 |
| EBITA | 52.6 | -0.9 | -72.7 | 155.9 | -195.0 | 142.7 | 135.0 | 89.7 |
| EBITA margin | 5.1% | -0.1% | -7.8% | 14.4% | -17.6% | 14.1% | 14.9% | 30.8% |
| Amortization of intangibles | | | | | 37.2 | 45.9 | 45.5 | 1.0 |
| EBIT | 52.6 | -0.9 | -72.7 | 155.9 | -232.2 | 96.8 | 89.5 | 88.7 |
| EBIT margin | 5.1% | -0.1% | -7.8% | 14.4% | -21.0% | 9.6% | 9.9% | 30.4% |
| Pre-tax income | -75.1 | -124.5 | -348.0 | -188.4 | -247.4 | 121.1 | 25.7 | 89.3 |
| Income taxes | 11.1 | 11.2 | -1.0 | -30.4 | -69.6 | 50.0 | 5.1 | 31.4 |
| Tax rate | | | 0.3% | 16.1% | 28.1% | 41.2% | 19.9% | 35.2% |
| Earnings from continuing ops | -86.2 | -135.8 | -347.3 | -158.0 | -178.5 | 54.5 | 1.9 | 57.8 |
| Earnings from discontinued ops | | | | | | -78.3 | | |
| Net income | -86.2 | -135.8 | -348.8 | -157.6 | -189.4 | -25.1 | -62.8 | 57.8 |
| Net margin | -8.4% | -13.1% | -37.3% | -14.5% | -17.1% | -2.5% | -6.9% | 19.8% |
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| Diluted EPS | ($1.61) | ($2.68) | ($7.15) | ($3.27) | ($3.68) | $1.12 | $0.04 | $2.17 |
| Shares outstanding (diluted) | 53.5 | 50.6 | 48.6 | 48.3 | 48.5 | 48.5 | 49.0 | 26.6 |
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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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