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 | 6,604.4 | 5,608.7 | 4,552.8 | 4,747.0 | 4,977.0 | 4,383.6 | 4,045.7 | 3,959.4 |
| Revenue growth | 17.8% | 23.2% | -4.1% | -4.6% | 13.5% | 8.4% | 2.2% | |
| Cost of goods sold | 4,278.9 | 4,088.6 | 3,248.7 | 3,392.1 | 3,570.1 | 3,134.3 | 2,848.2 | 1,430.2 |
| Gross profit | 2,325.5 | 1,520.1 | 1,304.1 | 1,354.9 | 1,406.9 | 1,249.3 | 1,197.5 | 2,529.2 |
| Gross margin | 35.2% | 27.1% | 28.6% | 28.5% | 28.3% | 28.5% | 29.6% | 63.9% |
| Selling, general and administrative | 6,004.0 | | | | | | | |
| General and administrative | | 82.4 | 86.1 | 109.6 | 102.2 | 90.3 | 89.1 | 82.0 |
| EBITA | 600.4 | 544.3 | 287.7 | 306.1 | 377.8 | 281.8 | 291.3 | 266.6 |
| EBITA margin | 9.1% | 9.7% | 6.3% | 6.4% | 7.6% | 6.4% | 7.2% | 6.7% |
| Amortization of intangibles | | | | | | 1.5 | 0.9 | 0.4 |
| EBIT | 600.4 | 544.3 | 287.7 | 306.1 | 377.8 | 280.3 | 290.4 | 266.2 |
| EBIT margin | 9.1% | 9.7% | 6.3% | 6.4% | 7.6% | 6.4% | 7.2% | 6.7% |
| Pre-tax income | 604.0 | 542.0 | 282.9 | 198.1 | 364.6 | 263.4 | 265.6 | 238.7 |
| Income taxes | 146.2 | 136.6 | 71.2 | 51.1 | 95.7 | -126.5 | 108.7 | 97.8 |
| Tax rate | 24.2% | 25.2% | 25.2% | 25.8% | 26.2% | | 40.9% | 41.0% |
| Net income | 457.8 | 405.4 | 211.7 | 147.0 | 268.9 | 389.9 | 156.9 | 140.9 |
| Net margin | 6.9% | 7.2% | 4.6% | 3.1% | 5.4% | 8.9% | 3.9% | 3.6% |
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| Diluted EPS | $2.56 | $2.28 | $1.19 | $0.83 | $1.52 | $2.28 | $1.00 | $0.91 |
| Shares outstanding (diluted) | 178.8 | 178.1 | 177.6 | 177.3 | 177.2 | 171.3 | 156.8 | 155.6 |
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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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