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 | 2,101.9 | 1,258.9 | 1,021.6 | 1,430.9 | 1,532.0 | 1,411.9 | 1,230.9 | 1,421.7 |
| Revenue growth | 67.0% | 23.2% | -28.6% | -6.6% | 8.5% | 14.7% | -13.4% | -22.4% |
| Cost of goods sold | 0.0 | 743.3 | 667.6 | 948.0 | 946.5 | 886.7 | 877.2 | 279.1 |
| Gross profit | 2,101.9 | 515.6 | 354.0 | 482.9 | 585.6 | 525.2 | 353.7 | 1,142.6 |
| Gross margin | 100.0% | 41.0% | 34.7% | 33.7% | 38.2% | 37.2% | 28.7% | 80.4% |
| Selling, general and administrative | | 89.1 | 72.7 | 67.1 | 65.3 | 83.6 | 50.0 | 55.7 |
| General and administrative | 116.7 | | | | | | | |
| EBIT | 621.1 | 103.0 | 83.6 | 136.8 | 265.3 | 210.2 | 87.4 | 466.7 |
| EBIT margin | 29.5% | 8.2% | 8.2% | 9.6% | 17.3% | 14.9% | 7.1% | 32.8% |
| Pre-tax income | 568.4 | 35.4 | -9.2 | 98.1 | 187.6 | 169.8 | 65.0 | 443.0 |
| Income taxes | 101.5 | 1.3 | 4.0 | 4.5 | 8.8 | 87.2 | 14.6 | 125.6 |
| Tax rate | 17.8% | 3.7% | | 4.6% | 4.7% | 51.4% | 22.4% | 28.4% |
| Net income | 467.0 | 34.1 | -9.8 | 76.0 | 153.0 | 67.6 | 41.5 | 307.0 |
| Net margin | 22.2% | 2.7% | -1.0% | 5.3% | 10.0% | 4.8% | 3.4% | 21.6% |
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| Diluted EPS | $13.07 | $0.96 | ($0.37) | $2.81 | $5.38 | $2.40 | $1.48 | $10.98 |
| Shares outstanding (diluted) | 35.7 | 35.4 | 26.1 | 27.1 | 28.4 | 28.2 | 28.0 | 28.0 |
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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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