Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 3,664.0 | 2,800.0 | 2,923.0 | 3,756.0 | 3,513.0 | 3,339.0 | 3,645.0 | 4,258.0 |
| Revenue growth | 30.9% | -4.2% | -22.2% | 6.9% | 5.2% | -8.4% | -14.4% | -4.6% |
| Cost of goods sold | 2,777.0 | 2,523.0 | 2,731.0 | 3,236.0 | 3,234.0 | 3,150.0 | 3,523.0 | 4,001.0 |
| Gross profit | 887.0 | 277.0 | 192.0 | 520.0 | 279.0 | 189.0 | 122.0 | 257.0 |
| Gross margin | 24.2% | 9.9% | 6.6% | 13.8% | 7.9% | 5.7% | 3.3% | 6.0% |
| Selling, general and administrative | 158.0 | 136.0 | 136.0 | 165.0 | 170.0 | 147.0 | 160.0 | 155.0 |
| EBITA | 735.0 | 136.0 | 57.0 | 215.0 | 99.0 | 46.0 | -35.0 | 102.0 |
| EBITA margin | 20.1% | 4.9% | 2.0% | 5.7% | 2.8% | 1.4% | -1.0% | 2.4% |
| Amortization of intangibles | 6.0 | 6.0 | 3.0 | 5.0 | 5.0 | 4.0 | 3.0 | 4.0 |
| EBIT | 729.0 | 130.0 | 54.0 | 210.0 | 94.0 | 42.0 | -38.0 | 98.0 |
| EBIT margin | 19.9% | 4.6% | 1.8% | 5.6% | 2.7% | 1.3% | -1.0% | 2.3% |
| Pre-tax income | 504.0 | 61.0 | 11.0 | 387.0 | 6.0 | -57.0 | -256.0 | -304.0 |
| Income taxes | 195.0 | 51.0 | 58.0 | 152.0 | 84.0 | 19.0 | -1.0 | -30.0 |
| Tax rate | 38.7% | 83.6% | 527.3% | 39.3% | 1400.0% | | 0.4% | 9.9% |
| Net income | 307.0 | 10.0 | -47.0 | 235.0 | -84.0 | -81.0 | -257.0 | -277.0 |
| Net margin | 8.4% | 0.4% | -1.6% | 6.3% | -2.4% | -2.4% | -7.1% | -6.5% |
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| Diluted EPS | $3.82 | $0.12 | ($0.51) | $2.52 | ($0.93) | ($0.90) | ($2.78) | ($2.93) |
| Shares outstanding (diluted) | 80.3 | 86.4 | 91.4 | 93.3 | 90.5 | 89.9 | 92.4 | 94.6 |
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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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