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-05-18 | Dec-31-17 | Dec-31-16 |
| Revenues | 10,845.0 | 7,336.8 | 4,846.0 | 6,117.4 | 6,232.2 | 6,232.2 | 5,316.9 | 5,451.1 |
| Revenue growth | 47.8% | 51.4% | -20.8% | -1.8% | 17.2% | | -2.5% | -6.2% |
| Cost of goods sold | 10,296.4 | 6,964.2 | 4,558.1 | 4,594.8 | 4,786.2 | 13,257.6 | 3,965.2 | 3,975.9 |
| Gross profit | 548.6 | 372.6 | 287.9 | 1,522.6 | 1,446.0 | -7,025.4 | 1,351.7 | 1,475.2 |
| Gross margin | 5.1% | 5.1% | 5.9% | 24.9% | 23.2% | -112.7% | 25.4% | 27.1% |
| Selling, general and administrative | 190.1 | 155.4 | 145.0 | 413.2 | 421.4 | 137.9 | 420.9 | 401.4 |
| General and administrative | | | | 257.8 | 283.5 | | 274.9 | 262.3 |
| EBITA | 254.1 | 123.6 | 16.6 | 66.9 | 29.2 | 26.7 | -28.8 | 22.5 |
| EBITA margin | 2.3% | 1.7% | 0.3% | 1.1% | 0.5% | 0.4% | -0.5% | 0.4% |
| Amortization of intangibles | 1.2 | 0.6 | 1.5 | 1.6 | 2.5 | | 2.5 | 2.6 |
| EBIT | 252.9 | 123.1 | 15.1 | 65.3 | 26.7 | 26.7 | -31.2 | 20.0 |
| EBIT margin | 2.3% | 1.7% | 0.3% | 1.1% | 0.4% | 0.4% | -0.6% | 0.4% |
| Pre-tax income | 215.7 | 75.5 | -21.1 | 37.8 | -4.3 | -4.3 | -60.3 | -3.7 |
| Income taxes | 51.6 | 17.3 | -6.2 | 4.3 | 1.6 | -1.6 | 80.3 | -1.7 |
| Tax rate | 23.9% | 22.9% | 29.3% | 11.5% | | 36.2% | | 47.3% |
| Earnings from continuing ops | 164.1 | 58.5 | -13.9 | 33.3 | -2.9 | -2.9 | 19.8 | -2.0 |
| Earnings from discontinued ops | | | | | -117.6 | -117.6 | -10.6 | |
| Net income | 164.1 | 58.5 | -13.9 | 33.3 | -120.6 | -120.6 | 9.2 | -2.0 |
| Net margin | 1.5% | 0.8% | -0.3% | 0.5% | -1.9% | -1.9% | 0.2% | 0.0% |
| |
| Diluted EPS | $11.40 | $4.11 | ($1.27) | $4.28 | ($0.38) | | $0.53 | ($0.05) |
| Shares outstanding (diluted) | 14.4 | 14.3 | 11.0 | 7.8 | 7.6 | | 37.5 | 37.0 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|