Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-05-20 | Dec-31-19 |
| Revenues | 6,558.0 | 3,940.0 | 3,940.0 | 3,587.0 | 3,587.0 | 985.0 |
| Revenue growth | 66.4% | 9.8% | 9.8% | 264.2% | | |
| Cost of goods sold | 4,844.0 | 3,001.0 | 3,001.0 | 2,831.0 | 2,831.0 | 787.0 |
| Gross profit | 1,714.0 | 939.0 | 939.0 | 756.0 | 756.0 | 198.0 |
| Gross margin | 26.1% | 23.8% | 23.8% | 21.1% | 21.1% | 20.1% |
| Selling, general and administrative | -4,844.0 | -3,001.0 | 803.0 | -2,831.0 | 725.0 | -787.0 |
| EBITA | 323.0 | 213.0 | 136.0 | 182.0 | 31.0 | -102.0 |
| EBITA margin | 4.9% | 5.4% | 3.5% | 5.1% | 0.9% | -10.4% |
| Amortization of intangibles | 227.0 | 127.0 | | 182.0 | | 51.0 |
| EBIT | 96.0 | 86.0 | 136.0 | 0.0 | 31.0 | -153.0 |
| EBIT margin | 1.5% | 2.2% | 3.5% | 0.0% | 0.9% | -15.5% |
| Pre-tax income | 93.0 | 79.0 | 79.0 | -184.0 | -184.0 | -151.0 |
| Income taxes | 20.0 | 32.0 | 32.0 | -31.0 | -31.0 | 2.0 |
| Tax rate | 21.5% | 40.5% | 40.5% | 16.8% | 16.8% | |
| Net income | 73.0 | 47.0 | -137.0 | -153.0 | -375.0 | -153.0 |
| Net margin | 1.1% | 1.2% | -3.5% | -4.3% | -10.5% | -15.5% |
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| Diluted EPS | $0.27 | $0.23 | ($665.05) | ($0.91) | ($2,218.93) | ($1.15) |
| Shares outstanding (diluted) | 266.1 | 205.8 | 0.2 | 169.0 | 0.2 | 133.0 |
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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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