Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| Revenues | 2,593.5 | 2,428.1 | 1,950.1 |
| Revenue growth | 6.8% | 24.5% | |
| Cost of goods sold | 1,708.0 | 1,590.1 | 1,267.6 |
| Gross profit | 885.5 | 838.0 | 682.5 |
| Gross margin | 34.1% | 34.5% | 35.0% |
| Selling, general and administrative | 533.4 | 512.8 | 458.7 |
| EBITA | 378.6 | 356.1 | 265.6 |
| EBITA margin | 14.6% | 14.7% | 13.6% |
| Amortization of intangibles | 35.6 | 42.1 | 41.8 |
| EBIT | 343.0 | 314.0 | 223.8 |
| EBIT margin | 13.2% | 12.9% | 11.5% |
| Pre-tax income | 300.3 | 319.1 | 205.8 |
| Income taxes | 69.2 | 80.4 | 46.0 |
| Tax rate | 23.0% | 25.2% | 22.3% |
| Earnings from continuing ops | 226.8 | 235.1 | 157.4 |
| Earnings from discontinued ops | -3.1 | | |
| Net income | 223.7 | 235.1 | 157.4 |
| Net margin | 8.6% | 9.7% | 8.1% |
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| Diluted EPS | $3.77 | $3.92 | $2.62 |
| Shares outstanding (diluted) | 60.2 | 60.0 | 60.0 |
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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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