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 | 6,980.6 | 6,010.9 | 5,647.3 | 5,333.7 | 4,965.1 | 4,390.5 | 3,962.0 | 3,869.2 |
| Revenue growth | 16.1% | 6.4% | 5.9% | 7.4% | 13.1% | 10.8% | 2.4% | 3.6% |
| Cost of goods sold | 3,764.8 | 3,233.7 | 3,079.5 | 2,818.3 | 2,566.2 | 2,226.9 | 1,997.2 | 1,920.3 |
| Gross profit | 3,215.8 | 2,777.2 | 2,567.8 | 2,515.4 | 2,398.9 | 2,163.6 | 1,964.8 | 1,948.9 |
| Gross margin | 46.1% | 46.2% | 45.5% | 47.2% | 48.3% | 49.3% | 49.6% | 50.4% |
| Selling, general and administrative | 1,762.2 | 1,559.8 | 1,426.0 | 1,458.2 | 1,400.2 | 1,282.8 | 1,169.5 | 1,121.5 |
| EBITA | 1,464.3 | 1,228.2 | 1,150.9 | 1,061.3 | 1,002.8 | 884.6 | 795.8 | 827.9 |
| EBITA margin | 21.0% | 20.4% | 20.4% | 19.9% | 20.2% | 20.1% | 20.1% | 21.4% |
| Amortization of intangibles | 10.7 | 10.8 | 9.1 | 4.1 | 4.1 | 3.8 | 0.5 | 0.5 |
| EBIT | 1,453.6 | 1,217.4 | 1,141.8 | 1,057.2 | 998.7 | 880.8 | 795.3 | 827.4 |
| EBIT margin | 20.8% | 20.3% | 20.2% | 19.8% | 20.1% | 20.1% | 20.1% | 21.4% |
| Pre-tax income | 1,440.0 | 1,207.8 | 1,132.7 | 1,043.7 | 987.0 | 873.1 | 789.7 | 826.1 |
| Income taxes | 353.1 | 282.8 | 273.6 | 252.8 | 235.1 | 294.5 | 290.3 | 309.7 |
| Tax rate | 24.5% | 23.4% | 24.2% | 24.2% | 23.8% | 33.7% | 36.8% | 37.5% |
| Net income | 1,086.9 | 925.0 | 859.1 | 790.9 | 751.9 | 578.6 | 499.4 | 516.4 |
| Net margin | 15.6% | 15.4% | 15.2% | 14.8% | 15.1% | 13.2% | 12.6% | 13.3% |
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| Diluted EPS | $1.89 | $1.60 | $1.49 | $1.38 | $1.31 | $1.00 | $1.73 | $1.77 |
| Shares outstanding (diluted) | 575.6 | 577.1 | 575.7 | 574.4 | 574.3 | 576.7 | 289.2 | 292.0 |
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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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