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 | 5,371.8 | 4,833.8 | 4,022.4 | 4,727.7 | 5,191.2 | 4,607.5 | 3,789.9 | 3,582.4 |
| Revenue growth | 11.1% | 20.2% | -14.9% | -8.9% | 12.7% | 21.6% | 5.8% | 0.9% |
| Cost of goods sold | 1,619.0 | 1,426.2 | 1,194.1 | 1,587.6 | 1,911.7 | 1,742.7 | 1,457.5 | 1,417.7 |
| Gross profit | 3,752.8 | 3,407.6 | 2,828.3 | 3,140.1 | 3,279.5 | 2,864.8 | 2,332.4 | 2,164.6 |
| Gross margin | 69.9% | 70.5% | 70.3% | 66.4% | 63.2% | 62.2% | 61.5% | 60.4% |
| Selling, general and administrative | 2,228.3 | 2,072.0 | 1,745.4 | 1,811.8 | 1,883.1 | 1,654.6 | 1,277.8 | 1,136.7 |
| EBITA | 2,137.3 | 1,907.5 | 1,533.9 | 2,614.7 | 1,713.9 | 1,505.7 | 1,257.8 | 1,194.0 |
| EBITA margin | 39.8% | 39.5% | 38.1% | 55.3% | 33.0% | 32.7% | 33.2% | 33.3% |
| Amortization of intangibles | 612.8 | 571.9 | 451.0 | 365.7 | 317.5 | 295.5 | 203.2 | 166.1 |
| EBIT | 1,524.5 | 1,335.6 | 1,082.9 | 2,249.0 | 1,396.4 | 1,210.2 | 1,054.6 | 1,027.9 |
| EBIT margin | 28.4% | 27.6% | 26.9% | 47.6% | 26.9% | 26.3% | 27.8% | 28.7% |
| Pre-tax income | 1,282.0 | 1,031.9 | 861.3 | 2,057.4 | 1,198.4 | 1,034.7 | 940.6 | 1,002.3 |
| Income taxes | 296.4 | 226.6 | 187.5 | 417.4 | 254.0 | 62.9 | 282.0 | 306.3 |
| Tax rate | 23.1% | 22.0% | 21.8% | 20.3% | 21.2% | 6.1% | 30.0% | 30.6% |
| Earnings from continuing ops | 985.6 | 805.3 | 673.8 | 1,640.0 | 944.4 | 971.8 | 658.6 | 696.1 |
| Earnings from discontinued ops | 3,356.3 | 55.9 | | | | | | |
| Net income | 4,544.7 | 1,152.6 | 949.7 | 1,767.9 | 944.4 | 971.8 | 658.6 | 696.1 |
| Net margin | 84.6% | 23.8% | 23.6% | 37.4% | 18.2% | 21.1% | 17.4% | 19.4% |
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| Diluted EPS | $9.23 | $7.56 | $6.37 | $15.60 | $9.05 | $9.39 | $6.43 | $6.85 |
| Shares outstanding (diluted) | 106.8 | 106.5 | 105.7 | 105.1 | 104.4 | 103.5 | 102.5 | 101.6 |
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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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