Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 2,251.7 | 1,870.3 | 1,526.4 | 1,501.8 | 1,417.5 | 1,338.0 | 1,281.0 | 1,344.8 |
| Revenue growth | 20.4% | 22.5% | 1.6% | 5.9% | 5.9% | 4.5% | -4.7% | 3.3% |
| Cost of goods sold | 800.8 | 637.6 | 521.2 | 500.9 | 495.0 | 493.3 | 454.3 | 479.6 |
| Gross profit | 1,450.8 | 1,232.7 | 1,005.3 | 1,001.0 | 922.6 | 844.7 | 826.7 | 865.2 |
| Gross margin | 64.4% | 65.9% | 65.9% | 66.6% | 65.1% | 63.1% | 64.5% | 64.3% |
| Sales and marketing | 456.4 | 413.7 | 391.9 | 392.3 | 375.6 | 401.4 | 359.6 | 376.1 |
| Research and development | 190.0 | 149.1 | 157.4 | 161.9 | 154.1 | 176.1 | 146.8 | 163.7 |
| General and administrative | 128.1 | 111.7 | 112.3 | 104.6 | 102.1 | | | |
| EBITA | 734.5 | 490.7 | 236.5 | 393.2 | 287.2 | 236.8 | 311.5 | 294.6 |
| EBITA margin | 32.6% | 26.2% | 15.5% | 26.2% | 20.3% | 17.7% | 24.3% | 21.9% |
| Amortization of intangibles | 104.4 | 103.2 | 122.6 | 118.6 | 133.8 | 137.9 | 132.0 | 132.9 |
| EBIT | 630.1 | 387.5 | 113.9 | 274.6 | 153.4 | 98.8 | 179.5 | 161.7 |
| EBIT margin | 28.0% | 20.7% | 7.5% | 18.3% | 10.8% | 7.4% | 14.0% | 12.0% |
| Pre-tax income | 625.8 | 439.5 | -77.8 | 225.7 | 114.4 | 56.9 | 136.3 | 119.4 |
| Income taxes | 113.2 | 80.3 | -36.3 | 35.4 | 74.0 | -23.4 | 6.4 | 2.5 |
| Tax rate | 18.1% | 18.3% | 46.7% | 15.7% | 64.7% | | 4.7% | 2.1% |
| Net income | 512.6 | 359.2 | -41.5 | 190.4 | 40.4 | 80.4 | 130.1 | 116.4 |
| Net margin | 22.8% | 19.2% | -2.7% | 12.7% | 2.8% | 6.0% | 10.2% | 8.7% |
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| Diluted EPS | $2.21 | $1.53 | ($0.18) | $0.82 | $0.17 | $0.34 | $0.55 | $0.48 |
| Shares outstanding (diluted) | 232.0 | 234.2 | 226.8 | 233.5 | 233.0 | 239.0 | 238.6 | 242.8 |
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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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