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 | 4,143.1 | 3,511.5 | 3,230.8 | 3,190.2 | 3,095.0 | 3,031.1 | 2,986.0 | 2,994.0 |
| Revenue growth | 18.0% | 8.7% | 1.3% | 3.1% | 2.1% | 1.5% | -0.3% | 17.4% |
| Cost of goods sold | 2,839.5 | 2,534.7 | 2,470.2 | 2,429.9 | 2,372.3 | 2,354.3 | 2,180.6 | 2,133.6 |
| Gross profit | 1,303.6 | 976.8 | 760.6 | 760.3 | 722.8 | 676.9 | 805.4 | 860.4 |
| Gross margin | 31.5% | 27.8% | 23.5% | 23.8% | 23.4% | 22.3% | 27.0% | 28.7% |
| General and administrative | 138.1 | 141.1 | 126.9 | 145.5 | 153.1 | 136.7 | 130.8 | 184.7 |
| EBITA | 1,210.7 | 865.2 | 692.3 | 656.9 | 598.8 | 544.3 | 581.8 | 644.2 |
| EBITA margin | 29.2% | 24.6% | 21.4% | 20.6% | 19.3% | 18.0% | 19.5% | 21.5% |
| Amortization of intangibles | 20.0 | 22.4 | 25.6 | 26.2 | 27.7 | 31.0 | 31.5 | 36.6 |
| EBIT | 1,190.7 | 842.8 | 666.6 | 630.7 | 571.1 | 513.3 | 550.3 | 607.5 |
| EBIT margin | 28.7% | 24.0% | 20.6% | 19.8% | 18.5% | 16.9% | 18.4% | 20.3% |
| Pre-tax income | 1,045.5 | 662.1 | 464.4 | 441.7 | 400.3 | 326.7 | 370.4 | 402.6 |
| Income taxes | 242.2 | 145.9 | 94.7 | -5.8 | -146.6 | 149.4 | 135.0 | 226.0 |
| Tax rate | 23.2% | 22.0% | 20.4% | | | 45.7% | 36.5% | 56.1% |
| Earnings from continuing ops | 802.9 | 515.9 | 369.6 | 447.2 | 546.7 | 177.0 | 469.5 | 170.3 |
| Earnings from discontinued ops | | | | | | | -0.4 | 2.2 |
| Net income | 802.9 | 515.9 | 369.6 | 447.2 | 546.7 | 177.0 | 469.1 | 172.5 |
| Net margin | 19.4% | 14.7% | 11.4% | 14.0% | 17.7% | 5.8% | 15.7% | 5.8% |
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| Diluted EPS | $4.72 | $2.88 | $1.99 | $2.39 | $2.84 | $0.90 | $2.30 | $0.79 |
| Shares outstanding (diluted) | 170.1 | 179.0 | 185.5 | 187.0 | 192.2 | 196.0 | 204.5 | 214.2 |
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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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