Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 |
| Revenues | 4,860.3 | 4,982.8 | 4,186.6 | 3,757.5 | 3,347.4 | 3,121.6 | 3,045.8 | 2,820.3 |
| Revenue growth | -2.5% | 19.0% | 11.4% | 12.2% | 7.2% | 2.5% | 8.0% | -1.8% |
| Cost of goods sold | 2,053.5 | 2,092.3 | 1,705.2 | 1,523.5 | 1,367.7 | 1,323.6 | 1,357.3 | 1,281.6 |
| Gross profit | 2,806.8 | 2,890.5 | 2,481.3 | 2,234.0 | 1,979.7 | 1,797.9 | 1,688.5 | 1,538.7 |
| Gross margin | 57.7% | 58.0% | 59.3% | 59.5% | 59.1% | 57.6% | 55.4% | 54.6% |
| Selling, general and administrative | 1,778.9 | 1,671.8 | 1,427.1 | 1,288.4 | 633.6 | 602.7 | 587.7 | 562.1 |
| Sales and marketing | | | | | 155.4 | 164.7 | 177.1 | 167.2 |
| Research and development | | | | | 567.8 | 511.6 | 468.0 | 427.0 |
| EBITA | 1,132.7 | 1,230.5 | 1,187.4 | 1,055.1 | 800.1 | 704.5 | 647.2 | 556.7 |
| EBITA margin | 23.3% | 24.7% | 28.4% | 28.1% | 23.9% | 22.6% | 21.2% | 19.7% |
| Amortization of intangibles | 30.6 | 35.5 | 34.8 | 26.2 | 21.8 | 20.9 | 14.3 | 7.1 |
| EBIT | 1,102.1 | 1,195.0 | 1,152.6 | 1,028.9 | 778.3 | 683.6 | 632.9 | 549.6 |
| EBIT margin | 22.7% | 24.0% | 27.5% | 27.4% | 23.3% | 21.9% | 20.8% | 19.5% |
| Pre-tax income | 1,065.0 | 1,206.8 | 1,103.4 | 987.2 | 823.2 | 697.1 | 638.6 | 567.2 |
| Income taxes | 91.4 | 124.6 | 111.1 | 34.7 | 129.2 | -11.9 | 120.9 | 111.0 |
| Tax rate | 8.6% | 10.3% | 10.1% | 3.5% | 15.7% | | 18.9% | 19.6% |
| Net income | 973.6 | 1,082.2 | 992.3 | 952.5 | 694.1 | 709.0 | 517.7 | 456.2 |
| Net margin | 20.0% | 21.7% | 23.7% | 25.3% | 20.7% | 22.7% | 17.0% | 16.2% |
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| Diluted EPS | $5.04 | $5.61 | $5.17 | $4.99 | $3.66 | $3.76 | $2.73 | $2.39 |
| Shares outstanding (diluted) | 193.0 | 193.0 | 191.9 | 190.9 | 189.7 | 188.7 | 189.3 | 191.1 |
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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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