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 | 3,836.0 | 2,799.8 | 2,982.1 | 4,122.5 | 4,046.6 | 3,525.1 | 3,134.6 | 3,719.6 |
| Revenue growth | 37.0% | -6.1% | -27.7% | 1.9% | 14.8% | 12.5% | -15.7% | -11.9% |
| Cost of goods sold | 3,121.8 | 2,466.6 | 2,689.3 | 3,484.7 | 3,416.3 | 3,028.1 | 2,911.8 | 3,659.3 |
| Gross profit | 714.2 | 333.2 | 292.8 | 637.8 | 630.3 | 497.0 | 222.8 | 60.3 |
| Gross margin | 18.6% | 11.9% | 9.8% | 15.5% | 15.6% | 14.1% | 7.1% | 1.6% |
| Selling, general and administrative | 297.5 | 226.9 | 201.0 | 267.2 | 268.2 | 248.0 | 240.8 | 238.8 |
| EBITA | 290.5 | 128.1 | 102.3 | 470.4 | 372.1 | 259.0 | 10.4 | -168.5 |
| EBITA margin | 7.6% | 4.6% | 3.4% | 11.4% | 9.2% | 7.3% | 0.3% | -4.5% |
| Amortization of intangibles | 8.0 | 8.0 | 8.0 | 10.0 | 10.0 | 10.0 | 28.4 | 10.0 |
| EBIT | 282.5 | 120.1 | 94.3 | 460.4 | 362.1 | 249.0 | -18.0 | -178.5 |
| EBIT margin | 7.4% | 4.3% | 3.2% | 11.2% | 8.9% | 7.1% | -0.6% | -4.8% |
| Pre-tax income | 162.0 | 10.6 | -1,481.9 | 241.6 | 247.7 | -86.5 | -734.0 | -478.0 |
| Income taxes | 15.5 | 26.8 | 77.7 | -28.5 | 11.0 | -6.8 | -106.9 | -112.1 |
| Tax rate | 9.6% | 252.8% | | | 4.4% | 7.9% | 14.6% | 23.5% |
| Net income | 130.9 | -38.2 | -1,572.6 | 257.6 | 222.4 | -91.9 | -640.9 | -377.9 |
| Net margin | 3.4% | -1.4% | -52.7% | 6.2% | 5.5% | -2.6% | -20.4% | -10.2% |
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| Diluted EPS | $0.87 | ($0.30) | ($12.43) | $1.76 | $1.52 | ($0.83) | ($5.97) | ($3.52) |
| Shares outstanding (diluted) | 151.2 | 127.1 | 126.5 | 146.5 | 145.9 | 110.1 | 107.3 | 107.3 |
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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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