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 | 6,635.5 | 5,998.5 | 5,562.1 | 5,071.7 | 4,368.4 | 3,612.0 | 2,725.9 | 2,443.8 |
| Revenue growth | 10.6% | 7.8% | 9.7% | 16.1% | 20.9% | 32.5% | 11.5% | 13.5% |
| Cost of goods sold | 3,472.4 | 3,074.3 | 2,810.2 | 2,605.5 | 2,193.1 | 1,820.9 | 1,291.5 | 1,197.9 |
| Gross profit | 3,163.1 | 2,924.2 | 2,752.0 | 2,466.2 | 2,175.3 | 1,791.1 | 1,434.4 | 1,245.9 |
| Gross margin | 47.7% | 48.7% | 49.5% | 48.6% | 49.8% | 49.6% | 52.6% | 51.0% |
| Sales and marketing | 741.2 | 718.4 | 651.0 | 633.7 | 581.7 | 438.7 | 332.0 | 296.1 |
| General and administrative | 1,301.8 | 1,091.0 | 935.0 | 826.7 | 745.9 | 694.6 | 493.3 | 438.0 |
| EBITA | 1,325.6 | 1,313.9 | 1,362.2 | 1,209.2 | 1,024.7 | 780.7 | 636.5 | 539.5 |
| EBITA margin | 20.0% | 21.9% | 24.5% | 23.8% | 23.5% | 21.6% | 23.4% | 22.1% |
| Amortization of intangibles | 205.5 | 199.0 | 196.3 | 203.4 | 177.0 | 122.9 | 27.4 | 27.8 |
| EBIT | 1,120.1 | 1,114.9 | 1,165.9 | 1,005.8 | 847.6 | 657.8 | 609.1 | 511.8 |
| EBIT margin | 16.9% | 18.6% | 21.0% | 19.8% | 19.4% | 18.2% | 22.3% | 20.9% |
| Pre-tax income | 609.0 | 516.2 | 692.6 | 433.0 | 286.8 | 159.9 | 211.0 | 84.7 |
| Income taxes | 109.2 | 146.2 | 185.4 | 67.7 | 53.9 | 45.5 | 23.2 | 345.5 |
| Tax rate | 17.9% | 28.3% | 26.8% | 15.6% | 18.8% | 28.4% | 11.0% | 407.7% |
| Net income | 500.2 | 369.8 | 507.5 | 365.4 | 233.0 | 126.8 | 187.8 | -260.7 |
| Net margin | 7.5% | 6.2% | 9.1% | 7.2% | 5.3% | 3.5% | 6.9% | -10.7% |
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| Diluted EPS | $5.53 | $4.18 | $5.99 | $4.56 | $3.00 | $1.62 | $3.21 | ($4.98) |
| Shares outstanding (diluted) | 90.4 | 88.4 | 84.7 | 80.2 | 77.5 | 70.8 | 58.5 | 52.4 |
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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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